The Iowa Economic Development Authority (@BusinessIOWA) aims to strengthen economic and community vitality in Iowa. In particular, their Demonstration Fund program ? which offers financial and technical assistance to small and medium-sized technology companies ? support Iowa’s burgeoning innovation economy.
Access to capital is often one of the biggest hindrances to growth for small tech startups. But thanks to programs like the Demonstration Fund, innovative companies across Iowa are given the chance to succeed. This funding not only gets the businesses off the ground, it also puts them in a position to attract later stage private sector funding.
Iowa has traditionally been best known as the corn capital of the United States. But now, thanks to broadband Internet and other vital resources, Iowa has undergone a transformation into the Silicon Prairie ? a high-tech hub for startups and entrepreneurs that is creating good jobs and economic opportunity across the state.