Skip to content Skip to footer
Applications open for 2022 Techstars Iowa Accelerator
Applications are now open for the 2022 cohort of the Techstars Iowa Accelerator. The accelerator will run from July 18 to October 14, 2022, and will be a hybrid of virtual programming and in-person programming in Des Moines. In its first two years, Techstars Iowa has accepted 20 companies into its program from all around the country.…
Startup Weekend Iowa Online 2022 Recap
People from around the world gathered virtually last weekend for an online Startup Weekend. Participants gathered into teams Friday night and worked all night and all day Saturday to build startups from scratch. On Saturday evening, seven teams presented their final pitches to a panel of judges. Each team had five minutes to…
ISU Startup Factory announces its eleventh cohort
The Iowa State University Startup Factory has announced the eleventh cohort of entrepreneurs entering the Iowa State-based program. The following are the names of the ten participating startups in the eleventh cohort. Bottlesode Films Inc.: As a streaming service for children, Bottlesodes TV is the answer to overstimulating and unsafe content on other outlets. eLegalls: eLegalls provides law…
Global Insurance Symposium returns to Des Moines this April
The Global Insurance Symposium (GIS) has announced its 2022 conference will return this April and will take place at the Community Choice Credit Union Convention Center in Downtown Des Moines. Set to take place April 21-23, the three-day symposium will provide a venue for those in the insurance industry to address and discuss issues impacting…
LWBJ acquired by UHY
LWBJ announced last week that it has been acquired by accounting and professional services firm UHY. “We are very excited to join UHY," said Paul Juffer, Managing Partner of LWBJ. "Our firm has enjoyed significant growth over the past 30 years because of our talented team and wonderful clients. Joining UHY allows us to provide…
Winners of the 2021 Startup Iowa Awards
Clay & Milk is pleased to announce the winners of the 2021 Startup Iowa Awards presented by BLX. Congratulations to all of this year's winners and finalists. This year’s winners are: Entrepreneurial Support Organization of the Year: Iowa City Area Development Group (ICAD) Student Entrepreneur of the Year: Grayson Burgess Investor of the Year: ISA Ventures Accelerator of…
$210 million in grants awarded to improve broadband access in Iowa
Today, Governor Reynolds and the Office of the Chief Information Officer announced the latest recipients of the Empower Rural Iowa Broadband Grants Program.     Funding of more than $210 million for new broadband infrastructure has been awarded to 160 applicants as part of the latest investment in expanding broadband across the state, announced in October 2021.   "We’ve received an overwhelming number of applications and funding requests, which highlights the considerable need…
News Archives | Clay & Milk
A central Iowa ag-tech accelerator has secured more backers and finally has a name. The Greater Des Moines Partnership first announced the accelerator last year, naming four initial investors. On Monday, the Partnership said the program will be called the "Iowa AgriTech Accelerator" and named three new investors. The new investors include Grinnell Mutual, Kent Corp. and Sukup Manufacturing, all Iowa companies. They join investors Deere & Co., Peoples Co., Farmers Mutual Hail Insurance Co. and DuPont Pioneer. Each investor has agreed to put up $100,000 for the first year of the accelerator. Startups entering the program will receive $40,000 in seed funding in exchange for 6 percent equity. Tej Dhawan, an angel investor and local startup mentor, is serving as interim director until the AgriTech Accelerator names a permanent leader. Dhawan held a similar role with the GIA before Brian Hemesath was named as managing director. As interim director, Dhawan said his main job includes hiring the accelerator's executive director, establishing a business structure and initial recruiting for the first cohort. The accelerator will place few filters, such as location and product, on the applicant pool, Dhawan said. "When you’re seeking innovation, innovation can come from every corner of the world so why restrict ourselves," he said. One area the the AgriTech Accelerator won't recruit from is biotech. For its first cohort, the AgriTech Accelerator will work out of the GIA's space in Des Moines' East Village, Dhawan said. A future, permanent home is still to be decided. The accelerator's program will host startups from mid-July through mid-October, ending with an event connected to the annual World Food Prize. The GIA, which the AgriTech Accelerator is based on, also ends with presentations at an industry event. The accelerator has also started lining up a mentor pool. The Iowa Corn Growers Association, Iowa Soybean Association and the Iowa Pork Producers Association have agreed to provide mentors, as has Iowa State University. While the AgriTech Accelerator is loosely based off of the GIA, it will differ in its business structure, Dhawan said. The GIA runs through a for-profit model for both operations and its investment fund. The AgriTech Accelerator will have a nonprofit model for its operations and a for-profit setup for its fund. Dhawan said the nonprofit model is being used so the accelerator can better work with other nonprofit partners, such as trade associations. "These are all organizations that are nonprofits and can be amazing stakeholders without ever having to be investors in the accelerator," he said. "It becomes easier to work with trade associations in their nonprofit role when we are also a nonprofit." When it's up and running, the AgriTech Accelerator would be one of a handful of ag-focused startup development programs in Iowa. Others include the Ag Startup Engine out of Iowa State University and the Rural Ventures Alliance from Iowa MicroLoan. Matthew Patane is the managing editor and co-founder of Clay & Milk. Send him an email at mpatane@clayandmilk.com.
This Pop-up Is Included in the Theme
Best Choice for Creatives
Purchase Now