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Economic Development

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IWD provides update on extended federal unemployment benefits

Iowa Workforce Development released guidance today for several federal unemployment assistance programs that were extended recently by Congress. As part of the Consolidated Appropriations Act signed into law on Dec. 27, Congress reauthorized and extended the Pandemic …

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$284B second round of PPP lending to begin next week

The U.S. Small Business Administration, in consultation with the Treasury Department, announced today that the Paycheck Protection Program will reopen the week of Jan. 11 for new borrowers and certain existing PPP borrowers. To promote …

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Partnership names new executive VP of economic development

Brian Crowe, the current vice president for business attraction at ICR Iowa, was named Thursday as the new executive vice president of economic development at the Greater Des Moines Partnership. 

He fills a role left open …

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Iowa benefits from migration away from cities, U-Haul says

Corridor Business Journal: Iowa appears to be among the states benefiting from a trend of do-it-yourself movers leaving densely populated U.S. areas amid the COVID-19 pandemic, according to a new U-Haul report analyzing migration trends from …

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Iowa sees 15% spike in unemployment claims filed last week

The number of Iowans filing weekly unemployment claims climbed to 52,137 in the week that ended on Saturday, a 15% increase from the previous week, Iowa Workforce Development reported today.

A year ago, 39,135 Iowans …

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SBA-backed loans top $89M in Central Iowa for 2020

Small business loans backed by the U.S. Small Business Administration to Central Iowa businesses topped $89 million in 162 loans in 2020, a 24% dollar increase from the $71.7 million in 146 loans backed in …

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IBC Q4 Economic Outlook shows growing optimism for 2021

With leaders of the state’s largest companies forecasting higher sales, higher employment and higher capital spending over the next six months, the Iowa Business Council released its fourth-quarter Economic Outlook for 2020 today, showing growing …

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Marvin DeJear named new senior VP of talent development at Partnership

Marvin DeJear, the director of the Evelyn K. Davis Center for Working Families at Des Moines Area Community College, was named today as the new senior vice president of talent development for the Greater Des …

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Eathington named senior VP and chief technology officer at Corteva

Corteva Agricscience announced that Sam Eathington has joined the company as its new senior vice president and chief technology officer, leading Corteva’s research and development organization. According to a news release, he will lead the company’s …

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Iowa economy continues to expand in December, but at slower pace

Iowa’s economy continued to grow in December, although at a slower rate than the previous month, according to a monthly survey of supply chain managers released Monday.

Iowa’s Business Conditions Index, compiled by Creighton University, …