(Radio Iowa) – The Iowa Economic Development Board recently awarded loans to three startup companies to help move their products forward. I-E-D-A spokesperson Kanan (Cannon) Kappleman says an Ames tech company received one of the loans.
She says the idea is to provide more consistent support treatment across home, school, and therapy.
The company was awarded a 100-thousand dollar demonstration fund loan to help refine their platform. Another Ames company received a loan for their ag-related product.
Kappleman says it is designed to work with existing technology.
The Coralville-based Juggernaut Life Sciences received a loan for their medical product.
Kappleman says they hope to improve the treatment of several types of cancer.
The company was awarded 50-thousand dollar proof of commercial relevance loan.
