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ISU research team wins $1 million award for carbon removal plan
An Iowa State University research team has won a $1 million award for its vision to remove carbon from the atmosphere. The ISU research team has developed a demonstration-scale pyrolyzer capable of sequestering thousands of tons of carbon dioxide a year.   The milestone prize from XPRIZE provides $1 million to the carbon removal team…
ISU is hosting a series of workshops for entrepreneurs this Spring
Beginning this week, Iowa State University will be hosting a series of virtual workshops for student entrepreneurs. The “Start Something Series” is designed for student entrepreneurs who are exploring the idea of entrepreneurship and those who want to learn more about marketing their small businesses. A total of six workshops will take place over the…
New Iowa State project will build 3D-printed houses in rural Iowa
Iowa State University recently announced plans to use a giant 3D printer to manufacture affordable homes in rural Iowa. Earlier this month, the ISU College of Design’s 3D Affordable Innovative Technologies Housing Project received a $1.4 million Strategic Infrastructure Program (SIP) grant from the Iowa Economic Development Authority. The grant will fund equipment and materials, including…
ISU and University of Iowa named top entrepreneurship schools by Princeton Review
The Princeton Review and Entrepreneur today announced the results of The Princeton Review's 16th annual ranking of undergraduate and graduate schools for entrepreneurship studies. Iowa State University and the University of Iowa both made the list of top 50 undergraduate schools, ranking at no. 11 and no. 28, respectively. The results are based on a survey the education services company…
ISU to celebrate Women Entrepreneurship Week
Iowa State University will join more than 150 universities and colleges in celebration of Women Entrepreneurship Week happening October 18 to 22. ISU will be holding two events on Wednesday, October 20: Women Who Create Conference   The Women Who Create Conference will bring together women entrepreneurs, women business owners, aspiring entrepreneurs, and individuals for a full day…
Entrepreneurial events happening at Iowa State University this fall
The ISU Pappajohn Center for Entrepreneurship is hosting several events this fall for student entrepreneurs. Here are some the entrepreneurial events happening at Iowa State University this fall. Fall Startup Pitch Competition (Sept. 30) The Startup Pitch Event is hosted every fall by the Iowa State Pappajohn Center for Entrepreneurship. Students have the chance to…
ISU Startup Factory announces its tenth cohort
The Iowa State University Startup Factory announced this month its tenth cohort of entrepreneurs entering the Iowa State-based program. The following are the names of the nine participating startups in the tenth cohort. Frugi Biotechnology Founded by Jared Dopp, Frugi Biotechnology is a paper-based diagnostic that uses synthetic biology to detect pathogens. MacroLei Technologies Founded by…
Iowa State launches first AI graduate program in the state
Starting this fall, Iowa State University will offer a new two-year Master of Science degree program in artificial intelligence administered through the computer science department in the College of Liberal Arts and Sciences. Iowa State’s AI program will target graduate-level students who are interested in learning basic AI and machine-learning techniques. The curriculum will consist…
Iowa State University 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.
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