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Indiana Adds More Resources to Support Success of Hoosier Entrepreneurs, Small Businesses

Indiana for the Bold

The Indiana Economic Development Corporation (IEDC) announced today it is making even more resources available to entrepreneurs and small businesses, bolstering the continued growth of the state’s innovation and entrepreneurial ecosystem. Hoosier entrepreneurs, small businesses and investment funds are encouraged to learn more about opportunities to apply for and secure funding to support their growth at the U.S. Small Business Administration’s (SBA) Seed Fund Road Tour, through the state’s new technical assistance program and the state’s expanded Venture Capital Investment (VCI) tax credit program.

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Update on the Fair Labor Standards Act (FLSA)

U.S. Department of Labor

On April 23, 2024, the U.S. Department of Labor (USDOL) announced a final rule, Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees, which took effect on July 1, 2024.

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