The government has recognized the value of small businesses with National Small Business Week every year since the practice was started in 1963 by President John F. Kennedy. During this week, the Small Business Administration takes time to highlight the impact of small businesses, recognizing "the critical contributions of America's entrepreneurs and small business owners," according to the SBA website.
Small businesses are responsible for driving the creation of new jobs and innovation. In fact, approximately two-thirds of private sector jobs are a result of small businesses. According to the SBA, over half of Americans own a small business or work for one.
Events will be taking place around the country to raise awareness about small businesses, providing information to help small business owners and entrepreneurs make the most of their business. The events will take place in Boston, Washington D.C., Kansas City and San Francisco, highlighting the important role that small businesses play in the economy.
The week will be kicked off at Twitter's San Francisco Headquarters, where Nancy Pelosi will be the featured speaker. Many other notable speakers will appear at various events across the country, including Janet Yellen, the first female chair of the Board of Governors of the Federal Reserve System, who will be speaking on May 15 in Washington D.C. Gail Goodman, CEO of Constant Contact will speak in Boston, and Henry W. Bloch, co-founder of H&R Block, will speak at the event in Kansas City.
The SBA will also be hosting a variety of online events, which can be registered for on the SBA website. The additional events will provide valuable information from experts for small business owners, including technology trends and best practices, and webinars on a variety of business topics of interest.