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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 $125,000
  • 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

Program Contact(s)

Jill Lippincott

Adrienne Greenwald, VentureNet Iowa

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