Community Economic Betterment Account

Category: Business, State

The Community Economic Betterment Account (CEBA) program can provide financial assistance to businesses that require assistance in order to create new job opportunities or retain existing jobs which are in jeopardy. Projects eligible for CEBA funding include, but are not limited to, the following: building construction or reconstruction, acquisition of land, equipment purchases, operating and maintenance expenses and site preparation. These funds are customarily divided between forgivable loans, low-interest loans and no-interest loans. Projects must meet minimum wage and benefit guidelines.


Beth Balzer
Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, IA 50309
Phone: 515.348.6195
[email protected]