It’s National Small Business Week and Border Bank would like to salute all small businesses, especially those who are located within the communities Border Bank serves.
Small businesses are the lifeblood of the United States economy, creating two-thirds of net new jobs and driving U.S. innovation and competitiveness. In a new report conducted by the Small Business Administration, small businesses account for 44% of the U.S. economic activity. That’s remarkable!
Prior to joining Border Bank, I worked 20 years for a Chamber of Commerce, which provided me the opportunity to work closely with small business owners who collectively employed hundreds of people, contributed thousands of dollars in property taxes and made countless donations to non-profit organizations, events and causes. A small slice of that experience is one that I wish every high school or college student would be required to have as part of their economics and civics curriculum. I have immense respect for those who have personally invested their entire lives into building small businesses that help strengthen our communities; and they deserve our appreciation and patronage every day.
Our small businesses are also valuable partners to the large businesses in our communities, like major manufacturers and distributors, which are significantly important pieces to a community’s economic development puzzle and are often the conduit to small business creation.
Border Bank is proud to serve and partner with hundreds of small businesses throughout Northern Minnesota, and the areas around Fargo, Moorhead and Coon Rapids. We express our sincere appreciation to our small business owners for investing in their communities through creating jobs, innovating and exemplifying community development. Happy Small Business Week!
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