Small and medium sized businesses are the backbone of our economy. According to the Government of Canada, in 2018, 97.9 percent (1.18 million) businesses were small and medium-sized businesses (SMBs). With COVID-19 impacting organizations across the globe, around 14 percent of SMBs face collapse and closure. As some businesses prepare to reopen while others remain completely remote, SMBs face unprecedented challenges. Decreasing this risk is critical for the functioning of the economy.
As part of our mission to empower every individual and organization on the planet to achieve more, Microsoft wants to help Canada’s SMBs digitally transform their operations to enable their recovery and better navigate an unknown realm. The Canadian workplace environment keeps evolving and we must ensure that SMBs stand well-equipped to thrive in these challenging situations.
Microsoft is doing everything we can to keep SMB employees productive and connected, now and forever. We strive to support them with the right tools, so they feel empowered to hire more talent and achieve more. We make significant investments in proper technical training to help them with the transition. And we show our support by spreading the word about Canada’s amazing startups and technology-driven companies. Which brings us to the Great Canadian Innovators yearbook!