This panel discussion will help match the entrepreneur with resources for stages of the company whether technical resources at the idea stage or financial programs bringing a product to market. Panelists are well versed in technical resources, state commercialization and incentive programs, SBA and USDA Rural Development funding and revolving loan funds.
2. High Growth Potential
Significant Articulated Market Opportunity
Innovative Technologies
◦ Intellectual Property, Trade Secret, Secret Sauce…
Sustainability
◦ Significant Enterprise Value & High Wage Jobs
3. Targeted Industries
◦ Bio/Life Sciences, Advanced Manufacturing, IT
Stage of Development
◦ Proof of Concept; Prototype Design; Market Analysis
Maximum Award
◦ $100,000
Equity Match
◦ 1:1
Award Form
◦ Low Interest Loans
4. Targeted Industries
◦ Bio/Life Sciences, Advanced Manufacturing, IT
Stage of Development
◦ Market Entry
Maximum Award
◦ $150,000
Equity Match
◦ 1:2
Award Form
◦ Loans, Forgivable Loans, Grants
5. Targeted Industries
◦ Bio/Life Sciences, Advanced Manufacturing, IT
Stage of Development
◦ Commercial Relevance; Experienced Mgmt. Team
Maximum Award
◦ $500,000
Equity Match
◦ 1:1
Award Form
◦ Low Interest Loans or Royalty Agreements
6. Targeted Industries
◦ Iowa’s Key Industrial Sectors
Stage of Development
◦ Established Company with Complete Infrastructure
Maximum Award
◦ $2,000,000
Equity Match
◦ 1:1
Award Form
◦ Secured Low Interest Loans
7. Innovation Acceleration –
Launch, Propel, Expansion
◦ $4MM
Demonstration Fund – this fiscal year
◦ $1MM
8. Download Application
www.iowaeconomicdevelopment.com
Complete & Submit to IEDA
Application Forwarded to
VentureNet Iowa Who Then
Contacts Applicant
Discussion Between
Applicant & VentureNet
Presentation
Coaching: What to
Expect
Presentation to Panel
for Evaluation &
Feedback
Applicant Presentation
to TCC & Funding
Decision
Mentor Assignment
to Award Recipient