Paul Pate: Record number of businesses starting in Iowa
Wednesday, September 12, 2018
Iowa has a strong history of robust public-private partnerships that work collaboratively to help businesses grow and create economic opportunity for Iowans. Small business is the backbone of our economy, and my office is the starting point for entrepreneurs to make their dreams come to life.
Iowans have set records for new business filings each of the past three years, with an all-time high of 23,649 new businesses registered in fiscal year 2018.
Now, it’s even easier to create a new business in Iowa, after my office implemented Fast Track Filing in June. Since the system’s launch, the average time it takes to process a new business filing is less than five minutes. We are committed to offering service at the speed of business, not the speed of government.