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Latin America Business News

President Proclaims National Small Business Week

President Barack Obama hailed small business owners as the backbone of the nation’s economy in his proclamation of the week of May 15-21 as National Small Business Week. The President declared them to be the embodiment of America’s promise: “the idea that if you have a good idea and are willing to work hard enough, you can succeed in our country.”

The President’s proclamation was issued before the U.S. Small Business Administration’s 48th annual observance of National Small Business Week in Washington, D.C.  (May 18-20).  The event honors outstanding entrepreneurs from across the country, and features announcement of the 2011 National Small Business Person of the Year, who is selected from among 54 small business award winners from 50 states, D.C., Guam, Puerto Rico and the Virgin Islands.

The President’s proclamation in part states:

“Our country started as an idea, and it took hard-working, dedicated, and visionary patriots to make it a reality.  A successful business starts much the same way—ideas realized by entrepreneurs who dream of a better world and work until they see it through.  From the family businesses that anchor Main Street to the high-tech startups that keep America on the cutting edge, small businesses are the backbone of our economy and the cornerstones of America’s promise.”

The full text of the President’s National Small Business Week proclamation can be found by clicking here