Principal Financial Group Foundation Gives Grants to Central Iowa Organizations

Business owners engaged in health and human services in Central Iowa are getting welcome support from the Principal Financial Group Foundation. This non-profit organization, part of the Principal Financial Group, a global investment management leader, is recognizing companies for their contributions toward improving the lives of communities in Central Iowa by awarding them grant funding.

The Foundation awards grants quarterly to companies whose focus is on Health and Human Services, Education, Arts and Culture, Civic, Community, and Environment. They have awarded nearly $90 million in financial support since 2000 to companies who have improved lives and communities through their efforts in these areas.

NIH Small Innovation Research Grant Gives Big Boost To Maryland Biopharmaceutical Company

Sirnaomics, Inc., a leading biopharmaceutical company in Gaithersburg, Maryland, has been awarded a National Institutes of Health (NIH) Small Business Innovation Research (SBIR) grant to continue research on a product called STP705. This product helps minimize scarring during the healing process on skin wounds.

The government funding will enable Sirnaomics to continue their research on this new pharmaceutical drug compound that could potentially help 42 million surgery patients annually in the United States alone. This is the fifth NIH SBIR grant the company has been awarded, in addition to other grants from the government.

Stratford Company Plans Growth, Thanks To Small Business Grant

A Stratford, Connecticut company has won a grant from Connecticut's Small Business Express Program. The Small Business Express Program is part of the state's $100 million effort to support small businesses who create jobs and increase business in Connecticut.

Domack Restoration LLC was awarded a $100,000 grant from the state. Domack, a commercial restoration and roofing company employing 20 people, plans to use the money to hire more employees.

Connecticut Small Businesses Receive State Grants

Connecticut Governor Dannel P. Malloy announced that five companies will receive business funding support as part of a state small business aid program. The state has set aside $100 million to assist qualifying companies through the Small Business Express program, established by the Connecticut Department of Economic and Community Development.

ForeSite Technologies Inc., an information technology company in East Hartford, will receive a $250,000 loan from the state and spend $425,000 for a total investment of almost $700,000 for improvements and staff expansion.

Oklahoma Town Gives Grants To Three Expanding Businesses

In a small town called Enid, Oklahoma, the Enid Regional Development Alliance (ERDA) has recently announced the winners of its first annual Downtown Grant Awards program.

The board of directors had announced earlier this year in March that it would begin to offer up to three grants each year to new or expanding businesses downtown. The grants are valued at $5,000 each, and the criteria for the grant awards were that the business be located in the Enid city area area bounded by Elm on the north to Garriott on the south, and Adams on the west to the railroad tracks east of 2nd on the east.