Business
Iowa is home to a diverse economy. We understand our strengths, and have focused strategies in place to spur innovation, industry growth and job creation.
Iowa is a great place for business
Iowa's Leading Industries
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Advanced Manufacturing
The state's largest industry accounting for 17% of our GDP and contributing $35 billion annually to the state’s economy.
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Bioscience
Iowa has made significant progress in building the bioscience industry, with employment growing 8% from 2016 to 2021.
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Finance and Insurance
Iowa is home to 7,000 finance and insurance companies and a workforce of nearly 95,000 talented industry professionals.
See How We Stack Up
#1
State for Fiscal Responsibility (CATO Institute, 2022)
#1
State in Renewable Energy (EIA, 2022)
#3
State for Opportunity (U.S. News and World Report, 2024)
#1
State for Cost of Living (CNBC 2023)
#1
State for Millennial Homeowners (Real Simple, 2023)
#6
Best State Overall (U.S. News and World Report, 2024)
By The Numbers
$2.3B
Capital investment in Iowa
24,827
Students in work-based learning
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Iowa Advantage
Ready to Expand or Relocate Your Business?
Iowa has building and sites suited to meet your priorities, including shovel-ready locations that streamline the development process.
Stay Connected with IEDA
Learn about the latest news and programs at IEDA.
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