Proof of Commercial Relevance (POCR) Loan
Funding Amount
$25,000
Deadline
Rolling / Open
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Market analysis
- Intellectual property (IP) development and evaluation
- Proof of concept work
- Product refinement
Overview
A loan program administered by the Iowa Economic Development Authority (IEDA) to support early-stage commercialization activities for Iowa startups.
Geographic Scope: Iowa
Administering Agency: Iowa Economic Development Authority (IEDA)
Eligible Uses:
- Market analysis
- Intellectual property (IP) development and evaluation
- Proof of concept work
- Product refinement
- IP portfolio expansion
Recent Examples:
- Classroom Clinic: $25,000 for market analysis and IP development and evaluation
- FBB Biomed: $25,000 to expand intellectual property portfolio
- Janas Materials Inc.: $25,000 for IP development and evaluation, proof of concept work and product refinement
Eligibility: Iowa-based startups and small companies (examples include G2M accelerator participants, ISU spin-offs)
Review Process: Awards recommended by Technology Commercialization Committee and approved by IEDA Board
What Bioconnect Iowa actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 1
- Total given
- $16K
- Median grant
- $16K
- By dollars: Iowa 100%. Top recipient cities: Ames, IA.
Example grants
Iowa State University · Ames, IA
Grant award
$16K
Focus Areas & Funding Uses
Fields of Work
- Startups
- Small businesses
Categories
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