Business ClimateBusiness Development Financial Assistance:
SBA 504 Loan Program
Available to for-profit businesses with net worth under $7 million and net annual profit under $2.5 million to purchase and/or renovate capital assets including land, buildings, and equipment.
Your Resource: E.C.I.A. Business Growth, Inc., 563-556-4166, www.ecia.org
Revolving Loan Fund (RLF) Programs
Provides gap financing to manufacturers for buildings and/or equipment. Various requirements on individual RLFs.
Your Resource: E.C.I.A. Business Growth, Inc., 563-556-4166, www.ecia.org
Iowa Values Fund (IVF)
Business must be in one of the state’s targeted industries, including life sciences, information solutions/financial services, and advanced manufacturing to qualify for state assistance.
Your Resource: IDED, 515-242-4700, www.iowalifechanging.com
Community Economic Betterment Account (CEBA)
For businesses that plan a major capital investment, creating new job opportunities and/or retain existing jobs in Iowa. Assistance is provided in the form of loans and/or forgiveable loans.
Your Resource for information: IDED, 515-242-4700, www.iowalifechanging.com
Your Resource for application assistance: E.C.I.A. Business Growth, Inc.,
563-556-4166, www.ecia.org
Economic Development Set-Aside (EDSA) Program
For businesses that plan a major capital investment, creating and/or retaining quality employment opportunities for low- and moderate-income individuals. For business projects in Iowa cities of less than 50,000 population. Assistance is provided in the form of loans and/or forgiveable loans.
Your Resource for information: IDED, 515-242-4700, www.iowalifechanging.com
Your Resource for application assistance: E.C.I.A. Business Growth, Inc.,
563-556-4166, www.ecia.org
Iowa Value-Added Agricultural Products & Processes Financial
Assistance Program (VAAPFAP)
Assistance to companies that utilize the state’s agricultural commodities to create new, innovative products or to produce renewable fuels. Also for companies engaged in organic processing, bio-mass, and the creation of alternative energies. Assistance is provided in the form of loans and/or forgiveable loans.
Your Resource: IDED, 515-242-4700, www.iowalifechanging.com
Entrepreneurial Financial Assistance
Entrepreneurial Neighborhood Project
Infrastructure Financial Assistance
Small Business Financial Assistance
Tax Exemption and Incentive Assistance
Venture and Seed Capital