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Iowa R&D Tax Credit Program

Iowa R&D Tax Credit Program

Offers Iowa companies annual tax credits for qualified innovation and technical development activities under a certified program.

Between cyclesIowa Economic Development AuthorityUnited StatesProjects in Iowa

The Iowa R&D Tax Credit is an annual, certification-based incentive administered by the Iowa Economic Development Authority (IEDA) for businesses conducting qualified research and development activities within Iowa. Eligible industries include advanced manufacturing, bioscience, insurance and finance, and technology and innovation. Qualifying R&D sectors encompass second-generation food innovation…

Provides Iowa businesses an annual refundable tax credit for qualified research and development activities spanning advanced manufacturing, bioscience, software, semiconductor, aerospace, and pharmaceutical sectors.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Annual
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
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.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: opportunityiowa.gov