Information Technology & Financial Services
Iowa recognizes that the best way to bring economic health to any area is to give businesses already in place the support they need. Businesses in Iowa's Information Technology/Financial Services industries know that well.
From strategic efforts begun decades earlier, Iowa is now home to many insurance and financial giants and is widely regarded as a major center for the insurance and financial services industries. Nearly 6,100 firms and 81,000 employees work in this sector in Iowa and its critical mass of insurance companies continues to prosper. In recent years Iowa has seen $254 million in insurance expansions, creating thousands of new jobs.
Iowa's financial services growth continues to springboard an increasingly successful Information Technology industry with over 29,279 workers. The growing IT industry and the dominance of Iowa's university research programs contribute to Iowa's high rankings for technology sophistication in K-12 schools and its top ten ranking for academic research and development.
The Battelle Memorial Institute research demonstrated that as the state connects its top university research programs and its development opportunities with key clusters, the research and development efforts are providing a competitive advantage in Iowa's technology-driven development. Led by a steering committee of leaders in Iowa's IT field, key clusters of growth within the IT industry include radio frequency, advanced visualization, human-computer interaction, IT security systems, software quality assurance, and optical science laser technologies.
Other Targeted Industries
- Advanced Manufacturing — Industries dedicated to the rapid introduction of new processes, materials and technologies to manufacturing applications.
- Biosciences — Industries involved in the application of biological and biochemical sciences to plants, animals, processed foods and humans.
- Renewable Energy — Iowa is positioned to lead the nation in renewable energy production through wind, biomass, ethanol, cellolosic ethanol, and biodiesel.
To Learn More:
Phone: 515.725.3100 or 800.245.4692
E-mail: business@iowa.gov