Nov. 26 declared Small Business Saturday in Michigan supporting local businesses year-round

Lansing, Mich. (WLUC) – Governor Gretchen Whitmer today proclaimed November 26 as Small Business Saturday in Michigan and urged Michiganders to shop local this weekend and throughout the year to support Michigan’s small businesses.

“Small businesses are the backbone of our economy,” said Governor Whitmer. “Supporting local small businesses and entrepreneurs creates good-paying jobs and supports more vibrant communities in every region of our state. On Small Business Saturday, let’s celebrate Michigan’s small businesses and the invaluable contributions they make to our communities. Let’s celebrate by shopping local—and do so throughout the holiday season and all year long. I will continue to work with anyone to ensure that our small businesses have the resources they need to succeed as we continue to grow Michigan’s economy. And together we continue to build a bright future.”

Michigan is home to 902,000 small businesses, 1.9 million small business employees, representing 48.3 percent of Michigan’s workforce. More than 99 percent of Michigan businesses are defined as small businesses with fewer than 500 employees.

According to the Michigan Bureau of Labor Market Information, a report released in May showed that in the first three quarters of 2021 alone, small businesses with fewer than 50 employees created nearly 170,000 jobs, the most in 23 years. Job growth is off to the fastest start. The state also saw an explosion of entrepreneurs and business owners starting new ventures in 2021, filing 150,000 new small business applications to start a business, a 59 percent increase over 2019.

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Since October 2020, MEDC has supported small businesses in all 83 counties with more than $73.7 million in funding, helped launch more than 560 new businesses and generated more than $4.3 billion in new small business revenue. has helped

According to the US Small Business Administration, small businesses comprise more than 98 percent of Michigan businesses and employ half of Michigan’s workers. For every $100 spent at a local business, about $68 stays in the local economy, leading to business and job growth.

Additionally, according to the Michigan Retailers Association, one in five Michigan jobs are in the retail industry. In 2021, Michigan residents sent $30.3 billion to out-of-state retailers. If just one in 10 out-of-state purchases, equal to about $3 billion, were diverted to local stores, Michigan would benefit by $2.2 billion in economic activity, creating 16,000 new jobs.

Michigan Retailers Association President and CEO William J. “Choosing to buy nearby strengthens communities, keeps money in Michigan, and gives small businesses the opportunity to thrive,” Helen said. “When you’re looking for that perfect gift for a loved one this year, head to Main Street to boost our local economy and support your local businesses.”

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Each year, the Michigan Economic Development Corporation launches the Help Local campaign to remind Michiganders of the importance of supporting small businesses, especially during the holidays and throughout the winter season. The Support Local landing page at michigan.org/supportlocal offers resources that help residents shop and eat locally, including decor, fashion, pet toys, hardware, and more. Includes links to a vibrant downtown filled with specialty local shops. For the craft beverage lover, Michigan beer, wine and spirits can be found at brick-and-mortar shops and local grocers across the state. Around Michigan, independent bookstores are filled with page-turning stories and gifts. To refuel, shoppers can visit one of Michigan’s coffee shops and pick up a bag of beans to brew at home. Or give the gift of travel, creating memories at destinations across the state.

“As we look for ways to create greater opportunities for all Michiganders, we remain committed to supporting our small businesses, their employees and local communities in all corners of the state,” said MEDC CEO Quentin L. Messer, Jr. said. The Saturday after Thanksgiving is traditionally one of the busiest days of the holiday season, and by shopping local, we can help Michigan workers, businesses and communities thrive this season and every day.

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MEDC is committed to supporting the success of small businesses that form the backbone of the state’s economy. Earlier this year, MEDC announced a new Small Business Services and Business Solutions team as part of an increased focus on supporting small businesses in Michigan. The team was created to play a critical role in helping the state’s existing small and micro businesses grow while improving economic prosperity for all Michiganders through greater opportunities for small business ownership and access to capital.

“Every day is a day to celebrate and patronize Michigan’s home businesses. No business is too small for those who are putting it all on the line, and that’s why we remain focused on creating pathways and opportunities for our entrepreneurs to realize their visions,” Messer said. “Our Together with the new small business team, we will continue to set the stage for Michigan’s economic growth for generations to come.”

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