Small businesses are the backbone of our national and local economies. Not only are they our largest job creators, but they also help drive innovation in our communities. And small businesses that grow into large corporations often stay in the community that supported them from the start.
To celebrate them, the U.S. Small Business Administration has since 1963 been holding National Small Business Week, April 30-May 6, to recognize the critical contributions of America’s entrepreneurs and small business owners.
Here’s a look at the huge role small businesses play in New Mexico, thanks to data provided by WESST:
- 98% of all businesses have fewer than 100 employees.
- 4% have fewer than 20 employees.
- 60% have fewer than five employees.
- Of the154,405 small businesses in the state, 120,916, or 78%, are solopreneurs.
Nationally, more than half of Americans either own or work for a small business, and small businesses create about two out of every three new jobs in the U.S. each year, according to the U.S. SBA.
This year, the Albuquerque community is furthering the efforts of the U.S. SBA with a local recognition of National Small Business Week. A mix of special events is being planned to show our appreciation for and recognize the impact of our small business owners.
Here are a few of the highlights planned as of today. Make sure to check for regular updates at abqic.com.
Sharing our Entrepreneurial Stories
6-8 p.m. April 27
Urban Fresh, 123 Broadway Blvd. SE
While sometimes it seems like high growth startups capture much of the limelight, existing small businesses have great stories, too. With this event, select “Everyday Entrepreneurs” share their stories and compete for a resource bundle of services and more.
To apply to tell your story, visit: http://bit.ly/2nZrREz.
For event information visit: https://www.facebook.com/events/1212196278893697/?ti=icl
Buy Local Joint Procurement Fair
9:00 a.m. – 12:00 p.m. April 28
Central New Mexico Community College Student Success Center (Main Campus)
Albuquerque’s small businesses are invited to a first-of-its-kind “Buy Local Joint Procurement Fair” as the official kick-off to National Small Business Week in Albuquerque. As part of the “Healthy Neighborhoods Albuquerque Initiative,” the Albuquerque Hispano Chamber of Commerce is working with the City of Albuquerque, Central New Mexico Community College, the University of New Mexico Health Sciences Center and Albuquerque Public Schools to provide local business the information and contacts they need to do business with some of our community’s largest buyers.
Registration begins at 8:30 a.m.
Sign-up: Event is free; registration at http://bit.ly/buylocal2017.
1 Million Cups: Albuquerque Small Business Week Edition
9 – 10:30 a.m. May 3
FatPipeABQ, 200 Broadway Blvd. NE
Albuquerque’s 1 Million Cups event at FatPipeABQ is recognized as among the best of 115 sites across the United States for this program designed by the Kauffman Foundation. This special Small Business Week edition will combine a presentation from a local entrepreneur along with a mini resource fair to introduce local entrepreneurs to several of the organizations that can help them move forward.
Signup and more information at 1mcabq.com.
Cuatro de Mayo Entrepreneurial Networking Celebration
6-8 p.m. May 4,
The Craftroom, 2809 Broadbent Pkwy. NE
The Albuquerque Hispano Chamber of Commerce and Entrepreneur Happy Hour celebrate entrepreneurs’ independent spirit in this pre-Cinco de Mayo event for entrepreneurs.
To register: https://www.meetup.com/nmtechscene/events/237526996/