National Small Business Week, 2025
1. Purpose
To celebrate the contributions of small businesses to the U.S. economy and recognize the challenges they face.
2. Key Actions And Directives
- Proclamation of National Small Business Week: Proclaim the week of May 4 through May 10, 2025, as National Small Business Week to honor small businesses.
- Support Measures for Small Businesses: Implement policies aimed at reducing regulations, taxes, and promoting fair trade practices.
3. Important Points
- Celebration of Entrepreneurship: National Small Business Week honors the spirit and resilience of entrepreneurs, highlighting their role in economic growth.
- Economic Impact of Small Businesses: There are 33 million small businesses in America, employing nearly half of the private-sector workforce.
- Challenges Faced by Small Businesses: Small business owners face significant challenges including high inflation, increase in regulations, and unfair trade practices.
- Government Support Initiatives: The Administration is launching initiatives like the Made in America Manufacturing Initiative to create jobs and secure supply chains.
- Foundation of Economic Prosperity: Entrepreneurship is seen as critical for maintaining a free and prosperous national economy, driving innovation and job creation.
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