John Pappajohn Entrepreneurial Center Cedar Valley Venture Fund

JPEC PROGRAMS

Business and Community Services Bldg., Suite 128
Cedar Falls, IA 50614-0130
(319) 273-JPEC (5732) Fax: (319) 273-5733
E-mail: jpec@uni.edu www.jpec.org

Creating a Culture for Entrepreneurship at UNI!

INTRODUCTION

The Cedar Valley Venture Fund is a $1.61 million fund comprised of investors from Black Hawk and its contiguous counties. The fund is a partnership of local investors, Buchanan County Economic Development, Cedar Valley Economic Development, and the John Pappajohn Entrepreneurial Center.

The fund will consider investing in post-family and friends start-ups with an established product and proven sales, follow-on deals, mergers and acquisitions, and succession-based opportunities. Since the fund is on its last few investments, the fund is encouraging companies from the Cedar Valley and Iowa to apply for investment. The Cedar Valley Venture Fund is no longer accepting investments from outside Iowa. CVVF will not fund restaurants, retailers, individual consultants, franchises, real estate, limited-growth businesses, and prototype-only or beta-product only stage businesses. The CVVF will not invest in businesses outside the United States. The average investment is $100,000 to $200,000. The fund will not invest in deals less than $100,000 and will not invest more than $500,000 in a deal.

PROCESS

The process of investment consideration begins with the company sending an e-mail with a 2-4 paragraph explanation of the business opportunity, the investment need, and contact information to the John Pappajohn Entrepreneurial Center (JPEC) or the company can submit an executive summary of the business to the JPEC. Please find a link at bottom of this page to e-mail your summary or an address at the bottom of this page to send a hard copy. Please note, we will not take your pitch over the telephone. The CVVF will review your investment at its quarterly executive committee meeting, and we will let you know if the CVVF wants to consider your company for possible investment.

If your company is selected for possible investment review, you will be asked to submit the following information:

the business
the products
the management
the market
the finances
how the company is capitalized
the current value of the company
the mechanism for investment
what CVVF gets for its investment
exit strategy (optional)

To contact us:

John Pappajohn Entrepreneurial Center
University of Northern Iowa
Business and Community Services, Suite 128
Cedar Falls, IA 50614-0130

Phone: 319-273-JPEC (5732)
Fax: 319-273-5733
Email: jpec@uni.edu