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Iowa Innovation Acceleration Fund

Iowa Innovation Acceleration Fund

Funds Iowa tech firms across launch, scale, and expansion stages with tiered repayable support for growth.

Between cyclesIowa Economic Development AuthorityUnited StatesApplicants in Iowa

The Iowa Innovation Acceleration Fund, administered by the Iowa Economic Development Authority (IEDA), supports technology commercialization and business growth across three growth-stage tiers. The Launch tier provides up to $250,000 via royalty arrangements or secured loans for revenue-generating companies scaling toward an established customer base. The Propel tier provides up to $500,000 for co…

Funds technology commercialization across three growth stages — Launch, Propel, and Innovation Expansion — for Iowa advanced manufacturing, bioscience, and IT companies via royalty arrangements or secured loans up to $1 million.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Royalty-back
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.50%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: opportunityiowa.gov