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The Cedar Valley TechWorks success story mirrors the growth of the very crops that fuel the biomass industry.
Planting a Seed
It all started with a seed - a single idea - to build a hub that firmly plants Waterloo, Iowa, in people's minds as a leader in the growing global bioeconomy.
Fertile Ground
A generous donation from John Deere provided the rich soil for the idea to grow.
In 2000, John Deere announced plans to move from its Westfield site to a new $125 million drive train advanced manufacturing center elsewhere in Waterloo. The vacancy freed approximately 2 million square feet of manufacturing space.
John Deere donated more than 40 acres, several buildings and substantial financial resources for a bio-industrial complex to the Waterloo Development Corporation.
Strong Roots
The Waterloo Development Corporation the Waterloo Development Corporation transferred ownership and responsibility to the Greater Cedar Valley Alliance, an organization that focuses on expanding and diversifying the economic base of the Waterloo/Cedar Falls, Iowa, area. The Alliance established Cedar Valley TechWorks in 2006.
The Right Nutrients
A number of people and organizations continue to partner with Cedar Valley TechWorks, and the project has already secured a healthy infusion of more than $21 million dollars in funding.
The Harvest
All is in place. An idea. Fertile ground. Strong roots. And the right nutrients. Now all that's needed is you. Cedar Valley TechWorks continues to grow, and you can be part of its growth. For more information on business and investment opportunities, or to become a partner, click here.
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