Isabella Casillas Guzman, head of the U.S. Small Enterprise Administration (SBA) has introduced the 2022 version of the Nationwide Small Enterprise Week (NSBW) will run from Might 1–7 this 12 months. This 12 months’s NSBW will run underneath the theme ‘Constructing a Higher America By means of Entrepreneurship’ and solicit assist for America’s 32.5 million small companies.
Nationwide Small Enterprise Week 2022 Introduced
This 12 months’s celebrations will embody a four-day digital summit in partnership with SCORE to acknowledge small companies from throughout the nation for his or her resilience, ingenuity, and creativity. As well as, occasions can be organized to acknowledge SBA companions for his or her assist of entrepreneurial improvement, catastrophe restoration, authorities contracting, monetary improvement, and others.
“This 12 months’s NSBW will supply entrepreneurs in rural, suburban, and concrete communities throughout America a week-long occasion that can spotlight the instruments and data they should proceed to energy our financial progress, strengthen our provide chains, and ship the services People rely upon daily”, stated Administrator Guzman.
What’s NSBW all About?
Since 1963, NSBW acknowledges the contributions of America’s entrepreneurs and small enterprise homeowners. The weeklong occasion is taken into account one of the crucial essential occasions for recognizing the contribution of small companies within the U.S. It’s extra than simply an opportunity for entrepreneurs to fulfill and work together but in addition a possibility for them to come back collectively to collectively tackle the challenges they face.
As such over 10 awards are up for grabs amongst small companies in varied classes through the Nationwide Small Enterprise Week Awards. Nominations for the awards closed on January 11, 2022, to acknowledge the achievements of SBA-assisted small companies and the contributions they’ve made to their communities and our nation’s economic system.
Among the many awards embody the coveted Small Enterprise Particular person of the Yr. Wherein a enterprise or proprietor from every of the 50 states, can be chosen for the State Winner award. The state award winners will compete for the title of Nationwide Small Enterprise Particular person of the Yr, SBA’s signature award.
Small Enterprise Contribution to the US Economic system
Small companies in America are outlined as unbiased companies which have fewer than 500 workers and embody family-owned eating places, mom-and-pop retailers, native file shops venues, nail salons, spas, and extra. The US is dwelling to 32.5 million small companies representing 99.9 p.c of all companies. Some 50% of all small companies function from dwelling with small companies accounting for 44% of US financial exercise.
Over 60 million workers represent 48.6 p.c of the overall personal workforce, and small companies created 1.6 million new jobs in 2019. Final 12 months noticed a rise within the variety of purposes to begin firms. 2021 noticed 5.4 million purposes, a 53 p.c improve over 2019 pre-pandemic figures.
Picture: sba
