The Iowa State University Startup Factory and partners received a $525,427 grant from the U.S. Economic Development Administration’s 2020 Venture Challenge program to launch the Iowa Go-To-Market (G2M) program. EDA funding will support the G2M project team, comprising the Iowa Innovation Corp., ISU Startup Factory and VentureNet Iowa, the ISU Startup Factory announced this week. Funding will support an Iowa G2M Accelerator program to provide support for commercial product development, and development for an online resource guide focusing on the needs of high-tech startups. Partners intend to launch the new accelerator program in early 2021, with an application process to be announced soon. The EDA grant is part of $35 million in federal funding awarded to 52 organizations.
