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Milken Institute and GoDaddy Analyze Relationship Between High-Tech Growth and Small Business Presence in Local Economies
July 14, 2021 GMT
LOS ANGELES, Calif.--(BUSINESS WIRE)--Jul 14, 2021--
Microbusinesses with an online presence are critical contributors to economic growth and recovery efforts, according to findings from the Milken Institute, published in collaboration with GoDaddy’s Venture Forward Initiative, a multiyear research effort to quantify the impact online microbusinesses have on their local economies. In a new paper, the authors recommend that these businesses, which have 10 or fewer employees, assume a more prominent position in local policy discussions as metro areas recover from the COVID-19 pandemic.