Indianapolis biz leader picked to lead new state Office of Entrepreneurship and Innovation

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  1. Schutt’s experience as an entrepreneur in Indianapolis is very different from the local main street “entrepreneurs” in rural Indiana. Exactly what are the benchmarks by which Schutt and Office of Entrepreneurship and Innovation will be judged? Did the legislature, in creating this new entity, define the four corners of its mission, and provide any sense of what is expected? Or is Braun (owner of a large sized business) and Indiana Secretary of Commerce David Adams going to set the goals? Will the focus be on the 118,334 businesses that have employees as well as the 473,337 mom-and-pop businesses that have no employees? What criteria will be used to award assistance to a business? And how much funding is the state devoting to this effort? Taxpayers need to know the answers to these questions.

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