Kemin Industries CEO Chris Nelson signs an agreement renewal in 2017 with Ertharin Cousin, then-executive director of the World Food Programme. Photo provided Starting around 4 a.m. on Oct. 9, Kemin Industries colleagues in Asia began pinging president and CEO Chris Nelson’s cell phone with the news: the United Nations World Food Programme, a Kemin […]
A new system under development by Collins Aerospace will help U.S. Navy and Marine Corps aircrews transition from analog to cutting-edge digital vision systems that increase flight safety and mission effectiveness, the Corridor Business Journal reports. Work on the Enhanced Visual Acuity system is taking place at Collins Aerospace facilities in Iowa, California and Massachusetts.
At the morning keynote on June 4, NewBoCo Executive Director Eric Engelmann sat down at his computer with a plastic toy hand-clapper and gave it a good shake. The session’s “pre-standing ovation,” an EntreFEST tradition, would go on as planned — even over Zoom, with a sea of audience microphones muted. Keeping conference attendees engaged […]
The Ames Seed Capital Meeting and Luncheon will be held Tuesday, Nov. 10 from 9 a.m. to 3:30 p.m. at the Gateway Hotel and Conference Center, Ames. More information and updates on the event are available online.
The Iowa Economic Development Board awarded an $100,000 loan from the Demonstration Fund to INSEER Inc., an Iowa City startup which develops software to prevent, predict and mitigate workplace injuries using computer vision and deep machine learning. The loan will go toward intellectual property development and evaluation, product refinement, key personnel and equipment, the IEDA […]
The Iowa Innovation Challenge awarded $81,000 to 65 businesses launched by University of Iowa faculty, staff, students and incubator startups during the inaugural elevator pitch competition, UI announced this week. The Iowa Innovation Challenge is a new partnership between the John Pappajohn Entrepreneurial Center (Iowa JPEC), the Office of the Vice President for Research, the […]
Iowa State University has applied to the U.S. Department of Energy to lead a new cybersecurity center in what could be an $86.7 million national effort with other unnamed universities and other partners. The Iowa Economic Development Authority approved a $1.2 million grant for the Cybersecurity Research Institute for Manufacturing — should ISU be chosen […]
Per Mar Security Services, parent company of Midwest Alarm Services, has acquired NECO Security based in Lincoln, Neb. Terms of the transaction were not disclosed. NECO Security was founded by Don Nielsen in 1957, and specializes in residential and commercial burglar and fire alarm systems in the Lincoln area. “The Nielsen family has built a […]
DHI Group Inc. announced that it has sold its hospitality business, Hcareers, to Virgil Holdings Inc. for approximately $16.5 million in cash. The transaction closed on May 23. DHI will use the proceeds in accordance with its stated capital allocation strategy, including the reduction of the balance on its revolving credit facility, support of strategic […]
When I meet with founders and startup supporters across Des Moines, everyone has a similar vision for their company: scale, then scale and scale. On a popcorn-fueled blog-binge Friday night, my favorite non-tech blog A Beautiful Mess introduced me to the business concept of reverse scaling. Although I don’t subscribe to the Oui Fresh Beauty […]