May 1st through May 7th, 2022
For over 50 years, National Small Business Week (NSBW) has celebrated the small businesses that are the backbone of our nation and our local communities, and highlights the integral part they play in shaping the economy. NSBW takes place annually during the first week of May.
To celebrate NSBW, the Colorado Chamber will be spotlighting Colorado small businesses and recognizing the contributions of small business owners, entrepreneurs and their employees to our local communities.
According to the U.S. Small Business Administration, there are approximately 675,000 small businesses in Colorado, making up 99.5% of businesses in the state and showing just how essential they are to the overall business community. Small businesses are represented across the state in every sector. Spanning from tech companies to food services, the small business community continues to grow and thrive in Colorado, employing 1.2 million workers statewide.
Small businesses in Colorado have shown incredible resilience in the face of the global pandemic. Colorado has reclaimed 98% of all jobs lost during the pandemic, and the state’s unemployment has dropped to 3.7%.