Intuit Supports Entrepreneurs by Committing $37 Million

Based in Mountain View, California, Intuit announced on April 20, 2011, that it has committed $37 million in capital to support entrepreneurs as their part of participation of the Startup America Partnership Program.

Intuit is a financial institution which specifically caters to small businesses. Intuit brings about several different services and products that help small entrepreneurs. One of the programs that Intuit provides small businesses is software which help business owners manage their finances and file their taxes. One of the programs that Intuit provides is the Personal Finance Software solution. The Personal Finance Software works together with the financial software, Quicken, known for its tax prep software. This package includes programs which can allow you to keep track of where you are spending your money, see all your account in one convenient place, and set a budget which you can stick to. As the creator of Quicken, Intuit has many other great financial solutions for both your personal and business finances.

Intuit also provides some great internet marketing services which allow for businesses to attract more customers online. Intuit advertises on its website a service that makes it so easy for business owners to design a professional website which has everything a business website needs. The system allows business owners to simply drag and drop items on a website template and have it hosted online at a modest fee. Intuit also provides a large variety of different templates which small business owners can choose from. This allows the individual business owner to choose a motif that fits their business or products he is manufacturing or marketing.

Intuit also provides services that allow businesses to easily manage and pay taxes as well as run payroll. With this attachment for QuickBooks, you can easily manage payroll and know when entrepreneurs need to pay their employees.

This partnership was announced by Intuit and other prominent Silicon Valley business services and financial institutions to help entrepreneurs survive these tough economic times.

According to the executive vice-president and general manager of Intuit, Kiran Patel, small businesses are crucial for the nation’s economic recovery. Most of the jobs that many people depend on are provided by small businesses or corporations that hire 200 to 300 people within the region. Mr. Patel further stated that he is very pleased that Intuit is able to celebrate and help small entrepreneurs get started and get their businesses to take off.

One tidbit of fact, entrepreneurs have had a positive affect on the US economy by providing jobs. When commerce gets the funding it needs, everyone wins.