IEDA awards Demonstration Fund capital to Bawte, Pear Deck

Last week the Iowa Economic Development Authority (IEDA) awarded five startups grants or loans from the Demonstration Fund, including two Iowa tech startups.

Last week the Iowa Economic Development Authority (IEDA) awarded five startups grants or loans from the Demonstration Fund, including two Iowa tech startups. Des Moines startup Bawte—currently participating in the Boulder-based Techstars accelerator—was awarded a $25,000 grant from the Proof of Commercial Relevance Fund. Bawte will use the funds to market and develop its product. Iowa City-based Pear Deck also received funds from IEDA. The startup received a $100,000 loan from the Iowa Innovation Acceleration Fund in order to help expand their team. Athena GTX, Krato and Kyoger also received assistance from the Demonstration Fund. — Source: Iowa Economic Development Authority

 


Silicon Prairie Shorts are sponsored by Polsinelli. On a daily basis, Polsinelli technology attorneys work with clients creating or using innovative technology. Check out the firm’s Science and Technology Law Group to learn more.

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