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Economic Development

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Lawmakers discuss Partnership priorities as 2021 session nears

Lawmakers and Gov. Kim Reynolds may have to find common ground on issues such as the Invest in Iowa Act if they are to make progress when the Legislature resumes in 2021, leaders said Thursday …
By MICHAEL CRUMB | Dec 11, 2020
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Urbandale chamber launches 401(k) program for member companies

The Urbandale Chamber of Commerce has launched the Urbandale Chamber Member 401(k) Retirement Program. The new program is designed to save local businesses time and money in the administration of a 401(k) program for their …
By BPC Staff | Dec 10, 2020
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Associated General Contractors sue SBA, OMB over PPP questionnaire

The Associated General Contractors of America, which represents more than 27,000 construction firms, filed a lawsuit on Tuesday to compel the U.S. Small Business Administration and the Office of Management and Budget to revise the questionnaire being …
By BPC Staff | Dec 9, 2020
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IEDA awards $3.6 million in grants for community improvements

The Iowa Economic Development Authority has awarded nearly $3.6 million in Community Development Block Grants for improvements in 10 communities statewide. According to a news release, the grants are for water and sewer infrastructure improvements, …
By BPC Staff | Dec 9, 2020
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Partnership’s legislative priorities to be outlined in virtual forum Thursday

The Greater Des Moines Partnership will unveil its priorities for the 2021 legislative session during a virtual discussion with legislative leaders on Thursday. The event is scheduled from 7:30-8:30 a.m. on Zoom. Legislators scheduled to …
By BPC Staff | Dec 8, 2020
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Collins Aerospace to lay off 65 employees in Decorah, Bellevue

Cedar Rapids Gazette: Collins Aerospace will lay off 65 employees in Decorah and Bellevue as of Jan. 2, according to a WARN notice filed with Iowa Workforce Development. The company will eliminate 36 positions in …
By BPC Staff | Dec 8, 2020
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$20.4M in tax credits awarded to Iowa historic preservation projects

The Iowa Economic Development Authority awarded $20.4 million in Historic Preservation Tax Credits to 10 projects. IEDA received 19 applications requesting $36.9 million in tax credits during the November application round; the next registration round …
By BPC Staff | Dec 4, 2020
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Survey: Over half of small businesses looking to hire, having difficulty finding workers

U.S. small businesses reported a historically high level of job openings in November, according to the November monthly jobs report from the National Federation of Independent Business NFIB’s monthly jobs report. Overall, 53% reported hiring …
By BUSINESS RECORD STAFF | Dec 4, 2020
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SBA names Top Lender Award winners for Iowa

The U.S. Small Business Administration’s Iowa District Office on Tuesday announced the winners of its Top Lender awards for Fiscal Year 2020. U.S. Bank, which was recognized as both the SBA’s Top Overall Lender and …
By BPC Staff | Dec 3, 2020
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Thousands of Iowans face loss of jobless benefits if federal stimulus bill stalls

More than 44,000 Iowans who have exhausted their state unemployment benefits face a severe financial crisis if a federal safety net is allowed to expire in late December, economists say.

The federal CARES Act went into …
By KATHY A. BOLTEN | Dec 3, 2020