Small Business Saturday


WHEREAS, according to the Small Business Administration, there are more than 656,000 small businesses in Virginia, representing 97.8% of all employers, who employ 47.9% of the private sector labor force; and

WHEREAS, small businesses employ more than 1.4 million workers, and are critical to the growth of the new Virginia economy as they continue to drive significant job creation and innovation; and

WHEREAS, Executive Order 20 is expanding contracting opportunities to small, women-owned, and minority-owned (SWaM) businesses across the Commonwealth; and

WHEREAS, in 2010, Small Business Saturday was founded to support small businesses across the country by attracting new customers in November and December, which account for approximately 40% of annual revenue for U.S. retailers; and

WHEREAS, consumers spent more than $5.7 billion at small businesses nationwide on Small Business Saturday in 2013; and

WHEREAS, I encourage all Virginians to participate in Small Business Saturday by supporting local stores, businesses, restaurants, and other independent merchants in communities across the Commonwealth;

NOW, THEREFORE, I, Terence R. McAuliffe, do hereby recognize November 29, 2014, as SMALL BUSINESS SATURDAY in our COMMONWEALTH OF VIRGINIA, and I call this observance to the attention of all our citizens.