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IA
Small Business Linked Investments for Tomorrow (LIFT) Program
State linked-deposit program providing reduced-rate capital to Iowa small businesses through local lenders, with half of the available lending funds reserved for businesses at least 51% owned, operated, and actively managed by women, minorities, or persons with disabilities.
About this program
Visit the program website for full details.
Eligibility
Iowa small businesses applying through a local financial institution; half of program funds are reserved for businesses that are 51% or more owned, operated, and actively managed by minorities (among other targeted groups).
Requirements
- Iowa-based small business
- At least 51% minority owned, operated, and actively managed (for the reserved allocation)
- Apply through a participating local financial institution