U.S. Small Business Administration marks National Small Business Week at White House summit
National Small Business Week begins with a White House event that brings together more than 100 business owners from across the country. The annual observance runs from May 3 to May 9 and comes as the U.S. Small Business Administration expands its recognition program with awards, a virtual summit, and a multistate roadshow.
Highlights
- Administrator Kelly Loeffler and President Donald J. Trump opened National Small Business Week 2026 at the White House, spotlighting the impact of 36 million U.S. small businesses.
- Small businesses represent 99% of all U.S. businesses, generate about half of GDP, and create two out of every three new jobs, according to the SBA.
- SBA awarded Mark Lamoncha of Humtown Products as National Small Business Owner of the Year and will host nationwide events including a free virtual summit and state award ceremonies.
White House event opens weeklong program
As reported by the U.S. Small Business Administration, Administrator Kelly Loeffler joins President Donald J. Trump at a Small Business Summit at the White House to recognize National Small Business Week 2026. The event highlights the role of small firms across sectors including manufacturing, construction, retail, and restaurants, with attendees presenting products and meeting with the president.Loeffler says the administration's policy agenda is strengthening conditions for small companies to hire, reinvest, and expand. The SBA says the U.S. has 36 million small businesses, which account for 99% of all businesses, create two out of every three new jobs, and generate about half of U.S. GDP.
Awards and state tour broaden outreach
The SBA begins its National Small Business Week recognition with a National Awards Ceremony in Washington, D.C., where it honors state and territory small business owners of the year. The agency also names Mark Lamoncha, president and chief executive of Humtown Products in Columbiana, Ohio, as its National Small Business Owner of the Year, and he is among the awardees recognized at the White House event.The program continues through the week with a free virtual summit and in-person events nationwide. Starting Tuesday, Loeffler is scheduled to travel to Michigan, Pennsylvania, Ohio, North Carolina, and Georgia for state award ceremonies and visits with small businesses.
In our earlier article on National Small Business Week, we explained that the annual SBA-sponsored observance highlights the contributions of entrepreneurs and Main Street businesses to the U.S. economy. We also noted that lawmakers used the week to underscore small firms’ role in growth and opportunity creation, with attention to how tax policy is framed as supporting expansion and rising paychecks.
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