Demonstration Fund

About this funding opportunity

Demonstration Fund

Image Topics:

Innovation

The Demonstration Fund is designed to assist companies with market-ready innovative technologies or products that have a clear potential for commercial viability. Assists companies with marketing and business development activities Helps businesses with high-growth potential reach a position to attract follow-on private sector funding Awards up to $100,000 Funds are primarily in loans or royalty arrangements with a 1:2 (private:public) match Funds can be used for: Acquiring management/marketing personnel or expertise Purchasing equipment Developing and executing marketing and distribution strategy Creating marketing materials Developing/expanding lead compounds (bioscience - pharmacology) Business model validation and refinement Market feedback on technology and recommended enhancements

Read the full Administrative Rules Eligibility Iowa-based company with innovative technology solution Fewer than 500 employees Commitment to commercialize product(s) in advanced manufacturing, bioscience or information technology industries Competitive and protectable product, technology or process Product ready for market introduction (exception for bioscience and medical device requiring regulatory approval) Essential management team in place (business development, financial operations and technology) Application Process Applications reviewed on an ongoing basis with funding decisions bi-monthly IEDA has engaged the services of VentureNet Iowa to manage the application review process Contact VentureNet Iowa at innovation@iowaeda.com for current application and to verify eligibility Applicant completes panel review process and presentation to the IEDA Technology and Commercialization Committee (TCC). Resources Application Deadlines and Presentation Schedule (38.15 KB) Archived.pdf Application Instructions and Award Terms (62.81 KB).pdf Evaluation Form (109.81 KB).pdf Iowa's Public Funding Continuum (168.71 KB).pdf NAICS Code (81.98 KB).pdf Innovation Team

Email Address

innovation@iowaeda.com

Topic areas: General and Cross-cutting R&D, Advanced Manufacturing and Industry.

Funding amount

This other provides Varies in funding.

Deadline

Applications are accepted on a rolling basis; there is no single fixed deadline.

Who can apply

This opportunity is open to the following applicant types:

• Not specified by the program.

Eligibility

The program did not publish a separate eligibility statement. See the official opportunity page for the full eligibility criteria.

Agency

Demonstration Fund is administered by Iowa Economic Development and Finance Authority (IEDA), listed via Iowa Economic Development and Finance Authority.