Record Number of New Businesses in Iowa

Iowa’s Secretary of State’s Office has announced that Iowa has broken the record for new business filings for the third straight year in a row. According to a news release, there were 21,665 new businesses created in the 2017 fiscal year passing the 20,300 filings in 2016.

Secretary of State Paul Pate shares why he thinks Iowa has been seeing this trend:

Last June Secretary Pate launched a new Fast Track Filing system aimed at hastening the business registration process with an average processing time less than five minutes during regular business hours.