Economic Development Board approves awards to support businesses expanding in, and moving to, Iowa
Monday, August 13, 2018
(DES MOINES, IA) The Iowa Economic Development Authority (IEDA) Board awarded direct financial assistance and tax benefits to two companies for job creation and expansion projects. These awards will assist in the creation of 39 jobs and will result in over $6 million in new capital investment for the state. The board also recommended grant funding for nine small businesses, approved innovation funding for one startup and heard an update on the formation of a biosciences development center for the state.