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Last updated on Friday, May 5, 2017
(SPEEDWAY) - Lt. Governor Suzanne Crouch and Linda McMahon, administrator of the U.S. Small Business Administration (SBA), honored multiple Indiana businesses with the Economic Development and Growth Through Entrepreneurship (EDGE) Awards, recognizing each company for its work to help grow Indiana’s economy.
Those businesses include: AB BioTechnologies of Bloomington and Diamond K Sweets of Spencer.
"If you're looking for what's driving Indiana's robust economic growth, look to our state's small businesses and the Hoosiers behind them," said Lt. Governor Suzanne Crouch. "Today there are half a million small business across Indiana, which are developing new ways to innovate and serve their communities. Today's EDGE Award winners exemplify the hard work and determination it takes to launch and grow a business, showcasing the best of the Hoosier entrepreneurial spirit."
The annual EDGE Awards recognize emerging small businesses, which have been in operation for less than one year, and established small businesses, which have been operating for at least one year. Each of the 20 recipients received assistance from the Indiana Small Business Development Center (ISBDC), which supports 10 regional offices across the state and provides entrepreneurs with expert guidance and resources on how to start and grow a business.
These awards are presented as part of the SBA's National Small Business Week, which highlights the important role small businesses play in the nation's economy. According to the SBA, nearly 500,000 small businesses operate across Indiana, and together those companies employ 1.2 million Hoosiers. Small businesses employ 45 percent of the state's private-sector workforce.
The 2017 Emerging EDGE Award recipients are:
The 2017 Established EDGE Award recipients are:
"The business advisers at ISBDC offices across the state are helping Hoosier entrepreneurs pursue their dreams to launch or grow their own small businesses," said Elaine Bedel, president of the Indiana Economic Development Corporation. "Today, 1.2 million Hoosiers go to work for a small business, and many of those companies have received coaching from ISBDC advisers. As Indiana's economy keeps growing, our strong network of small businesses will provide an important foundation to the state's continued success."
About ISBDC
The Indiana Small Business Development Center (ISBDC) is hosted by the Indiana Economic Development Corporation, which leads the state of Indiana's economic development efforts, helping entrepreneurs launch, grow and locate businesses in the state. The ISBDC provides entrepreneurs with expert guidance and resources on how to start and grow a business. With a network of 10 regional offices through the state, the ISBDC creates a positive and measureable impact on the formation, growth and sustainability of Indiana's small businesses
The ISBDC is funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. For more information about the ISBDC, visit www.isbdc.org.
About IEDC
The Indiana Economic Development Corporation (IEDC) leads the state of Indiana's economic development efforts, focusing on helping companies grow in and locate to the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, public infrastructure assistance and talent attraction and retention efforts. For more information about the IEDC, visit www.iedc.in.gov.
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