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Intuit Expands IDEAS Program to Help Small Businesses

Intuit (NASDAQ: INTU) has announced the expansion of its Invest, Develop, Empower, Accelerate and Scale (IDEAS) Program in partnership with the Los Angeles Urban League. Originally launched as a pilot in Los Angeles, the program will now support 100 small business owners. Applications for this program are now open in Atlanta, Los Angeles and Philadelphia. In its inaugural year, participants of the Intuit IDEAS Program experienced an average revenue growth of 23% and saved 16.5 hours per month due to efficiencies enabled by INTU's financial technology platform, which leverages data and AI as part of its core strategy. Additionally, participants benefited from guidance provided by Intuit's experts and business coaching from the Los Angeles Urban League. Selected small business entrepreneurs participating in the program will receive extensive support, including email marketing, executive coaching, business consulting, business compliance, bookkeeping, tax preparation and more. The program aims to enhance business operations, efficiency, profitability and capital readiness by providing access to Intuit's comprehensive suite of products and services, along with a $5,000 grant upon program completion to assist in scaling their businesses. Intuit Inc. Price and Consensus Intuit Inc. price-consensus-chart ...