Two Greater Des Moines startups get state money to prepare for markets
BUSINESS RECORD STAFF Nov 21, 2016 | 9:35 pm
1 min read time
145 wordsAll Latest News, Economic DevelopmentFermented Labs LLC, a Johnston startup that has developed software to help craft breweries with administrative tasks, has been awarded a $100,000 loan from the Iowa Economic Development Authority board.
The money will be used for hiring key personnel and for market planning and entry efforts, according to a release from IEDA. The board also awarded West Des Moines-based medical software company Rational Surgical Solutions a $100,000 loan to help prepare its Software as a Service (SaaS) product for market.
The software educates patients in the preoperative and postoperative periods about treatments and surgeries to improve their comprehension of complex medical procedures and reduce the risk of malpractice suits.
Read more about Rational Surgical Solutions at Both loans were from the state demonstration fund, which assists commercialization activities by small and medium-sized Iowa companies in the advanced manufacturing, biosciences and information technology industries.
Trending News
