CONTACT: GEORGE MCCRORY
100 Old Public Library
Iowa City IA 52242
(319) 384-0012; fax (319) 384-0024
Release: Feb. 1, 2000
Pappajohn Entrepreneurial Center offers Seed Capital
IOWA CITY, Iowa -- The University of Iowa John Pappajohn
Entrepreneurial Center is currently accepting applications for Pappajohn Center
Seed Capital Grants. Four $10,000 seed capital grants will be awarded to eligible
entrepreneurial companies over the next two years.
Candidates must meet several eligibility requirements.
First, the candidate must be currently enrolled at the University of Iowa
or be alumni of the UI. Secondly, the company must be located in the Iowa
and must not have plans to relocate the operation to another state over the
next three years. The business must also demonstrate evidence of start-up
activity and significant market potential. Lastly, the seed grant cannot exceed
50 percent of the original capitalization of the business.
The Center will be accepting applications, which includes
a detailed business plan, until
Feb. 29. Center staff and a review committee will make recommendations for
For more information, regarding application procedures
or the application process, please call: (319) 335-1022.