Business and Community Lenders of Texas (BCL Texas), formerly CEN-TEX Certified Development Corporation, used HFFI financing to support Salud Corporation (SC), which is a Latina-led, for-profit start-up that manufactures and distributes high-quality extra virgin olive oil (EVOO) to replace unhealthy cooking lard. SC has priced its olive oil at a price point affordable to local Hispanic markets, and it will sell its olive oil both wholesale and retail in Austin, Texas. Bottling began in 2013, and Salud Corporation aims to retain 15 employees.
- 15 jobs created
- Increased EVOO consumption in Hispanic markets
- Support women-, minority- and veteran-owned businesses
- Sustainable sourcing of olives for domestically-produced product
Source of money: HFFI CED Program; Fiscal year(s): 2011