Resources for Entrepreneurs: Growth Stage

Recognition. Funding. Growth.

Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.

Recognition

Investor Networking

Connect professional investors with founders.

VC Networking Opportunities

Funding

Venture Funds + Angel/Seed Funds

Venture Funding + Angel/Seed Funding opportunities for Iowans.

Venture Funds Serving Iowa

AAVIN Equity Partners: a private equity firm based in the heart of the Midwest. Specializing in late-stage and expansion-stage financings, they partner with strong management teams that seek long-term business growth.

Iowa Corn Opportunities, LLC: an equity fund established by Iowa Corn Growers Association (ICGA) to make profitable, strategic value-added investments that will benefit Iowa’s corn grower members.

Midwest Growth Partners: focus their investments on manufacturing, food & agriculture, distribution & logistics and business service companies that have $4-100 million in annual revenue.

Next Level Ventures: a venture capital firm which invests in growing companies that are based only in Iowa. They typically invest $0.5 million to $4 million for a minority ownership position.

Rural Vitality Fund: RVF LP was created as a part of the Iowa Farm Bureau Federation in partnership with other leading organizations including Wellmark Blue Cross Blue Shield, CIPCO, and the Iowa Agriculture Finance Corporation who are committed to supporting the financing needs of Iowa’s rural businesses.

Regional Venture Funds

LFE Capital: LFE’s mission is to build great wellness companies and connect extraordinary women leaders to the capital they need.

OCA Ventures: OCA Ventures is an early stage (Seed, Series A, and Series B) venture capital firm focused on equity investments in companies with dramatic growth potential, primarily in technology and highly-scalable services businesses.

Open Prairie Ventures: The Mission of Open Prairie is to provide capital, advanced strategy and related services for growth-oriented companies
in the underserved markets of rural America.

Petra Capital Partners: they invest up to $20 million of our own capital per company, and can source additional capital through our network of co-investors and senior lending partners.

Prolog Ventures: they back startups focused on supporting healthy lives in a healthy world.

Stone Arch Capital: makes equity investments in leading private companies with revenues typically ranging from $20 million to $150 million and earnings before interest, tax, and depreciation (EBITDA) between $5 million and $30 million.

VC + Angel Investing

Ag Ventures Alliance: invests in companies that increase farm profitability.

Corridor Angel Investors: Corridor Angel Investors is a new group of accredited angels interested in investing in early-stage, Iowa-connected companies.

FinCapital Angels: FIN Capital is Iowa’s female angel investor network. Based in Des Moines, FIN Capital invests between $50,000 and $100,000 in early-stage companies, with preference to Midwest companies. The organization leverages its member’s backgrounds and expertise to vet deals across all industries, though FIN’s primarily invests in companies focused on: insurance, agriculture, and medical and health technology.

Hyde Park Angels: Provides strategic advice and coaching as well as capital. We also connect our companies with our industry partners and sponsors, which provide valuable insight, expertise, and support.

Iowa Seed Fund II: invests $100,000 to $250,000 for a minority ownership position in seed-stage / growth-stage opportunities.

Plains Angels: The Plains Angels are a group of Midwest angel investors dedicated to providing outstanding financial returns to accreted angel investors while assisting early-stage growth companies by being an excellent source of funding and advice.

Stone Arch Capital: Stone Arch Capital is a Minneapolis based private equity firm focused on making control equity investments in leading private businesses, across a wide range of industries. Located in the heart of the Midwest, Stone Arch Capital primarily focuses on businesses headquartered in the Midwestern United States and attractive industry build-ups across the United States where we find business owners and management teams that share our core values of honesty, trust, integrity, collaboration and hard work.

Wellmark Venture Capital and Economic Development Program: Wellmark participates in later round funding of Iowa startup companies to help develop technology and bring products to market. Investment is $100,00 to $500,000 per deal. Subsequent investments in the same company may be considered for up to $1.5 million total per company. Wellmark does not act as a lead investor and would expect other institutional participants to take investment positions with the company.

Growth

Infrastructure

Office space, HR, local business insurance. 

Office Space

Iowa City Downtown District: Companies seeking a retail or office lease or development support should contact the Iowa City Downtown District. The ICDD supports this non-commissioned position to ensure that the area has a healthy mix of complimentary businesses that meets the Downtown District’s mission. Inquiries are confidential and without fee.

LOIS / ICAD: LocationOne Information System (LOIS) is a searchable online database that showcases our area’s available buildings and sites and provides population and demographic details about our communities. If you want additional details from a real person, reach out to one of our area’s Commercial Real Estate groups or the ICAD team: [email protected].

University of Iowa Research Park: Here, growing enterprises have access to a state-of-the art business incubator, world-class research facilities and a dynamic faculty of scientists, physicians and engineers at one of the world’s leading public research universities.

Startup Scaling

Growth accelerators and tech consultants. 

Growth Accelerators

Tech Consultants

EDC Inc: In addition to one-time advice and longer-term mentoring, when needed, EDC can become an extension of your team providing hands-on, “helping you do it” assistance.

MERGEFB

MERGE

MERGE offers an open coworking space with benches, dedicated offices, conference rooms, large training room, business resources, community events, Wi-Fi powered by ImOn, free coffee, and much more!

Learn more about each location and membership plans:

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Greater Iowa City Inc.

Greater Iowa City, Inc. (Greater IC) is a network of business and public sector leaders who collaborate to support local companies, guide investment, and grow a resilient economy.

Learn More

Are you a startup, entrepreneur, traveling digital nomad or just looking for space to work?

Partners

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The Coralville CoLab is my permanent work place. I worked at home the past 5 years and I can’t explain how nice it is to get out of the house and be around great and intelligent people. The atmosphere is amazing and state of the art. Between good people, amazing office space you can’t ask for much more.

Rick Bodey
CEO, Backspace Group a Digital Marketing Company

Our CoLab space in Coralville provides business and entrepreneurial resources to our members, including Backspace Group, Inland Bank & Trust, Letter B, Culture Friendly Consulting, and John Naeve.

Mark Nolte
President, ICAD Group

The IC CoLab opened its doors at an opportune time for Radiology Protocols. We are a young company and needed to expand. Not only did the IC CoLab provide the space and office infrastructure we needed; it connected Radiology Protocols to the business community and the wider entrepreneurial network. The culture of energy and connectivity at the IC CoLab is invaluable to an entrepreneur.

Stephen Baker B.S. RT(R) (MR)
Founder & President, Radiology Protocols