Financial
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Angel Capital Fund Center for the Study of
Low-interest revolving loan fund |
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STATE |
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Business Pipeline, Inc. Business Development Scholarships for Future Businesses Eligible.
Complete rules for the scholarship can be found at: http://www.businesspipeline.com |
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Advanced Research & Commercialization
Program (ARC) IDED 515-242-4819; FAX 515-242-4795 Makes strategic investments in established Iowa businesses with
advanced research and commercialization projects, creating new products,
providing high-wage opportunities, involving agriculture, advanced technology
or biotechnology. |
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Iowa Entrepreneurial Development Assistance IDED 515-242-4839; FAX 515-242-4776 Provides technical and financial assistance to high-growth
entrepreneurs. |
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Economic Development Set-Aside (EDSA) IDED 515-242-4819; FAX 515-242-4795 Financial assistance program for business creating new jobs for
low-to-moderate income individuals in cities under 50,000. |
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Entrepreneurs with Disabilities Program IDED 888-472-6055; FAX 515-242-4776 Technical and/or financial assistance for qualified Iowans with
disabilities. |
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Entrepreneurial Ventures Assistance Program (EVA) IDED 888-472-4839; FAX 515-242-4776 Financial and/or technical assistance to early-stage enterprises. |
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New Jobs and Income Program IDED 515-242-4707; FAX 515-242-4749 Tax exemptions and credits for companies making capital investment
and creating at least 50 jobs. |
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Public Facilities Set-Aside Program IDED 515-242-4819; FAX 515-242-4795 Financial assistance to cities of less than 50,000 and to counties for infrastructure improvement. |
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Self-employment Loan Program IDED 200 East Grand Ave. Des Moines, IA 50309 515-242-4819; FAX 515-242-4795 Low-interest loan program for low-income or disabled entrepreneurs. |
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Targeted Small Business Financial Assistance Program IDED 515-242-4819; FAX 515-242-4795 Low-interest loan program for minorities, persons with disabilities
and women-owned businesses. |
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Venture project Component of the Community Economic
Betterment Account (CEBA) IDED 515-242-4819; FAX 515-242-4795 Program makes equity-like investments of up to $250,000 in
early-stage business. |
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Value Added Agricultural Products and Process
Financial Assistance Program IDED 515-242-4819; FAX 515-242-4776 Encourages value- added processing of agricultural commodities. |
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Venture Network of Iowa (VNI) IDED 200 East Grand Ave. Des Moines, IA 50309 515-242-4819; FAX 515-242-4776 A statewide forum via the Iowa Communications Network where Iowa
entrepreneurs, investors, and business advisors interact. |
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Iowa Economic Development Loan Program Iowa Finance Authority 100 East Grand Ave, Suite 250 Des Moines IA, 50309 515-242-4990; FAX 515-242-4957 Provides financing to new and expanding businesses through the sale
of tax-exempt bonds. Maximum loan is $10 million. |
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Community Economic Betterment Account (CEBA) IDED 515-242-4819; FAX 515-242-4795 Financial assistance program for companies creating new jobs. |
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FEDERAL |
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Access Capital Electronic Network (ACE-NET) U.S. Small Business Administration Office of Advocacy 409 3rd St. S.W, Suite 20416 Washington, D.C. 20416
Nationwide internet-based listing service providing information to angel
investors on small, growing businesses seeking $250,000 to $5 million
in equity financing. |
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Moramerica Capital Corp. (Licensed by SBA in Iowa) 101 2nd St. SE, Suite 800 Cedar Rapids, IA 52401 319-363-8249; FAX 319-363-9683 E-mail: david@investam.com
Established to fill the gap between the availability of venture capital
and the needs of small businesses in startup and growth situations.
SBICs are privately owned and managed investment firms that use private
capital, plus funds borrowed at favorable rates with an SBA guarantee. |
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Small Business Administration Loan Programs U.S. Small Business Administration Federal Building 201 Walnut St., Room 749 Des Moines, IA 50309 515-284-4422; FAX 319-362-7861
Offers guaranteed loans guaranteeing major portions of loans made to
small businesses that demonstrate the ability to repay the loan, and
enables lenders to provide financing to small businesses when funding
is otherwise unavailable at reasonable terms. |
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Iowa Business Growth Community SBA Fund 504 7043 Vista Dr. West Des Moines, IA 50266 515-223-4511; FAX 515-223-5017 E-mail: iabusgrowth@iname.com
Provides fixed assets loans for land, building, remodeling new construction
and machinery or equipment. SBA 504 loans provide up to 90 percent
financing for most projects. Low fixed interest rate and 10 or 20
year maturity is standard. IBGC is the statewide 504 provider.
515-284-4422 |
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Small Business Innovation Research Grants (SBIR) U.S. Small Business Administration Federal Building 201 Walnut St., Room 749 Des Moines, IA 50309 515-284-4422; FAX 515-284-4572
Ensures that federal agencies with substantial research and development
budgets direct a certain percentage of research and development contracts
to small firms. |
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Intermediary Relenting Program USDA - Rural Development 873 Federal Building 210 Walnut Street Des Moines, IA 50309 515-284-4714; FAX 515-284-4859
Provides one percent, 30-year loans to eligible intermediaries to establish a revolving loan fund. The intermediary then re-lends the funds for development projects in rural areas with populations under 25,000
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Angel Capital Fund Center for the Study of
Low-interest revolving loan fund |
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