INBiz helps state collect an additional $40 million this year
INBiz, the state of Indiana’s one-stop business portal, launched in 2016 allowing Hoosier businesses to connect with numerous state government offices on one website. The one-stop concept has helped businesses stay in compliance with state law by putting numerous reporting requirements on one website. This year, the Attorney General’s unclaimed property reporting requirement joined INBiz. As a result, they collected nearly an additional $40 million because more business owners were aware of the filing requirement. INBiz has teamed up with the Indiana Small Business Development Center (SBDC) to provide Hoosier entrepreneurs and small business owners with business development advice as they execute many of their business requirements on the one-stop portal. In partnership with the IEDC, the Indiana SBDC helps Hoosier entrepreneurs looking to start and grow a business by delivering expert guidance and resources like strategy development, market research, business planning, export assistance and valuation. Now, when an entrepreneur calls INBiz looking for business advice, they are directed to the Indiana SBDC.
So far in 2018, the Indiana SBDC has assisted in 310 new business starts and in the creation of 1,240 new jobs. By partnering INBiz and the Indiana SBDC, the goal is to increase this assistance in 2019.
To learn more about how INBiz can serve your business needs, visit www.inbiz.in.gov.
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