There is an effort afoot to get together a seed capital fund for communities in Story County outside of Ames. Ames already has one. It is for private investors, and then it has a board that decides which companies deserve funding.
I have heard the details, and it sounds like a good idea for outlying communities. It does not use any public money, but it is a way to help cities attract businesses.
What they are looking for is private citizens who may be interested in investing with this fund, in the hopes that the seed capital in small companies will offer a positive return.
There is a meeting on this coming up if you are interested. It is in conjunction with an Ames Chamber of Commerce meeting. HERE is a flyer if you are interested.
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