About ICIC

About | History | Board | Team

Iowa Capital Investment Corporation’s goal is to accomplish the purposes expressed in its enabling statute, Iowa Code §§ 15E.61:

To mobilize private investment in a broad variety of venture capital partnerships in diversified industries and locales.
To retain the private-sector culture of focusing on rate of return in the investing process.
To secure the services of the best managers in the venture capital industry, regardless of location.
To facilitate the organization of the Iowa fund of funds in which to seek such private investment and to create interest in such investments by offering state incentives for private persons to make investments in the Iowa fund of funds.
To enhance the venture capital culture and infrastructure in the state of Iowa so as to increase venture capital investment within the state and to promote venture capital investing within Iowa.
To accomplish these purposes in such a manner as to minimize any appropriations by the state of Iowa.