Capital: We typically invest $100,000 - $250,000 for a minority position in each company. We typically purchase Preferred Stock but also purchase Common Stock and participate in Convertible Notes depending on the opportunity.
Target Opportunity: We focus on Iowa-founded businesses that can create rapid value growth in the advanced manufacturing, bioscience, and information technology sectors. We invest in pre-revenue, early revenue, and growth stage opportunities.
Post-Close Role: For pre-revenue and early-stage investments, through our relationship with EDC, Inc., we take an active role in the guidance of the business by serving on the company's board of directors and providing hands-on help at all growth phases and in all disciplines as needed to maximize the success of the business, its founders, and its investors. For later-stage investments, we typically get involved at the board level with either a board seat or observation rights.