The Iowa Economic Development Authority (IEDA) has approved innovation funding in support of three Iowa startups. In total, $250,000 was awarded. Here are the startups that received funding.
Tech startup Cavergence in Cedar Rapids develops software for construction project management. The technology has the potential to save money, increase productivity and ensure on-time delivery.
The company was awarded a $50,000 Proof of Commercial Relevance (POCR) loan for market and customer analysis, product refinement, market planning and entry activities and equipment.
Above Par Tech of Iowa
Clive-based Above Par Tech of Iowa manufactures custom GPS sprayers for golf courses. The technology commonly used within the agriculture market is adapted for use on turf sprayers, allowing golf courses to decrease chemical usage and improve operator efficiency.
The company was awarded a $100,000 Demonstration Fund loan for market and competitive analysis, proof of concept work, product refinement, market planning and entry activities, key personnel and equipment and construction.
Classroom Clinic, a school-based telehealth company in Carroll, provides school districts with timely and convenient access to children’s mental health services. The “team-based care” model allows service providers and school staff to connect, communicate and collaborate using technology.
The company was awarded a $100,000 Demonstration Fund loan for market planning and entry activities and key personnel.