Iowa Proof of Commercial Relevance (POCR)

IEDA's Proof of Commercial Relevance program helps Iowa companies with a proof-of-concept validate their market before launch. Awards are up to $50,000 in low-interest loans or royalty arrangements with a 1:2 private-to-public match. Eligible companies are Iowa-registered, have fewer than 500 employees, work in advanced manufacturing, bioscience or information technology, and have at least two co-founders. Applications go through VentureNet Iowa and are decided bimonthly; the next deadline is...