As originally published by GoDaddy’s Venture Forward Research Initiative
The first of its kind Microbusiness Summit took place on Saturday, February 24, 2024, at Las Vegas City Hall.
GoDaddy Venture Forward research, an initiative launched in 2018 that quantifies the impact 20+ million online microbusinesses have on their local economies, identified Las Vegas as having the second-highest number of microbusinesses in the country after New York City and three times the national average.
GoDaddy President of U.S. Independents, Gourav Pani delivers the keynote address to attendees at the Las Vegas Microbusiness Summit on 2/24/2024. Credit: Justin Nealey
Inspired by the massive presence and growth of businesses with fewer than 10 employees (known as microbusinesses) found in Southern Nevada, GoDaddy, the City of Las Vegas, Workforce Connections and Bank of Nevada collaborated to design an impactful agenda based on the top three challenges facing Las Vegas entrepreneurs according to local Venture Forward surveys.
Featured speakers included GoDaddy President of U.S. Independents, Gourav Pani; GoDaddy Sr. Director of Marketing, Amy Jennette, who presented a cutting-edge GoDaddy Airo™ demonstration; multiple Las Vegas city council members; a Nevada state senator; experts in finance and business licensing; and several local entrepreneurs. The event was hosted by motivational speaker Desirae King.
GoDaddy team members Geoffrey Brown and Felicia Green pose while staffing a GoDaddy information booth at the Las Vegas Microbusiness Summit on 2/24/2024. Credit: Justin Nealey.
GoDaddy Venture Forward’s mission is to leverage data to better understand entrepreneurs and their impact, thereby enabling greater support for them.
Learn more about the event from GoDaddy President of U.S. Independents Gourav Pani in a podcast hosted by Workforce Connections.
Elected officials along with representatives from GoDaddy, City of Las Vegas, Workforce Connections and Bank of Nevada pose as a group alongside event host Desirae King at the Las Vegas Microbusiness Summit on 2/24/2024. Credit: Kristy Nicholas
About GoDaddy Venture Forward
GoDaddy’s Venture Forward research initiative analyzes more than 20 million online businesses with a digital presence (measured by a unique domain and an active website). Most of these businesses employ fewer than ten people, categorizing each as a microbusiness. While these microbusinesses may be small, their impact on economies is outsized even though they are often too informal or too new to show up in traditional government statistics.
Since 2018, Venture Forward surveyed more than 36,000 small business owners with a digital presence, making it the source for microbusiness data and insights.
