Iowa Economic Development Authority Awards HUDU $50,000 for Innovation and Growth

Press Release: Iowa Economic Development Authority Awards HUDU $50,000 for Innovation and Growth

FOR IMMEDIATE RELEASE

Urbandale, IA – July 24, 2024 (USANews.com) –

HUDU, the Iowa founded innovative odd job marketplace, has received $50,000 through the Proof of Commercial Relevance (POCR) program. This funding highlights Iowa’s commitment to fostering local innovation and economic growth.

HUDU, headquartered in Urbandale, is transforming the gig economy by providing a first ever unified odd job marketplace. By leveraging artificial intelligence and a competitive bidding system, HUDU creates a robust marketplace making it easier for users to find reliable help and for gig workers to find meaningful opportunities.

The $50,000 award from IEDA is advancing HUDU’s mission to create a better gig economy. This funding will be allocated towards hiring key personnel for product refinement and enabling HUDU to reach more users ensuring HUDU continues to innovate and grow within Iowa and beyond.

“This support from IEDA is further proof of the viability of our vision,” says Derreck Stratton, Founder & CEO of HUDU, “It enables us to enhance our platform and expand our reach, ultimately contributing to the economic development of our community and the state of Iowa. We are excited to continue building a simple, efficient, and all-encompassing odd job marketplace.”

IEDA’s support underscores the importance of fostering local startups and innovative solutions which are addressing real-world challenges. By backing HUDU, the State of Iowa is investing in a company that boosts the local economy and empowers individuals with flexible income opportunities.

HUDU’s unique approach to the gig economy aligns with Iowa’s strategic goals of promoting entrepreneurship, innovation, and community development. As HUDU grows, it will create new jobs, support small businesses, and enhance community engagement across Iowa.

For more information about HUDU, please visit HeyHUDU.com.

About HUDU: HUDU is an odd job marketplace built around simplicity and convenience where individuals can list their needs and skilled workers bid on them. HUDU creates a seamless, efficient, and trustworthy environment for gig work. Founded in Urbandale, IA, by combat veteran Derreck Stratton, HUDU is committed to building a better gig economy that values and supports its workers.

Interested in investing in HUDU? Reach out to [email protected].

For more information about HUDU, please contact Derreck Stratton, Founder & CEO, at [email protected].

About IEDA: The Iowa Economic Development Authority (IEDA) aims to strengthen economic and community vitality by building partnerships and leveraging resources to foster growth and innovation across Iowa.

For more details, please visit the IEDA’s official announcement here.

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