Category Archives: Des Moines

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 ...

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 ...

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 ...

ClinicNote wins award to explore market demand.

DES MOINES, Iowa — ClinicNote, a startup company founded by three Iowa State University students, recently received a $25,000 grant from the Iowa Economic Development Authority (IEDA). The young company has worked with the Global Insurance Accelerator ...

BirdDogHR bags funding for software development.

DES MOINES, Iowa — BirdDogHR, a Des Moines startup, recently received a $300,000 loan from the Iowa Economic Development Authority (IEDA). The company recently moved into new headquarters in Urbandale with an eye toward adding up to 70 new personnel. ...

BOGO Bowl wins award to break into new markets.

DES MOINES, Iowa — BOGO Bowl, a Des Moines-based pet food startup, has received a grant of $25,000 from the Iowa Economic Development Authority. BOGO Bowl opened for business in 2012. The company sells pet food almost exclusively online. The company p ...

Kum & Go plans new Des Moines HQ.

DES MOINES, Iowa – Kum & Go will build a $151 million headquarters building in downtown Des Moines, relocating the company from West Des Moines. Kum & Go is a rapidly growing regional convenience store chain owned by Krause Holdings Inc. The Iow ...

Probioferm plans expansion in Urbandale.

DES MOINES, Iowa —Probioferm LLC is planning a $1.9 million expansion at its facility in Urbandale, a Des Moines suburb. Probioferm grows beneficial bacteria cultures and manufactures custom blends, nutritional supplements, gels and pastes. The comp ...

Iowa jobless rate pegged at 3.8 percent.

DES MOINES, Iowa – Iowa’s unemployment rate fell to 3.8 percent in April, its lowest level in seven years. According to data from Iowa Workforce Development, the state’s jobless rate was 4 percent in March and 4.4 percent in April 2014. That’s the ...

18 brownfield/grayfield projects to remedy urban blight.

DES MOINES, Iowa – The Iowa Economic Development Authority (IEDA) recently approved redevelopment tax credits for 18 brownfield and grayfield projects. The Redevelopment Tax Credit Program provides financial assistance for the acquisition, remediation ...

Funnelwise to add 14 tech jobs in West Des Moines.

DES MOINES, Iowa – Software developer Funnelwise was awarded $150,000 in direct financial assistance through the state’s High Quality Jobs Program, according to a recent news release from the Iowa Economic Development Authority. The Des Moines-based c ...

EcoEngineers looks at dollar impact of biogas projects.

DES MOINES, Iowa – EcoEngineers has received funding from the Iowa Economic Development Authority (IEDA) to conduct feasibility studies for anaerobic digester projects in the state. According to a recent news release, IEDA granted the Des Moines compan ...

Pillar Technologies anchors redevelopment in Des Moines.

DES MOINES, Iowa – Pillar Technologies, a software development company, plans to open an office in an historic downtown building, spending nearly $700,000 in improvements to the property and creating at least 49 jobs. The Iowa Economic Development Autho ...

Accumold plans Ankenny expansion, 200 new jobs.

DES MOINES, Iowa – Accumold will invest $10 million to expand its Ankenny factory, creating 200 jobs in the Des Moines metro area. The company, which manufactures precision parts for electronics, optics and medical equipment, plans begin construction to ...

Rüster Sports wins grant for new inner tube.

DES MOINES –  Rüster Sports will received a $25,000 award from the Iowa Economic Development Authority (IEDA) to develop a new bicycle inner tube meant for racing tires. The grant was made through the Proof of Commercial Relevance Fund, a program to p ...