Iowa Innovation Corp seeks fund manager for tech fund
Iowa Innovation Corp seeks a fund manager to oversee a new fund designed to spur tech businesses in Iowa. The fund leverages eight million dollars in annual tax credits, offering a 25 percent credit to investors backing Iowa innovative companies. Responses are due August 19 with work starting after the first week of September.
MENTIONED IN THIS ARTICLE
Iowa Innovation Corp
Iowa
Iowa Economic Development Authority
Karen Merrick
Innovation Corp
Merrick
Iowa Innovation Fund
Apple Developer site remains shut four days after breach
Aimed at about six million developers Apple’s site used for community updates stayed closed on Monday four days after a cyberattack. Apple warned that names mailing addresses and emails may have been accessed while saying sensitive personal information was encrypted. Security experts questioned the comunicado’s clarity.
MENTIONED IN THIS ARTICLE
Boston
Apple Inc
Apple
Charlie Miller
Miller
Classic Enterprises forms to sell vintage cars in Cedar Rapids
Doug Schoon considers leasing space from Curt Eilers for a late model car dealership. Eilers owns the former Duffy’s Collectible Cars site off Interstate 380 and agrees to partner with Schoon. They merge plans after two or three meetings to create Classic Enterprises, a venture selling classic and specialty cars and trucks.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Doug Schoon
Curt Eilers
Eilers
Schoon
Duffy
Duffy Schamberger
Interstate 380
Classic Enterprises opens Cedar Rapids dealership mixing old cars with modern fun
Curt Eilers owner and Doug Schoon general manager unveil Classic Enterprises at 250 Classic Car Ct SW Cedar Rapids. The new shop stocks a 1931 Ford Model A to a 2009 MINI Cooper S while adding free play pinball and automotive themed music to create a nostalgic yet lively showroom. Schamberger sources vehicles from California and Arizona.
MENTIONED IN THIS ARTICLE
Curt Eilerse
Doug Schoone
Classic Enterprises
Cedar Rapids
Classicenterprises.net
Schoon
Schamberger
California
Arizona
Eilers
Corridor startups win state funding for expansion
Five Corridor companies receive Iowa Economic Development Authority support through the demonstration fund to expand into new markets and hire staff. Higher Learning Technologies in Coralville lands 100000, planning 10 new apps this year and 100 by 2014. Kamath Biosciences in Coralville gets 10000 to grow Cardiostrong and sales. FxRedux Solutions in Iowa City secures 150000 for staff. TelePharm in Iowa City gains 25000 to hire and launch nationwide. KemPharm in North Liberty receives 100000 loan for safer CNS therapies.
MENTIONED IN THIS ARTICLE
Iowa Economic Development Authority Board
Higher Learning Technologies
Adam Keane
Coralville
Keane
Kamath Biosciences LLC
Iowa
FxRedux Solutions
Iowa City
Iowa City-based TelePharm
KemPharm
North Liberty
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Michael
Castranova
Sourcemedia.net
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