The Iowa novation conlci(IIC), the 29-member advisory group of the IDED, Governor and legislature, and comprised of top Iowa business leaders, and university representatives, met on October 22 to advance the council’s main goal of promoting and spurring innovation-based economic development in Iowa. In an effort to aggressively pursue this goal, the council moved unanimously to support the transformation of the current Council to not-for-profit corporation status. Corporation status will enable the IIC to shift from simply an advisory role to an entity that engages in commercialization of projects, investments and portfolio management. The Council plans to introduce legislation during the upcoming legislative session to achieve this status.
To read the full, original article click on this link: Professional Developers of Iowa, Advocating economic development for the State of Iowa :: Newsroom - Iowa Innovation Council: Unanimous Vote Towards Corporation Status
