Category Archives: Featured Communities

IEDA Funding, tax breaks spur job creation in Iowa.

IOWA — The Iowa Economic Development Authority (IEDA) board recently awarded direct financial assistance and tax benefits to four companies for job creation and expansion projects. These awards will assist in the creation of 241 jobs and will result in ...

Iowa’s POCR Fund gives six startups a boost.

IOWA — Iowa’s Proof of Commercial Relevance (POCR) Fund provides financial assistance to innovative businesses that are pursuing proof of commercial relevance and marketability of a technology. The fund is designed to assist businesses with new techno ...

Prestage Foods plans 1,000 jobs at Iowa pork facility.

MASON CITY, Iowa — Prestage Farms will build and operate a new fresh pork processing facility in Mason City. The company expects to employ as many as 1,000 people in a single shift. Future expansion plans will be able to accommodate a second shift wit ...

Billy Sims BBQ plans game winning expansion in 2016.

TULSA — This year is shaping up to be a record year for fast-casual restaurant Billy Sims BBQ. The growing barbecue franchise announced it has signed nine new franchise-owned locations spanning across three states. Those states include Oklahoma, Kansa ...

Iowa Startup Accelerator showcases 2015 cohort.

CEDAR RAPIDS, Iowa – Members of the 2014 cohort of the Iowa Startup Accelerator (ISA) made their pitches to an audience of more than 900 at Launch Day in downtown Cedar Rapids recently. ISA’s 2015 program began in August and included more than a hundr ...

Kraft Heinz nets $15M to replace Davenport plant.

DES MOINES, Iowa – Kraft Heinz Foods Company will receive nearly $15 million in state and city incentives to construct a new manufacturing facility in Davenport. The Iowa Economic Development Authority (IEDA) board has approved an incentive package amou ...

Athena GTX pioneers telemedicine applications.

DES MOINES, Iowa — Athena GTX designs wireless miniature medical monitors that can save lives and cut the cost of health care. Athena has developed products for both military and civilian markets with a wide range of applications. Electronic systems s ...

TrueNorth to remodel Cedar Rapids office, add 57 jobs.

CEDAR RAPIDS, Iowa — TrueNorth Insurance and Financial Strategies is planning a $2.5 million expansion of its downtown Cedar Rapids corporate headquarters. TrueNorth plans to build out 17,000 square feet of enclosed but unfinished space on the second f ...

Jobless rate drops to 3.7 percent in Iowa.

DES MOINES, Iowa — Iowa’s jobless rate dropped slightly to 3.7 percent in August.  That was just down slightly from July’s seasonally adjusted statewide unemployment rate of 3.8 percent. In August 2014, the state’s jobless rate was c ...