Iowa breaks record for new business filings for fourth consecutive year
Paul Pate
DES MOINES – Secretary of State Paul Pate announces Iowans set a record for most new business filings in a single year, for the fourth year in a row. During Fiscal Year 2019, which concluded on June 30, 24,720 new businesses filed with the Secretary of State’s Office. That is a 4.5% increase from last year’s record high of 23,649.
“I’m really excited about Iowa breaking another record for new business startups this year,” Secretary Pate said. “Small businesses are the backbone of our economy, providing jobs and helping communities grow.”
The implementation of Fast Track Filing by Secretary Pate in 2018 allows new businesses to register with the state in just a few minutes. The process previously took as long as three weeks.
A graphic detailing the growth and types of new business filings over the past decade is available for your use by clicking here.
A list of active business entities in the State of Iowa is available at this link.
Anonymous Report comment
July 17, 2019 at 9:05 am
And how many businesses closed, filed bankruptcy, downsized or moved out of the county during this same time period??
Anonymous Report comment
July 16, 2019 at 2:13 pm
how many will still be open when the minimum wage is raised to $15.
Anonymous Report comment
July 16, 2019 at 6:50 am
What do you know. It sure looks like our governor doing a great job in spite of the Democrats.
Anonymous Report comment
July 17, 2019 at 11:55 am
Iowa is near dead-last in the country in economic growth. Our Governor (and the previous one) were disastrous for economic growth in this state.