Middle Bit: Global Insurance Accelerator to hold Virtual Pitch Event on April 22

The 2020 cohort of the Global Insurance Accelerator will come to an end next Wednesday as seven companies present their insurtech solutions over Zoom.

On Monday, March 16, GIA converted its 2020 cohort to a fully remote program. With the completion of its fifth cohort, the Global Insurance Accelerator will have graduated 33 companies.

The event is free and open to the public.

Iowa organizations partner to create Iowa Small Business Relief Fund

Iowa organizations are partnering to uplift the small business community throughout the entire state, starting the Iowa Small Business Relief Fund in response to COVID-19.

The new partnership includes: The Director’s Council, Immigrant Entrepreneurs Summit, League of United Latin American Citizens – Iowa, One Voice, Iowa State Extension, DREAM Iowa,  Iowa Community Capital, Ethnic Minorites of Burma Advocacy Center (EMBARC Iowa), Des Moines Branch of the NAACP, Latino Resources of Iowa, and Financial Empowerment Center (DMACC).

The funding is for small businesses disrupted by COVID-19 that are not recipients of Federal and State Small business relief dollars. Businesses that apply are eligible for between $500-$3500 in funding.

​To be eligible, businesses are required to:  

  • ​have 1-7 employees prior to March 17, 2020 or classify as a sole proprietor
  • be based in Iowa
  • provide a 3 month P & L statement/bank statements
  • provide 2019 and 2020 Q1 revenue

Ames resident builds website for Ames

Ames resident Anand Bala has created a website to help out local bartenders, servers, and baristas during the coronavirus shutdown.

The website, called Ames Tip Jar, allows you to tip your local hospitality workers while they aren’t able to work.

Restaurants or individuals can sign up as a recipient and set up a Venmo, Paypal or Cashapp account to receive funds. Tippers can choose a service worker at random to tip or can browse the list of those who have already signed up. The tip money goes straight to the worker.

At Clay & Milk, we want to tell stories about the many ways entrepreneurs and startups are adapting and stepping up to combat coronavirus. Fill out this form to tell us your story and we will be in touch.