California Governor's Office of Business and Economic Development

11/29/2025 | Press release | Archived content

Governor Newsom celebrates Small Business Saturday, encouraging residents to support their community by shopping local

Governor Newsom celebrates Small Business Saturday, encouraging residents to support their community by shopping local

Nov 29, 2025| Press Release

What you need to know: Small Business Saturday highlights the outsized economic impact of California's nation-leading 4.3 million small businesses, which create two-thirds of net new jobs and anchor the state's innovation ecosystem. By shopping local, Californians help strengthen community economies, preserve neighborhood vibrancy and keep dollars circulating close to home.

SACRAMENTO - This Small Business Saturday, Governor Newsom encourages Californians to shop locally, helping to preserve the unique identity of their neighborhoods and keep more dollars circulating within their communities. Created to support and celebrate the vital role of small businesses in local communities, Small Business Saturday offers an opportunity to uplift neighborhood retailers, restaurants, artisans, and service providers during the holiday season. California's small businesses employ nearly half of the state's workforce and are essential drivers of local job creation, innovation, and economic vitality.

"Small businesses are central to California's economic strength and cultural identity. They're not just storefronts - they're dreams, risks, and livelihoods. When Californians choose to shop local, we're investing in our neighbors, in the character of our communities, and in the economic strength that makes California unique. It's about strengthening the resilience and vibrancy of the places we call home."

- Governor Gavin Newsom

Accounting for more than 99.8% of all businesses in the state, California's small businesses are global leaders in innovation and competitiveness, helping shape the economy that ranks among the largest in the world. Minority-owned businesses serve as a key pillar in this respect, accounting for nearly 60% of these small businesses across the state. In addition, California's small businesses export over $70 billion worth of goods and services annually, making up more than 42% of all California exports.

California remains deeply committed to supporting the4.3 million small businesses that call the Golden State home. Through the California Office of the Small Business Advocate (CalOSBA), part of the Governor's Office of Business and Economic Development, several key programs are improving access to resources needed for business growth, supporting emerging sectors and catalyzing job creation.

One of those efforts, theSCALE (Success, Capital Access, and Leadership for Entrepreneurs) program works to break down barriers that prevent entrepreneurs and small business owners, particularly those from underserved communities, from launching and growing their businesses. The program relies on a network of technical assistance providers and community development financial institutions to provide access to capital, mentorship and the tools needed to succeed in California's business landscape. Since its launch seven years ago, SCALE has helped create more than 84,000 jobs, supported the launch of 13,900 new businesses and helped deploy more than $2.9 billion in lending capital.

CalOSBA also leadsAccelerate CA, designed to support high-growth companies and expand California's pool of founders across sectors ranging from biomanufacturing and sustainable energy to ranching and ag-tech. The program has built a network of 13 hubs across the state and provided seed grants of $25,000 to $100,000 to startups incubated within these hubs, recently surpassing $2 million in investments awarded in 2025.

This week, under its slogan "Supporting Small Strengthens Us All," CalOSBA is celebrating Small Business Saturday by sharing tips and insights from business advisors who are part of the SCALE network, aimed to help small retailers and other businesses maximize the holiday shopping season. Follow along on theirInstagram andLinkedIn accounts to learn more.

This weekend, we encourage all Californians to explore local retailers, participate in community markets, and celebrate the small businesses that bring creativity, diversity, and opportunity to every region of our state.

About GO-Biz
The Governor's Office of Business and Economic Development (GO-Biz) serves as the State of California's leader for job growth and economic development efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more. For more information visit the GO-Biz website.

Willie Rudman
Deputy Director of Communications
Email, HERE

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California Governor's Office of Business and Economic Development published this content on November 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 19, 2025 at 18:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]