ABB 2004/5 | US States > Mid West Region > Iowa
Iowa
The New Economy

The watchwords of Iowai business climate
 

Every year, new companies create new jobs, new products and new wealth through new business development in Iowa. The state of Iowa can help, in alliances with communities and individuals that make new business happen.

From forgiveable loans to tax breaks, from financial assistance to jobs training programmes, Iowa has developed a powerful series of tools and incentives to help create new opportunities for Iowans. Let the professionals at the Iowa Department of Economic Development help you find the right programme to support your new business opportunity.

IOWA IN THE NEW ECONOMY
Technology, innovation and high worker productivity – the watchwords of the New Economy have long been a part of the business climate in Iowa. Iowa’s 1.5 million workers are well-prepared to help Iowa businesses succeed, especially in the three industry sectors of life sciences, advanced manufacturing and information solutions. Combined with its outstanding work ethic and excellent educational
infrastructure, Iowa’s workforce provides a profitable advantage to New Economy companies.

Within this focused framework, the Iowa Department of Economic Development develops programmes to support the following areas:

  • Entrepreneurial development and venture capital investor networks
  • Technology commercialisation
  • Telecommunications access/infrastructure
  • Workforce attraction, retention and training
  • High-skill employment opportunities
  • Business-friendly regulatory environment
  • Global marketing to position the state

WORKFORCE
American industry runs like a finely-tuned engine when powered by a productive work-force. Business can learn much about productivity, and about the link between pride and profit, from the Iowa worker. Iowa has a long tradition of providing a productive workforce that can be the difference business can bank on for profitable operations.

QUALITY OF LIFE
Because Iowa is one of the healthiest and safest places to live and raise a family, life here is good. Good for families, for careers, for shaping the future of the New Economy.

COST OF LIVING
Living costs in Iowa communities are lower than many communities in other states. In fact, Iowa’s cost of living is among the 16 lowest states in the nation. Iowa also has the lowest auto insurance premiums in the United States, and costs for medical care and services are among the nation’s lowest. For more insights in how “the good life” can also be an affordable way to live.

Iowa Department of Economic Development
200 East Grand Avenue
Des Moines, IA 50309
Tel: +1 515 242 4700
Fax: +1 515 242 4809
E-mail: iowasmart@ided.state.ia.us







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