Fastpath Solutions granted IEDA funds to enhance software
DES MOINES, Iowa – Fastpath Solutions, Inc., a Des Moines-based company, will receive a $300,000 loan from the Iowa Economic Development Authority to fund marketing support and enhancements to its product.
Founded in 2004, Fastpath provides technology that enables organizations to automate audit processes, resulting in improved compliance and cost savings. The technology also allows companies to standardize audit and risk management processes across applications. This consistency provides best practice in audit, a framework for future audits and a departure from a traditionally manual process.
The loan comes from the Iowa Innovation Acceleration Fund. The purpose of the fund is to promote the growth of businesses that engage in the transfer of technology into high-paying jobs. The funds support research, launch startups and accelerate private investment and industrial expansions that create capital investment.