The Iowa Innovation Corp. today said it’s seeking proposals from candidates interested in managing the new Iowa Innovation Fund.
The private nonprofit group is working to set up the fund, which will provide early-stage financing for Iowa-based companies with high-growth potential. Lawmakers in the last session agreed to boost to 25 percent state credits for fund investors and allow the credits to be transferred once. The tax credit amount had been 20 percent.
To read the original article: Innovation group seeks proposals for manager of new early-stage investment fund | Des Moines Register Staff Blogs
