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TENWEST Streetfest and Startup Tucson Creates a Place for Entrepreneurs To Learn and Grow

NORTHAMPTON, MA / ACCESSWIRE / November 20, 2023 / GoDaddy

GoDaddy’s Sr. Director of Venture Forward, Alexandra Rosen, kicked off Innovation Day at TENWEST this year with a presentation on the power of entrepreneurship, including the growth, journey and impact of the local microbusiness owner in Tucson and surrounding Arizona. Her presentation “The Macro Impact of Microbusinesses: How Digital Entrepreneurs Power Our Local Economies” covered these businesses’ vast importance and how they can better be supported.

Tucson Microbusiness Fast Facts

  • There are over 50,000 microbusinesses open in Tucson.

  • Tuscon averages 7+ microbusinesses per every 100 adults.

  • There are over 630,000 online microbusinesses across Arizona.

  • Top 3 challenges for microbusiness entrepreneurs? Marketing online, accessing capital, and creating a website.

  • About half of all micro businesses are owned by women – and this number is growing.

  • For each additional microbusiness per 100 people in a county, $489 is added to annual household median income.

  • Each microbusiness entrepreneur creates about 7 new jobs (directly, indirectly, or through more local spending).

Learn more about micro-businesses and their impact in Tucson here: GoDaddy Venture Forward

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