The Iowa Economic Development Authority (IEDA) has awarded funding to four Iowa startups. In total, $350,000 was awarded to the startups. Here are the startups that received funding.
AxisU
With a focus on apprenticeship opportunities, AxisU of Ankeny connects pre-qualified candidates to local trades-based employers. The platform also provides ongoing apprenticeship training that, when combined with on-the-job training, is recognized with a certificate from the U.S. Department of Labor.
The company was awarded a $100,000 Demonstration Fund loan for product refinement, market planning and entry activities, and key personnel.
Enceinte Health
Ankeny-based Enceinte Health Inc. developed a smart commode to understand an individual’s health and wellness behavior within their home. The monitoring technology offers a more efficient and effective method of identifying potential health issues or preventative care opportunities.
The company was awarded a $100,000 Demonstration Fund loan for proof of concept work, product refinement, market planning and entry activities, key personnel and equipment.
MetaFuel
MetaFuel, based in Des Moines, created a system to help truck fleets manage fuel tax compliance. The technology provides assurance through data visibility and unlimited cloud storage for fuel records and seamless integration with a truck’s existing telematics hardware.
The company was awarded a $50,000 Proof of Commercial Relevance loan for product refinement and market planning and entry activities.
Shaka Culture
Headquartered in Hiawatha, Shaka Culture provides software that addresses team morale in remote or hybrid work environments. A subscription offers companies access to virtual culture programs with the goal of improving employee retention and recruiting costs.
The company was awarded a $100,000 Demonstration Fund loan for market planning and entry activities and key personnel.