Proof of Commercial Relevance Loan
Funds Iowa technology companies validating products and markets through low-interest loans up to $50,000.
The Iowa Economic Development Authority administers Proof of Commercial Relevance as a low-interest loan for Iowa technology companies moving from proof of concept toward commercial launch. Awards reach $50,000 and use a 1:2 private-to-public match. Eligible companies must be legally formed and registered in Iowa, have fewer than 500 employees, and operate in advanced manufacturing, bioscience or …
Market validation, beta testing, business-model tests, marketing and distribution tests, intellectual property analysis, competitive analysis and further development of scientific discoveries.
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