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IEDA Board approves projects from seven established and three startup companies in Iowa

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March 19th, 2021 by Ric Hanson

March 19, 2021 (DES MOINES, IA) –  The Iowa Economic Development Authority (IEDA) Board, Friday, approved awards for seven established companies, which will assist in the creation of 179 jobs and result in almost $105 million in new capital investment for the state. These projects are located in Burlington, Cascade, Iowa City, Johnston, Nevada, Rock Valley and West Des Moines. The board also approved innovation funding in support of three startups located in Carroll, Cedar Rapids and Iowa City.

Of the three start-ups, Classroom Clinic in Carroll offers school-based telehealth services to rural school districts. It offers an innovative solution for rural mental health services, which in turn could improve academic achievement, higher graduation rates and advancement to postsecondary education. The platform allows telehealth providers to effectively connect with schools, students and families to deliver the care they need. The company was awarded a $25,000 Proof of Commercial Relevance (POCR) loan for market analysis and IP development and evaluation.

(read more about the other awards, here)