The Iowa Innovation Corporation is the state’s public-private partnership for economic development. Our mission is two-fold:
- Serve as the Iowa Bioscience Development Center (IBDC), bringing together partners from research institutions, global companies, entrepreneurs, investors and government to accelerate bioscience sector growth and development in Iowa and
- Provide support for Iowa entrepreneurs wishing to apply for federal small business grants. We assist companies by providing professional proposal assistance and matching funds for awarded companies.
Creation of the IBDC is one result from a third-party analysis of how to grow Iowa’s bioscience industry, conducted in 2017 by TEConomy Partners, LLC. The IBDC provides strategic leadership and overall coordination of efforts within the state to enhance commercialization of new ideas and technologies in four bioscience platform areas: biobased chemicals; precision and digital agriculture; vaccines and immunotherapeutics; and medical devices.