Iowa will help a local startup expand. Today, The Iowa Economic Development Authority awarded $100,000 to JumpOnIt, a company that helps local businesses provide exclusive deals to area residents.
The Davenport-based company was founded last year and now operates here and in Murfreesboro, Tennessee. In the Quad Cities alone, it offers deals from nearly 200 businesses. Users sign up and receive daily deals via text message.
Co-founder Katie Wilson says JumpOnIt will use the state money to expand in other cities and to create a few jobs.
Wilson says over 25,000 people in the Quad Cities have signed up for her company's text service.
JumpOnIt currently plans to open later this year in Des Moines, Iowa City, and Peoria.