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Saturday 16.12.2017 | Name days: Alvīne
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Today – Small Business Day

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From now on, entrepreneurs intend to celebrate the third Saturday of November as the Small Business Day. This year’s celebration falls on November 24.

Latvia is a good example of business activity – no other European country has this many newly registered companies and eager businessmen. In order to motivate business activity, creativeness and responsibility in people, a new initiative was organized – “Support small business!” This initiative encourages making one day of the year a day of offers of micro and small business, while large companies are invited to celebrate good cooperation and offer great cooperation conditions to their smaller suppliers, informs of the organizers of the initiative Kristaps Banga.

On Saturday, November 24, authors of the initiatives will begin working on the next Small Business Day’s events, so that Latvia would have a really big day of events with more people attending them. “We believe we will succeed in motivating both entrepreneurs and consumers with this idea. Our goal is to create something similar to our Museum Night – people mobilize for one day and express support to small businessmen,” – says Banga.

Authors of the initiative, together with their partners want to direct society’s attention towards the importance of the small business sector and affect consumers’ choice of micro and small business products and services. Every year, it will be possible for the public to learn more about small companies located close to their homes, about their goods and services.

Small companies will be able to share experience with each other, gain contacts and increase their range of partners. Large and medium size companies will be able to contact small business representatives, choose the best suitable partners and offer support.

This is a social, non-profit event and everything depends on the sides that want to support the idea of the initiative. At the base of this initiative there is the practice realized by USA – when consumers and large companies are invited to take the time and consider small business. This day increases the recognition of small companies and their turnover, as well as gives large companies a chance to carry out special events for small suppliers.

It should be added that 99% of the structure of Latvia’s national economy is made of micro, small and medium companies.

Ref: 102.109.109.4937


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  1. Aa says:

    That is bullshit.

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  2. J. says:

    Very good initiative!!!

    Thumb up 0 Thumb down 0

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