State of Iowa

Economic Development Projects Not Proceeding

This dataset tracks economic development projects awarded incentives by the Iowa Economic Development Authority since FY 2003 that ultimately did not proceed with receiving funding. Each record includes the project name, associated company, awarded incentive amount, program details, and the date the decision was made not to proceed.

Example records
Namelegal entityCityaddressCountyaddressStatusstatusProgramclassificationPrimary Funding AgreementregistrationAward DatetemporalTotal Project CostfinancialCapital InvestmentfinancialDirect Assistance AwardedfinancialTax Benefits AwardedfinancialProjected Jobs - Createdquantity
Smart Ag, Inc.AmesStoryDeclined or RescindedHigh Quality Jobs Program19-HQJTDF-00208/17/201823400008300002500008000040
Hirschbach Motor Lines, Inc.DubuqueDubuqueContract TerminatedHigh Quality Jobs Program15-HQJDF-03802/20/20159000000900000050000015000080
VAMAKeokukLeeContract TerminatedTargeted Jobs15-TJWTC-00611/21/2014810000408000200000030
Use cases

Vendor Due Diligence on State Incentive History

A procurement officer vetting a potential supplier checks whether the company has a history of accepting government economic development incentives and then abandoning the associated commitments, which may indicate poor follow-through on contractual obligations.

NameStatusPrimary Funding AgreementDirect Assistance AwardedAward Date

KYB Screening for Fintech Lending Underwriting

A small business lender evaluating a loan application cross-references the applicant against state incentive records to identify whether the business previously received and then walked away from a publicly funded development award, treating it as a signal of financial instability or project execution risk.

NameCityCountyStatusTotal Project Cost

Fraud Pattern Detection Across Incentive Programs

A state audit team or compliance analyst looks for companies that appear across multiple declined or terminated incentive agreements, or that claimed large projected job counts relative to actual contracted figures, to flag potential misrepresentation in the original award application.

NameProgramProjected Jobs - TotalContracted Jobs - TotalDirect Assistance Awarded
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