The G2M accelerator provides advanced training, business resources and services to support Iowa startups developing innovative, technology-driven products or services
DES MOINES, Iowa (Jan. 4, 2023) — BioConnect Iowa and its partners announced today that three Iowa companies will take part in the fourth cohort of the Iowa Go-To-Market (G2M) Accelerator.
The following companies have been accepted into the fourth G2M cohort:
- Hexcrete (Ames) — Hexcrete makes harvesting wind energy possible where the demand is high by increasing the hub height of today’s towers by mounting them on a universal platform, reducing the cost of energy for wind farm developers and consumers.
- eLegalls (Ames) — eLegalls automates case assessment and case research for lawyers and equips them with legal analytics to solve their challenges in seconds.
- Farmers and Robots (Dubuque) — Farms and Robots aims to expand the production of food for human consumption in the Midwest by making advanced automation affordable and accessible to family farms.
“We are pleased to see the continuing flow of companies into the G2M program,” said Peter Hong, director of the ISU Startup Factory. “This fourth G2M cohort represents scalable business startups who have gone through the ISU Startup Factory. While G2M is not limited to only ISU SUF graduates, the latest cohort members chose the G2M accelerator as a continuation of the customized mentoring and business development approach they received in the ISU Startup Factory program to help them along the path to commercialization.”
The accelerator is specifically designed to support Iowa companies developing technology-driven innovative products or services that have participated in another incubator, accelerator, or business assistance program, but could benefit from additional focused, customized guidance getting to market.
“In the fast-changing and innovation-driven global economy, we’re proud to partner with ISU Startup Factory and VentureNet Iowa to cultivate an environment where innovation and entrepreneurship thrive in Iowa,” noted Steve Brody, President and CEO of BioConnect Iowa. “As part of a comprehensive strategy to support innovation in Iowa, in partnership with the Iowa Economic Development Authority, and others, BioConnect Iowa has been very deliberate in supporting a number of efforts, such as the Iowa G2M Accelerator, to advance and sustain the commercialization of technological advancements.”
The G2M Accelerator now offers three start dates each year. Registration is now open for the fifth cohort set to begin in May. Cohort members will participate in group workshops, receive one-on-one mentorship and benefit from pro bono business support in a range of areas, including law, finance, branding, marketing, HR and recruiting. For more information or to apply, visit iowag2m.org.
About BioConnect Iowa
BioConnect Iowa works with innovators and entrepreneurs statewide to create a homegrown bioscience industry that is second to none.
Together with the Iowa Go-To-Market program, BioConnect Iowa administers the state’s Small Business Innovation Research and Technology Transfer Outreach Program, providing a gateway to federal funding dollars through America’s Seed Fund Program.
BioConnect Iowa’s goal is to support Iowa’s world-class researchers and innovators on their path towards commercialization in a global marketplace. For more information on BioConnect Iowa, visit bioconnectiowa.org.
About Iowa G2M
The Iowa Go-To-Market (G2M) Accelerator program, a partnership between BioConnect Iowa, the Iowa State University Startup Factory, and VentureNet Iowa, seeks to provide follow-on support for Iowa entrepreneurs who are developing technology-driven innovative products or services and need additional support to increase their likelihood of commercial success. The program provides entrepreneurs advanced training in sales, marketing, corporate development, and finance, and facilitates connections with support services and providers across Iowa. For more information on G2M, visit iowag2m.org.
About VentureNet Iowa
VentureNet Iowa connects ideas to resources, management, and investors, to create jobs and build businesses in Iowa. VentureNet Iowa administers Iowa’s Public Innovation Funds, a series of low interest loans for early stage, Iowa-based small businesses commercializing proprietary technology in the IT, bioscience and advanced manufacturing sectors. For more information on VentureNet Iowa, visit venturenetiowa.com.
About ISU Startup Factory
The Iowa State University (ISU) Startup Factory is an 18-week incubator program operated by the ISU Pappajohn Center for Entrepreneurship. Entreprenurs in the ISU Startup Factory receive formal training, resources, and access to a network of business mentors, with the focus of helping them advance from “tech speak” to “business speak”. For more information on the ISU Startup Factory program, visit isustartupfactory.org.
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