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Milken Institute and GoDaddy Analyze Relationship Between High-Tech Growth and Small Business Presence in Local Economies
July 14, 2021 GMT
LOS ANGELES, Calif. (BUSINESS WIRE) Jul 14, 2021
Microbusinesses with an online presence are critical contributors to economic growth and recovery efforts, according to findings from the Milken Institute, published in collaboration with GoDaddy’s Venture Forward Initiative, a multiyear research effort to quantify the impact online microbusinesses have on their local economies. In a new paper, the authors recommend that these businesses, which have 10 or fewer employees, assume a more prominent position in local policy discussions as metro areas recover from the COVID-19 pandemic.