Boosting small business is crucial to a smart recovery
A woman is seen working inside her small tailoring shop made with recycled Polypropylene sacks in Kibera slums, Kenya. Photo by Donwilson Odhiambo/SOPA Images/Sipa USA via Reuters.
There is little doubt that small- and medium-sized enterprises (SMEs) play an outsized role in most economies. They are employers, producers, service providers, and innovators who power integrated supply chains, driving global economic growth and job creation. SMEs comprise some 90 percent of businesses and employ more than half the world’s workers. In emerging and developing markets, formal SMEs contribute roughly 40 percent of national income (GDP) and generate at least seven out of ten jobs; and these estimates rise substantially if you take informal business into account.
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Presented by New Yorkers United for Justice
Scott Stringer is denying accusations of sexual assault and harassment in what has become a grim refrain in New York politics.
Jean Kim, a lobbyist who said she was a former intern on Stringer’s failed public advocate campaign in 2001, said the career politician and leading New York City mayoral candidate repeatedly groped her against her will and demanded, “Why won’t you f - me?” when she was working on the campaign.
Tech innovation boosts recovery in Colorado outdoor recreation economy April 26, 2021, 7:33 am
If Colorado’s tech and outdoor rec sectors weren’t inextricably linked prior to the COVID-19 pandemic, they certainly are now, panelists on a recent webcast said.
“The marriage of tourism, travel, and tech is important to what’s happening in Colorado’s economic development,” state Rep. Julie McCluskie, D-Dillon, said earlier this month during the “Tech Forward Webcast: How Tech is Driving Recovery in Colorado’s Tourism Economy”.
Rep. Julie McCluskie
In 2019, before the pandemic, an estimated 87 million visitors came to Colorado, spending more than $24 billion. Colorado’s tech industry, meanwhile, is worth an estimated $50 billion and makes up 14.5% of the state’s economy.
Detroit Free Press
DETROIT Challenging times call for some ingenuity if you re a small business owner at risk of losing everything.
One Detroit baker sent her pies to celebrities in an attempt to expand her reach and find new customers. Their posts about the pies on Instagram eventually landed her on a very important online list.
Meanwhile, a Detroit inventor turned to a website he generally avoided, Amazon.com, to sell a mobile desk he invented just before the world shut down.
These are just two of many small business owners who have either created or invested in their online presence to save their businesses during the pandemic.
Vermont businesses generate $1 62B in economic impact due to Google products vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.