Iowa offers a range of programs to support job creation and workforce development for small businesses. Programs like the Iowa Economic Development Authority (IEDA) High Quality Jobs Program and the Iowa Workforce Development (IWD) Employer Innovation Fund provide financial assistance and grants to help businesses expand their workforce and develop essential skills in high-demand industries.
Iowa Economic Development Authority (IEDA) High Quality Jobs Program
- Purpose: Provides financial assistance to businesses creating high-quality jobs in Iowa.
- Eligibility: Businesses creating at least 10 new jobs that meet minimum wage requirements and investment thresholds.
- Benefit: Tax incentives and grants based on job creation and investment levels.
- Application process: Apply through the IEDA.
- More info: Stimulates job growth in targeted industries, including advanced manufacturing, information technology, and biosciences.
Iowa grants for small businesses
For Iowa grants for small businesses, the IEDA High Quality Jobs Program offers significant tax incentives and grants, encouraging job creation and supporting business growth in key sectors across Iowa.
Other relevant programs in Iowa
- Iowa Workforce Development (IWD) Employer Innovation Fund: Supports innovative workforce training programs with grants covering training costs. Applications are processed through IWD.
- Iowa Job Training Program (JTP): Provides grants covering up to 50% of training costs for new hires or skill upgrades for existing employees, with applications through local community colleges or IWD.
- Iowa Small Business Development Center (SBDC) Services: Offers free consulting, training programs, and resources for hiring and employee management, available through local SBDC offices across Iowa.
Helpful resources for small businesses in Iowa
List of small business grants