Funding and Finances

New Tax Penalty on Small Business Health Insurance

Small business groups are sounding a warning about an obscure Internal Revenue Service rule that takes effect Wednesday imposing heavy fines on small businesses for helping defray the cost of their workers’ insurance or medical expenses. The National Federation of Independent Business said small businesses that get caught helping their workers...

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Funding Available for Iowa companies interested in exploring the creation of an ESOP program

Since July 2014, IEDA has awarded forgivable loans to seven companies interested in establishing an employee stock ownership plan (ESOP). The ESOP Formation Assistance Program provides up to $25,000 to defray the upfront costs of feasibility studies for forming an ESOP. The ESOP Advisory Panel will consider new applications at its...

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Grant Opportunities for Iowa Companies

Do you have a novel, innovative idea to solve a problem in technology, energy, medicine, agriculture, transportation, education, or for the military?  If you do, one of 11 federal agencies might award up to $1.7 million in grant money to your for-profit company to develop the idea, and The Iowa...

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Micro Loans: What Are They and How Do You Get One?

Greetings all! Let me introduce myself first.  I am Craig Downs, President of IowaMicroLoan.  I have been a part of this organization since 2008 and prior to that I was involved in the banking business for 27+ years.  Now, to more important and useful information. Micro loans: What are they?  How do...

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Iowa’s Public Innovation Funding Programs

So, you’re an Iowa based innovative technology company (in the areas of IT, advanced manufacturing or bio/life science) with proof of concept and a minimum viable product on the road to commercialization. What’s next? Well, if you’re looking to delve into fund raising, the Iowa Economic Development Authority (IEDA) has...

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BusinessUSA: Government Resources for Small Businesses and Entrepreneurs

Too often, interactions with the government are burdensome and frustrating. From seeking out financing opportunities to learning about the latest regulations, business owners spend too much time navigating the federal bureaucracy. That’s why BusinessUSA was created: to be a centralized, one-stop platform to make it easier for business owners to find and access...

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Venture Capital Musings…

So you are interested in seeking investment from a venture capital fund?  If you haven’t been down this path before, there are a few things you might want to be aware of before seeking investment from this funding source. Fundamentally VC’s are about investing other people’s money.  Before they begin to...

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Dream Big, Grow Here Social Shout Outs: Ag Innovation

As the voting period for the Dream Big Grow Here business grant program is now closed, we'd like to highlight and share with you what awesome contestants we had! Dream Big Grow Here is an initiative of the University of Northern Iowa Business & Community Services division and is supported by...

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5 Things to Keep in Mind When Applying for a Business Loan

At the Iowa Center for Economic Success (formerly ISED Ventures), we work daily helping small businesses and aspiring entrepreneurs. Obtaining funds is an important milestone in a business’s development. The process can often be intimidating. Here are 5 steps to keep in mind when thinking about business capital. 1-Plan for growth. Having...

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Economic Development Board Approves Reinvestment District Funding for Waterloo and Incentives for Rembrandt Enterprises in Winnebago County

The Iowa Economic Development Authority (IEDA) board today met to award tax incentives to Rembrandt Enterprises for an expansion project in Winnebago County that will create 197 new jobs at a qualifying wage of $14.86/hour and result in a capital investment of $86.5 million. The board also took action to...

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