Management Talent Recruitment
The Management Talent Recruitment program was created for the recruitment of executive and operations management personnel. New and expanding targeted industries will be provided technical assistance to identify a network of potential human resources appropriate for the business life cycle.
Eligible Applicants
Eligible applicants are for-profit Iowa-based companies with five or fewer years of operating experience, that are: 1) commercializing a new product or process, and, 2) seeking new venture capital financing or equity investment. The company must be classified in one of the targeted industries of biosciences, advanced manufacturing or information technology as defined by the NAICS codes. The applicant must clearly demonstrate how the award will create or strengthen the company management team, the management expertise provided, the skills (including education, training, work experience, and other factors), and the manner in which expertise will be provided to the business. Applications from venture capital companies (NAIC 523910) on behalf of an eligible for-profit business located in Iowa will be considered for funding.
Awards and Spending Guidelines
The maximum award shall not exceed $10,000 for a single project.
Matching Funds Requirement
Companies must match the award with at least two dollars of non-state funding for every one dollar of state funding. No funds that have been generated through any state source can be used as matching funds; federal funding is an eligible match. Funds spent prior to receiving the award cannot be used as matching funds.
To Learn More:
Phone: 515.725.3195
E-mail: innovation@iowalifechanging.com