State of Iowa awards Demonstration Fund to IAT

Iowa Adaptive Technologies was awarded a $100,000 Demonstration Fund by the State of Iowa.  According to the Iowa Economic Development Authority, the Demonstration Fund supports commercialization activities by small and medium-sized Iowa companies in the advanced manufacturing, biosciences, and information technology industries. The primary purpose of the fund is to help businesses with a high-growth potential reach a position where they are able to attract later stage private sector funding.

College of Engineering News: http://www.engineering.uiowa.edu/news/two-engineering-related-companies-receive-600000-state-economic-development-support

Iowa Economic Development Authority: http://www.iowaeconomicdevelopment.com/Entrepreneurial/DemoFund