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…
The Iowa Economic Development Authority (IEDA) has announced financial assistance for three companies in Iowa in the first round of innovation awards funded through the U.S. Department of Treasury’s State Small Business Credit Initiative (SSBCI).
Iowa’s SSBCI program, announced in October 2022, is a $96 million investment in growing Iowa's small businesses, including startups,…
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.
Cavergence
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…
The Iowa Economic Development Authority (IEDA) has approved innovation funding for two Iowa startups located in Coralville and Des Moines.
CartilaGen
Coralville-based CartilaGen produces an intra-articular injection of small-molecule drug which effectively prevents post-traumatic osteoarthritis (PTOA). This is a novel accomplishment that has yet to be demonstrated by any therapeutic. The technology has demonstrated strong preclinical results and is…
Iowa’s first publicly funded venture capital fund—the InnoVenture Iowa Fund —is set to launch soon with the goal of supporting early-stage startup companies in Iowa.
The $30 million fund will invest in early-stage, Iowa-based startups in the industries of bioscience, advanced manufacturing and information technology. biosciences, advanced manufacturing, and information technology.
Eligible companies…
The Iowa Economic Development Authority (IEDA) announced last week that the state has received a $96 million investment that will support Iowa's small businesses and entrepreneurs.
The funding is available through the U.S. Treasury Department's State Small Business Credit Initiative (SSBCI), a small business aid program that was expanded through the federal American Rescue Plan…
The Iowa Economic Development Authority (IEDA) has approved innovation funding in support of four Iowa startups. In total, $250,000 was awarded. Here are the startups that received funding.
Janas Materials
Ames-based Janas Materials, Inc. develops sustainable technology for the coating industry that improves the appearance and application of wood stains. The additive is for water-based stains to achieve the…
The Iowa Economic Development Authority (IEDA) has approved innovation funding in support of four Iowa startups. Here are the startups that received funding.
True360
Founded in 2016, True360 of Ames captures immersive experiences through their 'WOW! Moment Finder' that can automatically compile highlight reels and their 360-degree camera enclosures that immerse users directly into different worlds.
The company…
The Iowa Economic Development Authority (IEDA) Board has approved awards for six Iowa companies, which will assist in the creation of 640 jobs and result in nearly $265 million in new capital investment for the state.
The projects are located in Burlington, Cedar Rapids, Davenport, Hampton, Osage and Red Oak. The board also approved…
The Iowa Economic Development Authority (IEDA) has approved innovation funding in support of six Iowa startups. In total, the six companies received $675,000 in funding.
Here are the startups that received funding.
Axis-U
Axis-U of Ankeny developed an online pre-apprenticeship training platform that helps Iowa employers connect to job seekers. After starting with the healthcare industry,…
The Iowa Economic Development Authority (IEDA) Board has approved funding for five Iowa startups. In total the five startups received $300,000 in funding.
Here are the five startups that received funding.
FBB Biomed
FBB Biomed, doing business in Coralville, is a biotech company with a mission to expand the reimbursable diagnostics market to brain diseases.…
The Iowa Economic Development Authority (IEDA) announced last Thursday that $22 million in Manufacturing 4.0 Workforce Innovation grants have been awarded to 46 companies in Iowa.
These grants are geared toward Iowa manufacturers with 76-250 employees across locations investing in Industry 4.0 technologies to address workforce issues exacerbated by the negative impacts of COVID-19.…