IEDA Board approves a loan to a Klemme business

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Today the Iowa Economic Development Authority Board approved assistance to  help several companies including Renner Ag Solutions in Klemme.

The business aims to provide a safer and more-efficient solution for the grain storage process.

AgriNet, the flagship product, uses technology to operate a device that can clean out grain bins, removing the risk of farmers entering the grain bin for bin sweeps.

The company was awarded a 50-thousand dollar Proof of Commercial Relevance loan for IP development and evaluation, market analysis, proof of concept work, product refinement, equipment and market planning and entry activities.

 

To access the news release, click here.

 

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