As originally published by GoDaddy’s Venture Forward Research Initiative 

GoDaddy’s Sr. Director of Venture Forward, Alexandra Rosen, kicked off Innovation Day at TENWEST this year with a presentation on the power of entrepreneurship, including the growth, journey and impact of the local microbusiness owner in Tucson and surrounding Arizona. Her presentation “The Macro Impact of Microbusinesses: How Digital Entrepreneurs Power Our Local Economies” covered these businesses’ vast importance and how they can better be supported.

Tucson Microbusiness Fast Facts

• There are over 50,000 microbusinesses open in Tucson.
• Tuscon averages 7+ microbusinesses per every 100 adults.
• There are over 630,000 online microbusinesses across Arizona.
• Top 3 challenges for microbusiness entrepreneurs? Marketing online, accessing capital, and creating a website.
• About half of all microbusinesses are owned by women – and this number is growing.
• For each additional microbusiness per 100 people in a county, $489 is added to annual household median income.
• Each microbusiness entrepreneur creates about 7 new jobs (directly, indirectly, or through more local spending).

TENWEST used the skills of an illustrator at the conference to bring each presentation to life.

Download the full presentation to learn more about these powerful microbusinesses.

About Venture Forward

GoDaddy's Venture Forward research initiative analyzes more than 20 million online businesses with a digital presence (measured by a unique domain and an active website). Most of these businesses employ fewer than ten people, categorizing each as a microbusiness. While these microbusinesses may be small, their impact on economies is outsized even though they are often too informal or too new to show up in traditional government statistics. To find out more about GoDaddy's Venture Forward research, visit: www.godaddy.com/ventureforward

GoDaddy

GoDaddy

GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online. GoDaddy is the place people come to name their idea, build a professional website, attract customers, sell their products and services, and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success. To learn more about the company, visit www.GoDaddy.com.

About GoDaddy for Good

GoDaddy focuses on making opportunity more inclusive for all in the communities where we work, live and play across the globe. We rally behind inclusive entrepreneurship and other critical local needs that empower people to succeed through philanthropic and in-kind donations, volunteerism, strategic partnerships and advocacy.

Empower by GoDaddy 

Empower by GoDaddy is GoDaddy's global community and philanthropic program equipping entrepreneurs in underserved communities with training, tools and peer networks to accelerate their journeys. GoDaddy rallies behind entrepreneurs in underserved communities by building their confidence and skills to strengthen their small business’ digital presence.  Entrepreneurs engage in customized learning experiences, work 1-1 with GoDaddy volunteer coaches and local mentors, and gain access to wrap-around services, in-kind products and networks boosting their small businesses success.

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