Angel investors are individuals who provide seed capital to new businesses or startups, usually in exchange for convertible debt or ownership equity. They are often one of the first sources of funding that founders seek out when starting their companies. The requirements to qualify as an accredited investor, according to the U.S. Securities and Exchange […]
Founder Geoff Wood recounts Gravitate’s journey, early days of Des Moines startup ecosystem To build a startup ecosystem, young companies and founders need infrastructure that allows them to start building and connects them with resources. Geoff Wood, who describes himself as an implementer, was poised to put structural pieces into place from the time he […]
Before entrepreneurs turn their focus to building a business with economic impact, many start with an idea sparked by a passion for a cause or industry. It’s often a driving factor for the innovation and growth their companies can achieve. With so many different influences inspiring entrepreneurs, it’s important to understand what drives people and […]
The water being discharged from the city of Slater’s water treatment plant is “crystal clear, some of the cleanest wastewater I’ve seen in Iowa,” said Max Gangestad, chief operating officer for Gross-Wen Technologies. The Slater-based company has developed a system that uses algae to treat wastewater. Its first municipal system went online last year. Gangestad […]
Go behind the scenes of the process, innovations at the Decorah brewery Clark Lewey says the first and most important step in developing a new beer or brewing innovation at Toppling Goliath Brewing Co. is that “we know who we are and we know who we are not.” Lewey started Toppling Goliath in 2009 with […]
The Greater Des Moines Partnership has announced the 10 graduates of the second cohort of the Scale DSM Minority Business Accelerator. The business owners completed a seven-month program centered around case-based peer learning, management skills and building networks to help them grow their businesses. The program uses curriculum from Boston-based nonprofit Interise and is sponsored […]
innovationIOWA is sharing profiles of the current members of Maple Studios, a startup studio for early-stage industrial technology companies based on the campus of Ramco Innovations in West Des Moines. Bailey Steinfadt, founder and lead engineer of Stone Path Engineering, shares more about the company below. For recent coverage of Maple Studios, visit innovationia.com. Know a […]
Following its expansion from three to 14 Midwest cities in 2023, Des Moines-based technology company Hummingbirds announced Wednesday that it has raised $3.3 million in seed funding that it plans to use to expand its online platform to more than 30 U.S. cities in 2024. The Des Moines-based technology company connects businesses with hyperlocal content […]
Events are planned across Iowa in celebration of Global Entrepreneurship Week, which is from Nov. 13-19. Central Iowa events include the last web3dsm gathering of the year on Nov. 15 and the Immigrant Entrepreneurs Summit on Nov. 18. More Central Iowa events are listed on the Greater Des Moines Partnership blog. More events are scheduled at […]
The Iowa Biotechnology Association has opened applications for the 2024 Iowa Biotech Showcase pitch competition, which awards one biotech startup with $10,000 and a one-year membership to IowaBio. The 2024 showcase will focus on embracing the diversity of biotech industries in the state. The pitch competition will be held during the annual Iowa Biotech Showcase and Conference […]