Nutriom Honored with 2018 Iowa Venture Award
on Wednesday, December 5, 2018
The Iowa Area Development Group (IADG), on behalf of Iowa’s rural electric cooperatives, municipal utilities and independent telecommunication companies, honored eight distinguished Iowa companies with the Iowa Venture Award at a luncheon held in conjunction with the Iowa Association of Electric Cooperatives’ annual meeting.
Nutriom is a small, family-owned company. They invented a technique for drying eggs to keep their fresh flavor, nutrition and functionality. OvaEasy Egg Crystals are created through a production process that gently dries real egg without exposing it to high heat. The company is relocating from the state of Washington to Panora, Iowa. With the help of seven Iowa revolving loan funds, the company has embarked upon a nearly $10 million relocation, renovation, production, and warehousing investment. Nutriom was nominated by Guthrie County Rural Electric Cooperative.
“The Iowa Venture Awards Luncheon provides a forum to celebrate the courage, contribution, innovation, responsibility, and vision of Iowa entrepreneurs,” said IADG President Rand Fisher. “By relocating to Iowa, Nutriom is making major contributions to support Iowa’s leadership position in egg production and processing.”
Additional Iowa Venture Award recipients include:
Eagle’s Catch - Ellsworth
Martin Marietta – Gilmore City
Perry Creek Dairy – Merrill
Prestage Foods of Iowa – Eagle Grove “Outstanding Business of the Year”
Sullivan Supply, Inc. – Dunlap
Trinity Fabricators, Inc. – New Albin
Waspy’s Truck Stop - Templeton
About the Iowa Venture Award
This marks the 31st year that IADG has presented Iowa Venture Awards to individuals and organizations, both large and small, in recognition of their significant contributions to Iowa's economy through entrepreneurial leadership, innovation and the creation of job opportunities. History has demonstrated that these are among the most accomplished and successful companies in the state. Together they are helping to sustain and grow Iowa’s economy. The Iowa Venture Award Hall of Fame showcasing these 264 companies can be found at www.IADG.com/HallOfFame.
About Iowa Area Development Group (IADG)
IADG is the business and community development leader for Iowa’s rural electric cooperatives, municipal utilities and independent telecommunication companies. Since 1985, the partnerships and economic development efforts of IADG and their sponsors have assisted with more than 2,100 projects, generating in excess of $12 billion of capital investment and over 53,000 new or retained jobs for Iowa.
Pictured left to right: Don Schwartz, Director, Guthrie County REC; Cozy Nelsen, CEO, Guthrie County REC; Andrew Randol, Panora Communications; Emily Albers, Nutriom; Mike Naig, IA Secretary of Agriculture; Hernan Etcheto, CEO, Nutriom; Celina Etcheto, Nutriom; Leo Etcheto, Nutriom, Gerald Cruz, Nutriom; Matt Beadle, Nutriom; and Rand Fisher, President, IADG.