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1. • • California small businesses are drivers of economic growth – creating two-thirds of new jobs and employing nearly half of all private sector employees.
     www.gov.ca.gov/wp-content/uploads/2020/09/Small-Business-Fact-Sheet-9.9.20.pdf

     CALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

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   Are small businesses driving economic growth in California?

   • California small businesses are drivers of economic growth – creating two-thirds of new jobs and employing nearly half of all private sector employees.

   CALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

   www.gov.ca.gov/wp-content/uploads/2020/09/Small-Business-Fact-Sheet-9.9.20.pdf

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   How many small businesses are in California?

   • California is home to 4.1 million small businesses, representing 99.8 percent of all businesses in the state and employing 7.2 million workers in California, or 48.5 percent of the state’s total workforce. The COVID-19 pandemic has presented a significant challenge to small businesses, employers and employees.

   CALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

   www.gov.ca.gov/wp-content/uploads/2020/09/Small-Business-Fact-Sheet-9.9.20.pdf

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   How does inflation affect small businesses in California?

   • Skyrocketing inflation is slamming many of California’s 1.6 million small businesses, which employ more than half the state’s workforce. Supply chain snafus make it harder and costlier to restock inventory. Workers are seeking higher pay amid a labor shortage. And small firms are less able to navigate the challenges than larger competitors.

   California small businesses confront rising inflation, wages - Los

   www.latimes.com/business/story/2021-12-03/inflation-wages-supply-chain-crisis-threaten-california-small-business

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   How many small business loans are approved in California?

   • Small Business Finance Center. IBank has conditionally approved 415 loans for $14.5 million, retaining the jobs of 2,252 Californians. To date, 82 percent of the loans have gone to either women-owned, minority-owned, or those businesses in low to moderate income (or LMI) tracts. The average loan size, to date, is $35,000.

   CALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

   www.gov.ca.gov/wp-content/uploads/2020/09/Small-Business-Fact-Sheet-9.9.20.pdf

   See all results for this question

   What is the California Infrastructure Economic Development Bank (iBank)?

   • The California Infrastructure Economic Development Bank (IBank)provided $100 million in loan guarantees for small businesses that may not be eligible for federal relief. To date, IBank has conditionally approved 415 loans for $14.5 million, retaining the jobs of 2,252 Californians.

   CALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

   www.gov.ca.gov/wp-content/uploads/2020/09/Small-Business-Fact-Sheet-9.9.20.pdf

   See all results for this question

   Why are Californians doing better?

   • Rising vaccination rates enable shoppers to feel safer. And with returning jobs, more people are spending freely despite rising inflation. Retail sales jumped 1.7% in October, more than double September’s growth rate and the fastest pace since March. Californians are doing better than most.

   California small businesses confront rising inflation, wages - Los

   www.latimes.com/business/story/2021-12-03/inflation-wages-supply-chain-crisis-threaten-california-small-business

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3. www.gov.ca.gov › wp-content › uploadsCALIFORNIA SUPPORTS SMALL BUSINESSES - California Governor

   www.gov.ca.gov › wp-content › uploads

   Sep 9, 2020 · California small businesses are drivers of economic growth – creating two-thirds of new jobs and employing nearly half of all private sector employees. California is home to 4.1 million small businesses, representing 99.8 percent of all businesses in the state and employing 7.2 million workers in California, or 48.5 percent of the state’s ...

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4. advocacy.sba.gov › wp-content › uploadsCalifornia Small Business Economic Profile

   advocacy.sba.gov › wp-content › uploads

   A total of 63,416 identified firms exported goods worth $146.2 billion from California in 2020. Of those exporters, 60,154—or 94.9 percent—were small. Exports by small firms reached $58.3 billion, making up 39.9 percent of exports by identified firms.

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6. advocacy.sba.gov › wp-content › uploadsCalifornia Small Business Economic Profile - Office of Advocacy

   advocacy.sba.gov › wp-content › uploads

   • In the fourth quarter of 2019, California grew at an annual rate of 2.2%, which was faster than the overall US growth rate of 2.1%. California’s 2019 overall growth rate of 2.6% was down from the 2018 rate of 4.3%.

7. calosba.ca.gov › ca-small-business-factsHow Small Businesses Drive California’s Economy

   calosba.ca.gov › ca-small-business-facts

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   CA Small Business Facts. Small businesses are the backbone of our economy and our communities. They create nearly half of the state’s jobs and keep our Main Streets vibrant. That’s why CalOSBA’s motto is: Supporting Small Strengthens Us All! Download a PDF Version.

8. www.latimes.com › business › storyCalifornia small businesses confront rising inflation, wages ...

   www.latimes.com › business › story

   Dec 3, 2021 · Skyrocketing inflation is slamming many of California’s 1.6 million small businesses, which employ more than half the state’s workforce. Supply chain snafus make it harder and costlier to...

9. californiagazette.com › small-business-growth-inSmall Business Growth in California: Trends and Success Stories

   californiagazette.com › small-business-growth-in

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   Dec 21, 2023 · Discover the key drivers of small business growth in California, including the rise of technology startups, diversity and inclusion, and the opportunities presented by the gig economy.

10. advocacy.calchamber.com › small-businessSmall Business - Advocacy - California Chamber of Commerce

    advocacy.calchamber.com › small-business

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    Feb 28, 2024 · Small businesses are an economic force in California. Our state is home to more than 4 million small businesses, which make up 99.8% of all businesses in the state. These small businesses employ around 7.5 million people, which constitutes just under half of all employees in California.