Innovation Fund Tax Credit Program
Provides investors with Iowa tax credits for placing capital into certified innovation funds that back early-stage local companies.
The Iowa Innovation Fund Tax Credit Program, administered by the Iowa Economic Development Authority, provides individual investors a 25% Iowa tax credit for equity investments made in certified Innovation Funds. These certified funds, in turn, deploy capital into early-stage Iowa businesses across sectors including advanced manufacturing, bioscience, and information technology. The total pool ava…
Provides individual investors a 25% Iowa tax credit for equity investments in certified Innovation Funds that deploy capital into early-stage Iowa businesses, with $8 million available annually.
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