TLDR:
Indiana is providing more resources for entrepreneurs and small businesses to support growth, including the U.S. Small Business Administration’s Seed Fund Road Tour, a technical assistance program, and an expanded Venture Capital Investment tax credit program.
Summary:
The Indiana Economic Development Corporation (IEDC) has announced additional resources for entrepreneurs and small businesses in the state. These resources aim to enhance the growth of Indiana’s innovation and entrepreneurial ecosystem.
- Secretary of Commerce David Rosenberg highlights Indiana as a top destination for business and emphasizes the availability of funding opportunities and no-cost resources for entrepreneurs.
- Resources include the U.S. SBA’s Seed Fund Road Tour, a technical assistance program through the State Small Business Credit Initiative (SSBCI), and an expanded Venture Capital Investment (VCI) tax credit program.
Entrepreneurs and small businesses in Indiana can benefit from these programs by accessing funding, technical support, and tax incentives to foster growth and success. The state is committed to providing comprehensive financing and services to support businesses at various stages, from ideation to scaling.
The U.S. SBA’s Seed Fund Road Tour offers opportunities for innovators and entrepreneurs to connect with non-dilutive technology funding options. Indiana’s technical assistance program assists businesses in accessing capital and managing funds effectively. Additionally, the VCI tax credit program incentivizes investors to support startups and fast-growing companies, contributing to Indiana’s entrepreneurial ecosystem’s vitality.
Overall, Indiana’s efforts aim to facilitate a robust environment for entrepreneurs and small businesses to thrive and succeed, positioning the state as a favorable location for business innovation and growth.
