Ripple Effect Works by providing direct financial assistance to emerging and expanding companies and telecommunications providers’ customers through low-interest loans matched by the provider. Ripple Effect staff helps put together financial incentive packages for business development leads and assists in evaluating business and project plans of potential development partners and community planners. Ripple Effect also researches and accesses other financial assistance opportunities and prepares USDA and other agency loan and grant applications.

Loan assistance applications may be made to your local Iowa independent telecommunications provider.

Ripple Effect offers business opportunity loans, micro-enterprise loans and USDA Revolving Loan Funds. For more information:

Loan Policy Guidelines
Financial Assistance Fact Sheet


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Woodward Becomes Iowa's First "Green" Certified Site

The Woodward Eco Business Park is a pilot project and the first of its kind designed to meet the unique needs of companies looking to reduce their environmental impact. The park is approximately 190 acres and is now available for business development.

Minburn Communications and Aureon Support New Shell Building in Perry

The Perry Economic Development welcomed state dignitaries, community partners, developers and media representatives to commemorate the completion of the new 30,000-square-foot speculative industrial warehouse shell with a ribbon cutting. Located in the Perry Industrial Park, construction began on the new spec building in April 2018 and is now available for an occupant to customize the interior as needed.

Freedom Racing Continues to Expand in Lamoni

Freedom Racing has experienced continuous growth since they opened the doors to its brand new corporate headquarters in Lamoni. Their newest expansion is a 3,800 sq. ft. addition to their building.

North Central Iowa Rail Corridor Serves Development in Forest City, Klemme, Garner and Goodell

On November 21, 2011, Winnebago Cooperative Telecom Association (WCTA) of Lake Mills joined officials of the Forest City Economic Development Corporation, their development partners, and Governor Terry Branstad for the ribbon cutting of the $2M North Central...

Loan and Grant Support Expansion Into Sully Business Park

After researching several location options in the Jasper County region, Janco Industries of Sully, made the decision to locate its new 70,000 sq. ft. manufacturing facility in Sully's new business park.

Ripple Effect Helps C&L Rev Up their Business by Expanding Intro Rural Iowa

C&L Companies (C&L), a manufacturer of after-market motorcycle component parts for the motocross and recreational vehicle industries and headquartered in Urbandale, Iowa, was looking to expand its distribution and warehousing capability.

Ripple Effect Funds Economic Impact Study for Fort Dodge Crossroads Ag Park

In 2014, Webster-Calhoun Cooperative Telephone Association (WCCTA) joined with the Greater Fort Dodge Growth Alliance to assist with the financing of an economic impact study for the Iowa Crossroads of Global Innovation Agriculture Park in Fort Dodge...

Ripple Effect Helps Expand Country Maid's Impact in Northwest Iowa

Founded in 1991 out of the basement of Ken and Marlene Banwart's farm home in West Bend, Iowa, Country Maid quickly grew.