About the Iowa Economic Development Board

• The Iowa Economic Development Board is a 22 member State board appointed by the Governor, consisting of 15 voting members appointed by the Governor and seven ex-officio nonvoting members.
  
  
• At least nine of the voting members of the Board are required by statute to be actively employed in the private, for-profit sector.
  
  
• Not more than eight of the voting members can be from the same political party.
  
  
• The voting members of the Board are each serving four year terms which expire on April 30, 2010. Action is being taken during the Legislative Session to incorporate staggered terms of service.
  
  
• Beginning with the first appointment to the Board made after July 1, 2005, at least one voting member must be less than 30 years of age at the time of appointment.
  
  
• Each of the following areas of expertise shall be represented by at least one member of the Board who has professional experience in that area of expertise:
  
  1. Finance, insurance, or investment banking
  2. Advanced manufacturing
  3. Statewide agriculture
  4. Life sciences
  5. Small business development
  6. Information technology
  7. Economics or alternative and renewable energy including the alternative and renewable energy sectors listed in section 476.42,(1)”a”
  8. Labor
  9. Marketing
  10. Entrepreneurship