Jan 21, 2025

Startups Receive Economic Development Awards

Posted Jan 21, 2025 5:43 PM

(Radio Iowa) - Two startup companies are getting a boost from the Iowa Economic Development Authority board.

I-E-D-A spokesperson Kannan Kappleman says that Reality Wave based in Coralville received a 50-thousand dollar proof of commercial relevance loan, and the company utilizes A-I technology to provide objective evaluations of academic manuscripts and grant proposals.

Des Moines-based Tumblewood VITA received a 100-thousand dollar demonstration fund loan for its step-by-step approach to managing end-of-life and post-loss plans.