Campaign leverages Small Business Saturday® momentum and encourages small shopping throughout the holiday season
WASHINGTON, Dec. 2, 2024 (GLOBE NEWSWIRE) — Today, Administrator Isabel Casillas Guzmán, head of the US Small Business Administration (SBA) and President Biden’s Cabinet voice for America’s 34 million small businesses, ushered in second SBA meeting Small business season campaign with the following statement:
“Over the past four years, the United States has seen unprecedented entrepreneurship with a record 20 million business applications filed since President Biden took office. These companies span every industry and geography. They are led by people from all over the world. backgrounds and experiences. But they are united by a singular belief in what is possible. As the President often says, every small business application represents an act of hope, and during the Season of Small Business, that hope shines especially bright. .
“Compared to the world’s economies, the United States has also seen continued strength in consumer spending over the past four years, and we expect this important holiday season to generate even greater spending levels than the impressive $955, 6 billion last year. The holidays are the busiest time of the year for so many small businesses that depend on the surge to meet their annual revenue goals, whether it’s shopping for gifts online at a mom-and-pop boutique or warming up with hot chocolate. at a local coffee shop, two-thirds of each one dollar Spent at a small business goes back to your community As families across the United States gather to enjoy this special time of year, the SBA encourages everyone to stretch their dollars with local impact by shopping, dining and entertaining. to the little ones during the Small Business Season.”
Small businesses are a crucial part of local economies and communities: they are responsible for more than 40% of US economic output and two-thirds of net new jobs. In the last four years there has been a boom in small businesses with more than 20 million new business applications throughout the country, a record number for any presidential term.
For more information about the SBA Small Business Season campaign, visit www.sba.gov/SeasonOfSmallBusiness. For more information about SBA loan programs, financial assistance and other services, visit www.sba.gov.
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About the US Small Business Administration
The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only resource and voice for small businesses backed by the strength of the federal government, the SBA provides entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared crisis. disaster. Provides services through an extensive network of SBA field offices and partnerships with public and private organizations. For more information, visit www.sba.gov.
CONTACT: SBA Headquarters Press Team
US Small Business Administration
