IEDA board approves assistance for 6 AI, med tech and ag tech startups

The Iowa Economic Development Authority board approved assistance for six startups located in Ames, Ankeny, Boone and Des Moines at its meeting on Jan. 16.  Ames-based agtech company Hermes Biomaterials develops tools that help researchers create stronger, higher-yielding crops. Its FGB device enables the precise delivery of genetic material into…

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IEDA awards 3 Entrepreneurial Investment Award grants 

The Iowa Economic Development Authority Board on Dec. 19 approved grants to three organizations through the Entrepreneurial Investment Award program, which provides financial assistance to Iowa-based organizations that directly help entrepreneurs and early-stage startups create, locate or expand a business in Iowa. Those grants were awarded to: Award recommendations for…

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IEDA approves startup loans in Coralville and Iowa City 

The Iowa Economic Development Authority board last week approved assistance for several projects throughout the state, including two innovation companies located in Coralville and Iowa City. IEDA awarded two startups with loans. Coralville’s Pani Clean, Inc. is focused on removing nitrates at the source, converting them to useful products and…

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Funding recap: Q2 2025: IEDA awards $200,000 in loans to four Iowa startups

The Iowa Economic Development Authority awards funding to startups in the form of low-interest loans through its Innovation Continuum, which includes five funds that are designed to offer companies non-dilutive funding at every stage of business growth. The funds are: Proof of Commercial Relevance (POCR), Demonstration Fund and the Innovation Acceleration…

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IEDA Board approves assistance for four startups

The Iowa Economic Development Authority board on May 15 approved assistance for four startups in Ankeny, Eldora, Indianola and Iowa City. Ankeny-based Koos Medical Innovations, LLC patented a disposable isolation gown that ensures a custom fit for every patient to reduce the risk of health care-associated infections. The design intends…

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