2 Cedar Rapids businesses win $50K each - KWWL - Eastern Iowa Breaking News, Weather, Closings

2 Cedar Rapids businesses win $50K each

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CEDAR RAPIDS (KWWL) -

Two eastern Iowa businesses were awarded $50,000 grants from the Small Business Association.

The Entrepreneurial Development Center, Inc., and the Iowa Startup Acceleration, both located in Cedar Rapids, were given $50,000 each as part of the Growth Accelerator Fund Competition.

The awards were presented Monday at Iowa Startup Acceleration in Cedar Rapids.

The competition, in its second year, gave out 80 grants this year across the country.

The Cedar Rapids businesses were the only ones in Iowa to be selected.

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