Yum! is dedicated to recruiting minority franchisees and is actively engaged in programs that support minority franchisee development, like the Latino Franchisee Symposium, a cross-industry franchisee recruiting event that we've hosted since 2015, bringing together more than 20 organizations. Since we began sponsoring the event three years ago, we’ve added nearly 50 Hispanic-owned restaurants to our system.
We helped develop and launch the International Franchise Association’s MinorityFran Program, an initiative that provides a one-stop point of access for minority prospects who are exploring franchise opportunities. The program is a partnership with the National Urban League, UnidosUS, the Association of Small Business Development Centers and the U.S. Pan Asian American Chamber of Commerce.
Yum! has also established a minority lending assistance program focused on aiding qualified prospective ethnic minority franchisees, with a particular emphasis on African American and Latino individuals, in their efforts to enter the KFC, Pizza Hut and Taco Bell systems.