PE/VC  Iowa Innovation

http://iowainnovationcorporation.com/





     Office Locations:

309 Court Avenue
Suite 222
Des Moines, IA 50309
Phone: 515-421-4054

 

Stages:

  • Expansion
  • Growth
  • Late


 

Industries:

  • Electronics & Advanced Materials
  • Information Technology
  • Manufacturing & Industrial

  •  

    Description:

    The Iowa Innovation Corporation is a private non-profit organization that has been charged with being Iowa's innovation intermediary. The firm operates through its Industry Applied Research Fund, Iowa Innovation Fund, Proof of Commercial Relevance Fund, and its Small Business Innovation Research and Technology Transfer (SBIR/STTR) Outreach Program. The Industry Applied Research fund is designed to help connect university research to the needs of innovative businesses, with a financial investment of up to $150,000. The Proof of Commercial Relevance fund provides financial assistance to innovative businesses that are pursuing proof of commercial relevance and marketability of a technology, with a financial investment of up to $100,000. The Small Business Innovation Research and Technology Transfer (SBIR/STTR) Outreach Program is designed to increase the rate of successful grant applications for Iowa's innovative businesses seeking federal grants through the Small Business Administration's SBIR/STTR programs. The Innovation Fund provides second stage or later funding to businesses engaged in Iowa's innovation ecosystem. In 2012, the state legislature provided $8 million in tax credits each year to help the formation of this fund.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Alex Carter Program Manager
    Karen Merrick Vice President
    Mark Kittrell President
    Tonja Richards Director of Marketing & Communications

     

    Portfolio companies include:

     

    Recent News:


      There is no recent news for Iowa Innovation.