DES MOINES, Iowa – Secretary of State Paul Pate announced on Monday that Iowans set a record for most new business filings in a single month, for the second month in a row. During May 2019 the Secretary of State’s Business Services Division processed 2,512 new business ventures. The previous high, set in April, was 2,326. 

“This is a very positive economic indicator for Iowa,” Pate said. “It shows entrepreneurs have income available and they are investing it in business ventures. That hopefully translates into even more jobs in a state with one of the lowest unemployment rates in the nation.” 

Iowa is also on pace to shatter the record for new business filings in a year, for the fourth consecutive fiscal year.

“We have seen a flurry of activity in our office,” Pate added. “My Business Services Division handled more than 25,000 calls in the first five months of this year, and we’re processing new business filings faster than ever before.”

The implementation of Fast Track Filing by Secretary Pate in 2018 allows new businesses to register with the state within a few minutes.

Prior to this year, the one-month record for most new businesses created in a single month was 2,204, set in March of 2018.

You May Also Like

Tom Harkin Spearheading Effort for Another Failed Stimulus

Des Moines, IA – Iowa GOP Chairman Matt Strawn railed against Senator…

Iowa Libertarian Gubernatorial Candidates File for First Primary

In the 2018 Iowa Gubernatorial race, Marco Battaglia and Jake Porter have each filed their paperwork to appear on the June Primary ballot, the Libertarian Party of Iowa’s first as a major party.

Romney, Palin, Huckabee, and Gingrich Endorsements May Redound Unexpectedly

An endorsement resembles a recommendation: This guy is a lot like me.…

Ashley Hinson Launches Third TV Ad in Iowa’s 1st Congressional District Race

Ashley Hinson, the Republican nominee for Congress in Iowa’s 1st Congressional District, released her third television ad titled “Games.”