UI biomanufacturing center awarded a $1 million grant to expand infrastructure Two startups in Des Moines and Coralville were approved for loans at the Iowa Economy Development Authority board’s meeting on Jan. 17, and a University of Iowa biomanufacturing center was awarded a grant of just over $1 million.  Coralville-based Reality Wave uses artificial intelligence technology to […]

The Iowa Economic Development Authority is awarding Rural Innovation Grants, totaling more than $275,000, to 20 Iowa small businesses. The grant program, part of Gov. Kim Reynolds’ Empower Rural Iowa initiative, supports nontraditional ideas that address critical issues faced by communities that have both fewer than 20,000 people and are not located next to a […]

IEDA approved more than $6.4 million in loans to startups in 2024 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 […]

Small business incubator receives CAT grant to renovate, expand The Iowa Economic Development Authority board approved Friday innovation funding for five Iowa startups and a Community Attraction and Tourism (CAT) grant, according to a news release. Ames-based robotics company Invasive Removal is developing tools to combat invasive species in forests and prairies. The company was […]

5 startups receive more than $1.5 million in loans from SSBCI program 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 […]

The Iowa Economic Development Authority Board recently approved awards to five Iowa startups from Iowa’s State Small Business and Credit Initiative Innovation Fund. Awards approved by the IEDA board on Friday were: Genvax Technologies, an animal vaccine company based in Ames, has developed proprietary next-generation RNA and nanoparticle vaccines. Its first product will be a […]

IEDA awards $2.6M to 5 startups, one Entrepreneurial Investment Award grant 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), […]

IEDA also approves five awards to startups A Meta subsidiary’s plan for an $800 million data center project in Davenport will receive a $161 million local property tax exemption through the state’s High Quality Jobs program. The Iowa Economic Development Authority board voted Friday to approve the tax exemption request of 60% over 20 years […]

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 nondilutive funding at every stage of business growth. The funds are: Proof of Commercial Relevance (POCR), Demonstration Fund and the Innovation Acceleration Fund, which offers Launch, Propel […]

The 2024 John Pappajohn Iowa Entrepreneurial Venture Competition application portal is now open. The 19th annual statewide competition will award $100,000 in cash prizes to early-stage Iowa startups and entrepreneurial ventures that intend to scale operations in Iowa. The $100,000 in seed funding includes a $50,000 contribution from the late John Pappajohn, matched by $50,000 from […]