posted on 6/21/24

Today, the Iowa Economic Development Authority (IEDA) Board approved an award to a $5 million biomanufacturing project in Boone County. The board also approved Butchery Innovation and Revitalization program awards.

13 businesses receive Butchery Innovation and Revitalization funds
The Butchery Innovation and Revitalization Fund was designed to provide financial assistance in the form of grants to businesses for projects relating to small-scale meat processing, licensed custom lockers, and mobile slaughter units. For fiscal year 2024, the State of Iowa appropriated $1 million for the program. The maximum award amount is $100,000 and no more than 50% of the eligible project expenses may be paid with these grant funds.  Double Dutche Meat Processing Inc. of Pella and Northcote Meats, Inc. of Melcher were two of the grant recipients.

IEDA received 18 applications, requesting more than $1.3 million. Based on program eligibility and funding, the IEDA Board awarded $970,560 to 13 applications that received the highest average score. A list of the businesses that were awarded can be found here.

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