Small Business as a Driving Force for Inclusive Growth

Jul 11, 2022 4:00 PM ET
info graphic, statistics: America is home to more than 32 million small businesses (fewer than 500 employees), which employ 61 million workers — half of the private-sector workforce. Small businesses account for 99.9 percent of all U.S. businesses.. 97.5 percent of America’s exporters are small businesses, helping connect our economy to the rest of the world.

Originally published in FedEx's 2022 Global Entrepreneurship Report

Small business as a driving force for inclusive growth

Small businesses are a driving force for economic growth. But not every business owner has access to
resources needed to be successful. Our Global Entrepreneurship work helps strengthen minority- and
women-owned small businesses by connecting them to training, mentoring, networking, and capital.
That’s become especially critical in light of the COVID19 pandemic.

Our approach

TRAINING
Funding skills training for women and minority small business owners interested in growing their business, but who have challenging barriers to success.

NETWORKING
Helping women and minority small business owners connect with each other through networks that provide support and business development.

CAPITAL ACCESS
Investing in programs that help women and minority small business owners access fair and affordable capital to sustain and grow their businesses.

MENTORING
Supporting mentoring programs to help women and minority small business owners get inspired, confident, and on a path to growth and success.

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