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California has the largest number of small businesses in accounting for 12% of all small businesses in the US. California's GDP was $2.2 trillion In 2013 as compared to U.S. total GDP of $16.7 trillion. If California were a country, it would have the 8th largest economy in the world. California has a labour force of almost 19 million people. The state of California can be divided into nine major economic regions Northern California, Northern Sacramento Valley, Greater Sacramento, Bay Area, Central Coast, San Joaquin Valley, Central Sierra, Southern California, and Southern Border.

The top three industries for small business in California are Real Estate and Rental and Leasing, Health Care and Social Assistance, and Professional, Scientific and Technical Services. California is a global leader in Science and Technology based on R&D spending, number of patents issued and venture capital investment.


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