Great Plains Diesel Technologies
707 East Lincoln Way
Ames, Iowa 50010 USA
Office: 515.233.2962
Fax: 515.232.2240

GPDT Receives $150,000 via Iowa Economic Development's "Demonstration Fund"

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November 01, 2013

Demonstration Fund awards made to nine start-ups:

The Demonstration Fund provides financial and technical assistance to encourage high-technology prototype and concept development activities that have a clear potential to lead to commercially viable products or services within a reasonable period of time.

The fund provides up to $150,000 to encourage commercialization activities by small and medium-sized Iowa companies in the advanced manufacturing, biosciences and information technology industries. The primary purpose of the fund is to help businesses with a high-growth potential reach a position where they are able to attract later-stage, private-sector funding.

Award recommendations for this program are made by the Technology and Commercialization Committee to the IEDA Board for approval.

Great Plains Diesel Technologies is a small “smart-material” actuator design and control company, based in Ames. The company has spent the past several years developing a magnetostrictive “programmable” actuator for use in a diesel fuel injector, as well as the control system mathematics required to operate the actuator. The purpose of this technology in a fuel system is to provide the significant level of control required to increase engine combustion efficiency, reduce emissions, and increase fuel economy and performance.  The company was awarded $150,000 loan via i6 project funds to refine its prototype and build samples to customer specifications.

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