Iowa Economic Department Authority Awards Grant

Agency - Economic Development Authority

TThe Iowa Economic Department Authority awarded a $1.8 milion grant to the Quatro Composites.


The grant will be used for its 40,000 square feet expansion, going directly to the facility's east. It will also be used to double the company's workforce by hiring 100 new employees with an average salary of $19.28 an hour.

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Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones



Other Community Development, General/Other Grant News

Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones




John Converse Townsend, a Forbes contributor, shares what can the private sector do for a social enterprise. He encourages social enterprises to reach out to corporations for help to scale up their businesses.






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