As originally published by GoDaddy’s Venture Forward research initiative

Victor Hwang 
Founder & CEO: Right to Start 
Entrepreneur, Author, Investor, Economic Growth

What have you seen change about the interest in small and microbusinesses? 

• "Supporting small businesses and microbusinesses is increasingly a topic of 
  public importance. States are creating Offices of Entrepreneurship or designating a key official to lead entrepreneurship statewide, as advocated by Right to Start. Nevada began the trend in the summer of 2023. New Mexico, Kansas, Michigan, and Missouri extended the trend since then. From what we see nationwide, that trend will only continue to grow."

Irene Bustamante Adams 
Deputy Director & Chief Strategy Officer: Workforce Connections 
Southern Nevada's Local Workforce Development Board

How has data about microbusinesses affected your work and/or perspective?

• "The data regarding the number of microbusinesses operating in the Las Vegas 
  Valley was eye-opening. With help from GoDaddy and other partners, we created a well-attended Microbusiness Summit at Las Vegas City Hal. The event helped connect 
  local entrepreneurs to information about how to license, market, and finance their businesses - areas that were identified through the research as common entrepreneurial challenges in our region."

Alan Spell 
Assitant Extension Professor 
University of Missouri

Why is it important to shine a spotlight on the impact of microbusinesses? 

• "Microbusinesses were flying under the radar until this data came along. By reaching customers far and wide, online businesses bring new money into the community, benefiting everyone as they grow. Anyone interested in their town's economic future 
  should know what's happening in this space."

Download the full report.

GoDaddy Venture Forward 2024 Annual Report | U.S. Edition

This report is powered by the latest data from Venture Forward, GoDaddy's research initiative to quantify the presence and impact of over 20 million global online microbusinesses on their local economies, while shining a light on the entrepreneurs behind them.

We’re here to support entrepreneurs.

Contact GoDaddy Venture Forward at VentureForward@GoDaddy.com

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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