The Iowa Innovation Corporation is a private, non-profit created by the state legislature to be the state’s innovation intermediary. Despite recent setbacks resulting from inaction by the Iowa Legislature the Innovation Corporation continues to make strides establishing an innovation ecosystem in Iowa.
The Iowa Innovation Corporation sought to have the state legislature change the parameters of the Iowa Innovation Seed Fund Tax Credits. Despite broad preliminary support, the Innovation Corporation was surprised that the bill didn’t make it to the House floor. The bill, HF 2454, would have adopted changes in the tax incentive structure needed to raise the seed capital funding for Iowa’s start-up companies. These changes would not have cost taxpayers any additional money.
