Starting a business means chasing a dream and taking charge of your future. During National Small Business week, we’ll reflect on one of the most important parts of our economy: small businesses.

History

The first president to sign a proclamation for National Small Business Week was John F. Kennedy in 1963. It recognized America’s entrepreneurs and small business owners as critical contributions to the economy. Every year since then, each President has shown support by reissuing the proclamation.

National Small Business Week has also been honored annually by the Small Business Administration (SBA), which highlights the impact of outstanding entrepreneurs and small business owners throughout the country. This year, the SBA will hold recognition events in Miami, Los Angeles, San Antonio, New York and culminate in Washington, D.C., where national winners will be recognized and awarded.

Key Facts

  • About half of Americans either own or work for a small business
  • There are about 28 million small businesses in the U.S.
  • The opening of small firms have accounted for 40 percent of all the new jobs over the last two decades.