New investment fund, Nestmint, helps earliest stage Iowa startups

A new investment fund called Nestmint, announced today, will bridge the gap from idea to proof of concept for some of Iowa’s earliest stage startups. Tej Dhawan and Mike Colwell, on behalf of the Greater Des Moines Partnership, will officially announce the fund Wednesday during the Technology Association of Iowa’s i2iowa. “This is not a grant…

A new investment fund called Nestmint, announced today, will bridge the gap from idea to proof of concept for some of Iowa’s earliest stage startups. Tej Dhawan and Mike Colwell, on behalf of the Greater Des Moines Partnership, will officially announce the fund Wednesday during the Technology Association of Iowa’s i2iowa. “This is not a grant program,” Dhawan told the Des Moines Register. “These are capitalists sitting at the table looking to see how they can make more money.” Investments will be up to about $50,000, with most likely closer to $25,000. — Source: Des Moines Register

 


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This story is part of the AIM Archive

This story is part of the AIM Institute Archive on Silicon Prairie News. AIM gifted SPN to the Nebraska Journalism Trust in January 2023. Learn more about SPN’s origin »

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