|U.S. Small Business Administration Asks Americans to Shop Small
|02:18PM / Thursday, November 24, 2022
BOSTON — The U.S. Small Business Administration (SBA) will recognize Small Business Saturday on Saturday, Nov. 26, in support of local businesses and Main Street economies.
Prior to the day, SBA will host in-person events in downtown shopping districts to recognize the role that America's 33 million small businesses play in advancing the nation's economic recovery.
"Our small businesses are the lifeblood of our communities. Shopping small and dining local, helps our job creators, boosts our local economies, and enriches our neighborhoods every day," said Mike Vlacich, SBA New England Regional Administrator. "I'm honored to serve the 1.5 million small businesses across New England that help keep our communities vibrant. Start your holiday shopping early and shop small!"
The Massachusetts District Office held an SBA Capital Matchmaker event in the City of Worcester in collaboration with the Small Business Development Center at Clark University to raise awareness about the importance of supporting small businesses during this critical holiday season.
"You can personally contribute to your local economy this season simply by dining and buying takeout at a locally-owned restaurants," said Bob Nelson, SBA Massachusetts District Director. "Every customer that buys from small businesses helps the entire neighborhood – bringing in more dollars that will circulate and stay within the local community."
Nov. 26 marks the 13th annual Small Business Saturday, created to help small businesses capture a larger piece of the holiday season consumer spending, while also helping address small business owners' most pressing need: getting more customers through their doors, according to press release.
According to American Express, shoppers came together last year to support their communities; and Small Business Saturday?hit a record high with an estimated $23.3 billion in reported spending at independent retailers and restaurants.