MākuSafe is Proud to be an Iowa Economic Development Authority (IEDA) Award Recipient
July 19, 2019
BOARD ACTION: ECONOMIC DEVELOPMENT BOARD APPROVES PROJECTS FROM FOUR ESTABLISHED AND FIVE STARTUP COMPANIES LOCATED ACROSS IOWA
For more information contact:
Jacque Matsen, Iowa Economic Development Authority
July 19, 2019 (DES MOINES) – Today, the Iowa Economic Development Authority (IEDA) Board approved awards for four legacy companies, which will assist in the creation of 116 jobs and more than $52 million in new capital investment for the state. These projects are located in Dubuque, Winterset and Des Moines. The board also approved innovation funding in support of five startups located in Altoona, Le Claire, West Des Moines and Iowa City.
MakuSafe Corp in West Des Moines aims to improve worker health, safety and productivity while reducing worker compensation claims and mitigating workplace risks. Its proprietary wearable technology gathers real-time environmental and motion data from workers to identify high-risk trends in a facility. The company was awarded a $100,000 loan from the Demonstration Fund for market planning and key personnel.
Award recommendations for these funds are made by the Technology Commercialization Committee to the IEDA Board for approval.
MākuSafe was formed by a powerful team of software, hardware and data engineers in an effort to prove that workplaces around the globe can be made safer by gathering environmental data around workers WHILE they work. Using analytics and machine learning technology we can turn that data into predictors so that accidents can be stopped before they happen.