Search Icon

Demonstration Fund

Helping businesses develop and bring new technologies and concepts to market

The Demonstration Fund is designed to provide assistance to companies with market-ready innovative technologies or products that have a clear potential for commercial viability.

  • Assists companies with marketing and business development activities
  • Helps businesses with high-growth potential reach a position to attract follow-on private sector funding
  • Awards up to $100,000
  • Funds are primarily in loans or royalty arrangements with a 1:2 (private:public) match
  • Funds can be used for:
    • Acquiring management/marketing personnel or expertise
    • Purchasing equipment
    • Developing and executing marketing and distribution strategy
    • Creating marketing materials
    • Developing/expanding lead compounds (bioscience - pharmacology)
    • Business model validation and refinement
    • Market feedback on technology and recommended enhancements


  • Iowa-based company with innovative technology solution
  • Fewer than 500 employees
  • Commitment to commercialize product(s) in advanced manufacturing, bioscience or information technology industries
  • Competitive and protectable product, technology or process
  • Product ready for market introduction (exception for bioscience and medical device requiring regulatory approval)
  • Essential management team in place (business development, financial operations and technology) 

How to Apply

  • Applications reviewed on an ongoing basis with funding decisions bi-monthly
  • Submit completed application to the Iowa Economic Development Authority (IEDA)
  • IEDA has engaged the services of VentureNet Iowa to manage the application review process
  • Applicant completes panel review process and presentation to the IEDA Technology and Commercialization Committee (TCC).
Program Contact(s)

Gail Kotval

John LaMarche, VentureNet Iowa
515.471.1965 or 515.471.1300



Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

Drop Us a Line.

Stay Informed.
Sign Up to Receive Updates.
Emails highlighting economic development news, program updates and upcoming events.