Two startups receive funding from IEDA

The Iowa Economic Development Authority (IEDA) Board approved innovation funding in support of two startups located in Urbandale and Clive.

Inflexion Point Technologies (IPT)

An innovative idea to optimize current and future seed treatments to the maximum extent possible led to the founding of Urbandale-based Inflexion Point Technologies (IPT). The Prescriptive On-Planter Seed Treatment system can either be integrated into the manufacture of a new planter or added on as a kit to existing planters. It optimizes seed treatment applications using a software and mechanical system that apply the appropriate level of seed treatment just as the seed exits the seed tube without excessive wastage.

IPT was awarded a $25,000 Proof of Commercial Relevance (POCR) loan for intellectual property development and evaluation.

Stagerie

Staging occupied homes has become a necessity to keep homes from sitting on the market longer or selling for a lower price. Stagerie in Clive brings real estate agents, homeowners and stagers together in a single portal. Agents and homeowners can easily submit photos of a home online and receive a personalized and professional staging consultation by email within a few days.

Stagerie was awarded a $25,000 POCR loan for market analysis, product refinement and market entry activities.