Designating May 2023 As "small Business Month" In The State Of Delaware.
The resolution underscores the crucial role of small businesses in Delaware, emphasizing that they are instrumental to the state's economic health. Small businesses, especially in sectors like restaurants and retail, employ nearly half of Delaware's workforce, with an estimated contribution of $13.8 billion in wages in the previous fiscal year. By designating May as Small Business Month, the resolution seeks to encourage shopping locally, thereby keeping money circulating within the community and supporting the growth and sustainability of these essential economic entities.
SCR51 is a Senate Concurrent Resolution designating May 2023 as 'Small Business Month' in the State of Delaware. The resolution highlights the significant contributions that small businesses make to the state’s economy and workforce. It recognizes that Delaware is home to over 27,000 small businesses, which comprise 98% of all businesses in the state and generate substantial employment and wages for its residents. The intention behind this resolution is to promote awareness and support of small businesses within the local community during this designated month.
The sentiment surrounding SCR51 is predominantly positive. Legislators and supporters frame this initiative as an important recognition of small businesses' value to the state's economy. There exists a strong consensus on the significance of local businesses and their impact on community stability and economic vibrancy. Celebrating Small Business Month is seen as an opportunity to strengthen community ties and foster support for local enterprises.
While SCR51 enjoys broad support, notable points of contention might arise around the varying definitions and classifications of small businesses and how support measures can be effectively implemented. Discussions may focus on the sufficiency of the resources available through local programs and the expectation that communities mobilize support, which can differ based on local priorities and available infrastructure. Nonetheless, the resolution represents a unified effort to acknowledge and reinforce the contributions of small businesses, aligning community and legislative interests.