Startups joining the Global Insurance Accelerator’s 2020 cohort will be the first cohort experiencing a newly revamped funding structure and a recently raised investment. Startups will receive an investment of $75,000 through a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the startup. It’s an increased…
Applications are open to broker-and-agent-centric, early-stage startups for the 2020 BrokerTech Ventures Accelerator cohort. The deadline for submissions is Nov. 29, and accepted startups will be notified in early February. The cohort will begin the five-week program in March. Each startup may receive up to $50,000 in seed funding, the…
Igor, a central Iowa startup focusing on turning company buildings into “smart assets,” joined 14 other startups at the 2019 Unreasonable Impact Americas program held in New York. The initiative is a partnership between Barclays and Unreasonable Group to support high-growth ventures tackling social and environmental challenges to scale. Entrepreneurs…
SwineTech, a Cedar Rapids-based agtech startup designing products to protect piglets from accidental crushing by their mothers, received October’s Business of the Month award by America’s SBDC Iowa. SwineTech has won multiple awards from MIT, the American Farm Bureau and the Investors Hall of Fame; co-founders Matthew Rooda and Abraham…
Kerty Levy (standing), newly named managing director of Techstars Iowa, at Tuesday’s launch announcement with Jainen Thayer, chief investment officer for Grinnell College, and Claudia Reuter, managing director of the Stanley + Techstars Additive Manufacturing Accelerator. Photo provided Tuesday was a good day for Mike Colwell in Des Moines. It…
Coralville-based IDx Technologies has appointed former LabCorp executive Seth Rainford as its new president of global markets, the Corridor Business Journal reports. Rainford will be charged with expanding market opportunities and driving operational excellence at IDx, which last April received clearance from the FDA for the first autonomous AI diagnostic system…
The Global Insurance Accelerator announced changes to the funding structure affecting startups that are accepted to the 2020 cohort, which is now accepting applications. The GIA will increase the seed investment to $75,000 in the form of a post-money Simple Agreement for Future Equity (SAFE), which converts to 5% of the company….
The University of Iowa is launching a new Iowa Innovation Challenge to provide more than $225,000 in funding during the 2019-2020 academic year across UI’s campus. The challenge is a university wide competition to identify, advance and support the most innovative and entrepreneurial projects on campus, the university said in…
Techstars, a national network of accelerators and a venture capital firm, is partnering with Grinnell College to launch Techstars Iowa, to be located in Des Moines. Des Moines entrepreneur and former interim director for the Iowa AgriTech Accelerator Kerty Levy has joined as managing director of Techstars Iowa, which has yet…
As Lauren Jones grew up in rural Iowa, she watched her extended family lose options for groceries one by one. Jones grew up in Clarinda, a town of about 5,000 people served by two grocery stores, but most of her extended family was based in nearby Hamburg, which had fewer…
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