Celebrating Indiana’s small businesses

Celebrating Indiana’s small businesses

Friday, May 10, 2019

Gov. Eric Holcomb recently proclaimed this week, May 5-11, Small Business Week in Indiana to celebrate the more than 508,000 small businesses in our state and the important role they play in our economy, employing 1.2 million Hoosiers.

National Small Business Week, sponsored by the U.S. Small Business Administration, has been celebrated since 1963 and aims to highlight the contributions of entrepreneurs and small-business owners in the United States.

As part of this effort, throughout the week, the Indiana Economic Development Corporation is promoting resources available for Hoosier small-business owners like the Indiana Small Business Development Center (ISBDC).

Through its network of 10 regional offices, the ISBDC offers a one-stop shop for Hoosier entrepreneurs looking to start and grow a business by providing free, expert business guidance and resources.

In 2018, the ISBDC assisted in 318 new business starts, nearly $98 million of capital infusion, and in the creation of 1,265 new Hoosier jobs.

Another resource available to small businesses is the Indiana Procurement Technical Assistance Center (PTAC).

Working hand in hand with state and federal partners, the PTAC helps Hoosier businesses identify opportunities as well as compete for and win government contracts.

This year alone, PTAC counselors registered 328 new clients and helped secure more than $86 million in contracts, allowing businesses to grow and creating 289 new Hoosier jobs.

For more information about Indiana PTAC, click here.

To learn more about National Small Business Week, click here.