The week of April 30 to May 6, 2017 has been designated National Small Business Week. For more than 50 years, the President of the United States has issued a proclamation setting aside this week to celebrate the entrepreneurial spirit and acknowledge the many contributions of small businesses to the American economy.
Spearheaded by the U.S. Small Business Administration in conjunction with local governments, chambers of commerce and small business development organizations, National Small Business Week festivities include workshops, awards, parades and commemorations in cities and towns all across the nation. More than half of Americans either own or work for a small business, and these firms create two-thirds of the new jobs in the U.S. each year.
The Delta Supply Chain Supplier Diversity team is hard at work to maximize the Company’s engagement and utilization of suppliers from this all-important segment. It has been said that “as small business goes, so goes America,” and nowhere is that statement more true than in the Delta supply chain. Delta does business with hundreds of small businesses each year, many of whom are also certified in one of Delta’s supplier diversity categories, including businesses owned by ethnic minorities, women, veterans, and members of the LGBT community. The main things these companies have in common is that they are job creators that have a huge economic impact, serving as the primary economic engine of the American economy.
Here’s a look at small businesses by the numbers:
- Twenty-eight million small businesses generate approximately 54 percent of U.S. revenues annually.
- Small businesses have created 66 percent of net new jobs in America since the 1970s.
- Small businesses occupy nearly half of all U.S. commercial real estate, totaling more than 30 billion square feet.
- Over the last 25 years, small businesses have added 8 million new jobs.
- The number of small businesses in the U.S. has increased by nearly 50 percent since 1982.
Small business owners are an essential part in Delta’s customer service machine, providing a broad array of products and services that keep Delta flying and help provide customers the finest travel experience in the sky.
Every spring, the Supplier Diversity Star Awards program has honored the contributions of Delta’s top women-owned, minority-owned and small-business suppliers, as well as internal Delta team members who champion supplier diversity.
This year, the Small Business of the Year Award went to Aviation Repair Technologies, LLC.
For more information on Delta’s supplier diversity program, visit delta.com/supplierdiversity.