Economic Grant for Iowa City - KWWL - Eastern Iowa Breaking News, Weather, Closings

Economic Grant for Iowa City

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IOWA CITY (KWWL) -- The federal government is giving 60,000 dollars to Iowa City to help businesses with flood recovery.

The U.S. Department of Commerce's Economic Development Administration approved the grant Wednesday.

The city will use the money to determine if a business incubator would help the local economy.

The University of Northern Iowa business incubator started back in 2001.  Since then, the incubator has graduated 39 small businesses and created 63 jobs.

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