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Capital Resources

Capital Resources

Recognizing the kinds of entrepreneurs and their financing needs is an important part of building a robust regional entrepreneurial ecosystem.  Microenterprise entrepreneurs, for instance, typically are looking for grants or low interest loans with flexible terms.  Contrast this with an innovator or venture firm, who will likely be seeking angel or venture capital investment.

The Way Forward

cashRegions that wish to fully support their entire entrepreneurial stack must have a diversity of funding options available and known about by the local economic developer and small business owner populations.  Often, community members have never taken a full inventory of grants, loans, angel investors, and venture capital sources available to their community.

What does this look like?

The most successful regions know what all available sources are for funds, and share referrals with one another so entrepreneurs can find the financing they need, when they need it.  Regions that excel in the financing arena fully utilize state, regional, county, and main street programs to support all types of entrepreneurs.

EDA University Center Role

Our role as a EDA University Center is to ensure awareness of, and accessibility to, funding resources available in each of our regions, as well as ensure that there are no funding gaps for all stages of entrepreneurial development.

Related Resources:

Recognizing the kinds of entrepreneurs and their financing needs is an important part of building a robust regional entrepreneurial ecosystem. Microenterprise entrepreneurs, for instance, typically are looking for grants or low interest loans with flexible terms. Contrast this with an innovator or venture firm, who will likely be seeking angel or venture capital investment. The Way Forward cashRegions that wish to fully support their entire entrepreneurial stack must have a diversity of funding options available and known about by the local economic developer and small business owner populations. Often, community members have never taken a full inventory of grants, loans, angel investors, and venture capital sources available to their community. What does this look like? The most successful regions know what all available sources are for funds, and share referrals with one another so entrepreneurs can find the financing they need, when they need it. Regions that excel in the financing arena fully utilize state, regional, county, and main street programs to support all types of entrepreneurs. EDA University Center Role Our role as a EDA University Center is to ensure awareness of, and accessibility to, funding resources available in each of our regions, as well as ensure that there are no funding gaps for all stages of entrepreneurial development. Related Resources: Community Bankers of Iowa ISED Ventures Iowa Small Business Development Centers USDA Rural Development U.S. Economic Development Administration Iowa Directory Small Business Administration – Iowa Office Dream Big Grow Here John Pappajohn Business Plan Competition Main Street Grant Programs Iowa Bankers Association Iowa Credit Union League Business Funding Resources in Iowa Iowa Revolving Loan Funds