2023 will bring Iowa’s innovation stakeholders some of the first opportunities to see the infusion of $96 million from the U.S. Treasury Department’s State Small Business Credit Initiative in action. Announced in October 2022, the funding is distributed across four new programs, each taking a different angle on increasing funding access. Anna Lensing, innovation team project manager at […]

Business leaders joined the Business Record’s 2023 Legislative Forecast event on Jan. 10 to provide a deeper look into the legislative priorities of the Iowa Association of Business and Industry, the Greater Des Moines Partnership, the Iowa Business Council and the Technology Association of Iowa this session. In addition to conversations about multiple workforce topics, […]

Patent fees have been lowered for small and micro entities, according to the U.S. Patent and Trademark Office’s new fee schedule that took effect at the end of 2022. President Joe Biden recently signed two new laws, the Consolidated Appropriations Act of 2023 and the Unleashing American Innovators Act of 2022, which resulted in the reduced […]

The Technology Association of Iowa has announced its state and federal principles and priorities for the 2023 legislative year. TAI’s legislative priorities for 2023 are: Connectivity: Facilitate high-performance internet connectivity using the best available technologies for all Iowans. Cybersecurity: Build awareness of known and emerging cyber threats and incentivize smart cybersecurity practices to protect Iowans and their […]

The Iowa Economic Development Board last week approved awards for five companies that will lead to the creation of 266 jobs, and represent more than $200 million in capital investment in the state. The IEDA board also approved awards to two startups: CartilaGen in Coralville received a $125,000 Demonstration Fund award for product refinement, market planning and […]

The U.S. Small Business Administration has announced more than $5.4 million in funding through the Federal and State Technology (FAST) Partnership Program to 44 awardees, including Iowa State University. FAST provides small businesses and startups, particularly those in underserved communities, with specialized training, mentoring, and technical assistance for research and development. Grant awardees qualify for award […]

The Iowa Economic Development Authority announced Wednesday a $96 million investment to support small businesses and entrepreneurs in Iowa. The U.S. Treasury Department approved the funding to Iowa Tuesday through its State Small Business Credit Initiative (SSBCI). The American Rescue Plan Act reauthorized and expanded the SSBCI, providing nearly $10 billion to increase access to capital and promote entrepreneurship, […]

President Joe Biden signed an executive order Sept. 12 to launch the National Biotechnology and Biomanufacturing Initiative, which will put more federal funding into the biotechnology industry. The executive order coincided with Biden’s speech announcing a long-term goal to reduce cancer deaths and pursue cures or preventative treatments.  A release announcing the executive order said, “By responsibly harnessing […]

The Community Broadband Action Network announced Wednesday that it has received a grant of more than $380,000 through the National Digital Inclusion Alliance, which will establish a Digital Navigator Corps program in Iowa. The grant is part of a $10 million investment from Google, which is establishing a national Digital Navigator Corps. The national initiative includes the […]

The Department of Management Office of the Chief Information Officer has announced expanded scalable security services for educational institutions and nonprofit organizations in Iowa. According to a news release, schools, school districts and nonprofits now have access to a lower cost of $8.24 per month, per device, which makes accessing the state’s cybersecurity services easier. […]