Hopeworks Announces Winner of Latinx Enterprise Initiative

Myriagon Consulting Group, LLC to receive an appealing and professional website with search engine optimization, valued at $20,000

Camden, NJ – May 6, 2022 – Hopeworks, a nonprofit and social enterprise dedicated to providing a positive and healing environment that propels young people to build strong futures, today announced Nestor Torres, Principal & Managing Partner of Myriagon Consulting Group, LLC, as the winner of their Latinx Enterprise Initiative. Later this month, the young professionals who are part of Hopeworks Web Services team will use their technical skills to design a professional, responsive, and functional website with search engine optimization for Myriagon Consulting Group, LLC.

Following the success of Hopeworks Black Enterprise Initiative earlier this year, the organization wanted to continue supporting the growth of a minority-owned businesses and established the Latinx Enterprise Initiative in March.

Through this initiative, Hopeworks is able to support these businesses and also provide an opportunity for their young professionals to help support the business community.

 “We are so excited to announce Nestor Torres as the winner of Hopeworks first Latinx Enterprise Initiative,” said Lindajoy Jackson, Director of Business. “The year started strong with the Black Enterprise Initiative and we wanted to keep the ball rolling by continuing to actively engage with minority-owned businesses in a creative way. By investing in businesses such as Myriagon Consulting Group, we not only hope to help grow individual organizations, but also propel the community and region towards a more equitable business ecosystem for future workers and entrepreneurs.”

Myriagon Consulting Group, LLC is a business management consulting firm based in Philadelphia, PA.

“Being selected as the winner of Hopeworks’ first Latinx Enterprise Initiative is a proud moment for our growing company, especially when you consider all of the amazing entrepreneurs that applied to be in our place,” said Nestor Torres. “We’re excited for what this website will be able to offer our team and our customers, while expanding our exposure and impact on the local Latinx business community.”

For more information about Hopeworks, please visit www.hopeworks.org and follow Hopeworks on Facebook, Instagram, and Twitter.

About Hopeworks

Hopeworks is a social enterprise that uses technology, healing, and entrepreneurship to transform lives. Hopeworks’ unique mix of training, trauma-informed care, and real-world experience is what leads to extraordinary results. The approach, combined with high-demand, high-wage technical training and paid work experience is helping to build a workforce that can not only get the job, but keep it, transforming their lives and the lives of their families.

To provide this experience, Hopeworks runs real businesses, providing technology solutions for businesses in web design and Geographic Information Systems (GIS), and Trauma informed solutions through training and consulting services with the Youth Healing Team. These businesses help generate over 125 youth jobs a year, and lead to high-wage, permanent opportunities for youth in a growing tech industry.

Hopeworks’ unique combination has led to extraordinary results, with over 85% of youth associates earning high-wage jobs at the end of their work experience with Hopeworks, and a 12-month retention rate of almost 90% at those jobs. Young professionals entering Hopeworks are typically earning an average of $400 per year and after going through the training program, they have the opportunity to make a livable and comfortable wage, earning over $41,000 annually.