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IEDA Board approves assistance for three established companies and three startups in Iowa

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January 20th, 2023 by Ric Hanson

January 20, 2023 (DES MOINES, IA) – Today (Friday), the Iowa Economic Development Authority (IEDA) Board approved awards for three companies, which will assist in the creation of 579 jobs and result in nearly $156 million in new capital investment for the state. These projects are located in Cedar Rapids, Des Moines and Lime Springs. The board also approved innovation funding in support of three startups located in Carroll, Cedar Rapids and Clive.

A school-based telehealth company in Carroll, Classroom Clinic provides school districts with timely and convenient access to children’s mental health services. The “team-based care” model allows service providers and school staff to connect, communicate and collaborate using technology. The company was awarded a $100,000 Demonstration Fund loan for market planning and entry activities and key personnel, as part of Innovation funding.

Read more about the IEDA awards, HERE.