Dear friends -
Indiana businesses have created more than 156,800 new jobs since January 2013, and it's clear that Hoosier entrepreneurs and small businesses are playing a key role in this growth:
- Small businesses - those that employ 500 or less - make up 99.7% of U.S. employers. [tweet this]
- Indiana is home to 143,060 small businesses that support more than 2 million jobs. [tweet this]
- 72,508 startups have launched in Indiana since 2011. [tweet this]
Over the next 10 years, we will invest $1 billion to advance innovation and entrepreneurship in Indiana to support long-term economic growth, job creation and talent attraction. Governor Pence and Lt. Governor Holcomb set forth a clear vision to ensure that Indiana plays a leading role in solving 21st century challenges and to do so, we must expand opportunities for small businesses in Indiana.
Through this initiative, we have aligned our economic development efforts at the state level and are excited to welcome the Indiana Small Business Development Center (ISBDC) and the Indiana Procurement Technical Assistance Center (PTAC) programs to the IEDC. Last year, these programs helped Hoosier firms secure more than $9 million in contracts and generate $112.4 million in capital to support their growing operations.
As a one-stop-shop for economic development and job creation, we stand ready to support innovators, investors, partners, job creators and entrepreneurs at all stages of growth and development. Indiana's third century is ours to shape, and together we will ensure that the Hoosier state is the best place to start a business, grow a business and get a job.
Indiana Secretary of Commerce
Indiana Economic Development Corporation