Sec. 1. (a) The corporation shall do the following to carry out this chapter: (1) Contribute to the strengthening of the economy of Indiana by encouraging the organization and development of new business enterprises, including technologically oriented enterprises. (2) Approve and administer loans from the small business development fund established by IC 5-28-18. (3) Conduct […]
Sec. 2. Debts incurred by the small business development corporation under authority of IC 4-3-12 (before its repeal) do not represent or constitute a debt of the state within the meaning of the Constitution of the State of Indiana or Indiana statutes. The corporation may not incur debt under this chapter. However, the corporation shall […]
Sec. 3. If the corporation maintains a small business division described in IC 5-28-5-6.5, the corporation shall provide free access to the office’s services through: (1) a toll free telephone number; and (2) an Internet web page maintained on the corporation’s web site. As added by P.L.56-2009, SEC.4. Amended by P.L.145-2016, SEC.20.
Sec. 4. This chapter may not be construed to limit the corporation’s ability to carry out its responsibilities under this chapter with respect to a business that: (1) the corporation considers to be a small business; and (2) does not meet the definition of a small business set forth in IC 5-28-2-6. As added by […]
As added by P.L.110-2010, SEC.11. Repealed by P.L.187-2014, SEC.14.
Sec. 6. The corporation shall act as the small business ombudsman. The small business ombudsman shall carry out the following duties: (1) Work with state agencies to permit increased enforcement flexibility and the ability to grant common sense exemptions for first time offenders of state rules and policies, including, notwithstanding any other law, policies for […]
