Colorado Small Businesses: Five Fast Facts
March 13, 2024
Delaney Sexton
Contributing Editor
Colorado Small Businesses: Five Fast Facts
- More than 30,000 new small businesses opened from March 2021 to March 2022.
- Over 360,000 new jobs were created by small businesses during that same period.
- In 2021, $2.2 billion in loans were issued to businesses with revenues of $1 million or less.
- Colorado’s largest small business industry is Professional, Scientific, and Technical Services, making up 17% of Colorado’s small businesses.
- 87.8% of all Colorado exporters were small businesses.
Source:
SBA Office of Advocacy 2023 Colorado Small Business Profile