#DenverBuyLocal
#DenverBuyLocal is our first directory in this initiative we are calling #BuyLocal. Any local business that operates in Denver is entitled to a complimentary listing in this directory. Premium listings are available for greater exposure.
More #BuyLocal directories will be rolled out to cover all the major population centers in Colorado over the next few months. (Other States/Cities by request!)
Please inform us when you submit your business if you are included in, or eligible for, the Minority Business Directory. Your business is eligible if it is 51%+ owned by minority, women, or veteran business owners. #BuyLocal.
Why #DenverBuyLocal?
In the winter of 2020, the Colorado Small Business Development Center Network created a holiday #ShopLocalColorado campaign to encourage Coloradans to shop at their small businesses for their holiday gifts. The COVID-19 pandemic made the importance of shopping locally more critical than ever.
Small businesses in Colorado employ more than 1.1 million Coloradans or nearly 50% of the Colorado workforce. Supporting small businesses ensures these jobs remain viable.
According to the Small Business Administration, when we shop locally, 70% of our spending stays in the local economy, whereas only 30% remains when shopping non-locally. This means if we spend $100, our communities keep $70. This spending increases local tax revenues, which are used to support schools, police, fire stations, roads, and more. Local businesses also utilize other local businesses such as marketing, accounting, and printing, further impacting the local economy.
In July 2022, the campaign was concluded by the Colorado Small Business Development Center Network, but our team felt that the business community deserved to resurrect the concept due to the ongoing effects of the pandemic and the current economic strains we are all experiencing.
