SBA Concludes Small Business Week
Friday marks the final day of National Small Business Week - a week long celebration of the country's small companies. President Barack Obama kicked the event off last week by referring to the sector as one of the cornerstones of the U.S. economy and leaders of the entrepreneurial spirit that has defined the nation since birth.
To conclude the week-long recognition of small business incorporation, the U.S. Small Business Administration honored nine champions of small business for their efforts in supporting entrepreneurship and business filing activity nationwide.
"The SBA is proud to honor these men and women as champions of small business. Their tireless efforts have supported small businesses, local communities and America's economic recovery efforts," said SBA Administrator Karen Mills.
"They provide the counseling, advocacy, advice and support that small business owners need, and foster an environment where the spirit of entrepreneurship can flourish, resulting in economic growth and job creation," Mills added.
While the economy is still on the mend, the role of small businesses - which employ nearly half of all private workers - in generating employment is seen as critical. Accordingly, private and public groups alike have been pushing to aid the sector in any way possible.