The more than 690,000 small businesses that operate in Colorado remain resilient despite the challenges of the last two years. Our state continues to see significant small business growth, largely due to business-friendly policies that contribute to building a prosperous and equitable economy. The contributions small businesses make to our state’s economy promise to grow even stronger as a result of the recently passed Inflation Reduction Act (IRA). The Act will lower healthcare and energy costs for small businesses, build community wealth, and level the playing field between small businesses and very large corporations.