![]() That size difference can mean local shops rely even more on support from their communities. According to the Kauffman Foundation’s 2016 Main Street Entrepreneurship Index, small business survival is up over the past year but businesses are staying smaller. These small businesses have been responsible for creating two out of every three net new jobs in the U.S. On Small Business Saturday 2015, more than 95 million Americans spent a combined $16.2 billion at independent neighborhood retailers and restaurants – often purchasing locally-sourced and unique handmade gifts for loved ones or “dining small” at their favorite local eatery.Ĭontreras-Sweet added: “Small businesses are the backbone of our economy and the heart of our communities. ![]() ![]() This year marks the seventh Small Business Saturday, an annual celebration of America’s small business community coordinated by SBA in partnership with American Express, Women Impacting Public Policy (WIPP) and others. Now in its seventh year, Small Business Saturday is our day to express our economic patriotism and give back to the locally-owned enterprises that do so much for our communities.” “This celebration helps bring vital activity into our nation’s 28.8 million independent businesses during the important holiday retail season. “Small Business Saturday is about supporting local businesses, the pillars of economic stability and job creation in communities all across America,” said Contreras-Sweet. Small Business Administration (SBA), is encouraging all Americans to “shop small” at local businesses and “dine small” at local restaurants and bars as part of Small Business Saturday on November 26. WASHINGTON – Maria Contreras-Sweet, Administrator of the U.S. Cabinet member for small business calls on Americans to visit favorite local businesses and restaurants on Saturday, November 26 ![]()
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