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IEDA Board - September 29, 2023


Location: 1963 Bell Avenue, Suite 200 – Helmick Conference Room
Public Webinar Access:
Board packet available here.
Date: September 29, 2023 | 9:15 a.m.


Voting Board Members Mark Kittrell – Chair, Emily Schmitt – Vice Chair, Melissa Ballard, Bobbi Bentz, Doug Boone, Mark Kittrell, Pankaj Monga, Hank Norem, Lisa Shimkat, Jennifer Steffensmeier and Thomas Townsend
Ex-Officio Non-Voting Board Members David Barker, Jay Byers, Rob Denson, Senator Izaah Knox, Senator Carrie Koelker, Representative Heather Matson and Representative Ray Sorensen


  1. Board Chair

    Mark Kittrell
    1. Welcome

    2. Roll Call and Introductions

    3. Approval of August 18, 2023 Meeting Minutes

    4. Approval of September 29, 2023 Meeting Agenda

  2. Public Comment Period

    1. A public comment period for the full meeting will be held at this time to accommodate visitors.
      This period is limited to 10 minutes.

  3. Compliance – CONSENT AGENDA

    Mark Kittrell
    1. 120 Day Report

    2. Compliance Report

      1. Sabre Communications Corporation – Sioux City

      2. Spiber America, LLC - Clinton

      3. T. C. and B. Corporate Wearables, Inc. - Perry

  4. Compliance – TCC Recommendations

    Katie Rockey
    1. Groov, Inc. – Clive

    2. TapOnIt – Davenport

  5. Financial Assistance Applications

    1. Ihle Fabrication – Polk City

      Doug Boone
      Roll Call
    2. Merrill Iron & Steel, Inc. dba Merrill Steel- Camanche

      Lisa Shimkat
      Roll Call
  6. TCC Recommendations

    Anna Lensing
    1. America’s Seed Fund: Iowa Outreach Program, f/k/a SBIR/STTR
      Outreach Program

    2. GeoVention, Inc. (Proof of Commercial Relevance)

    3. Salin 247, Inc. (Proof of Commercial Relevance)

  7. Amendments to Rules

    1. Approval to File Notice of Intended Action to Rescind and Replace Renewable Chemical Production Tax Credit Rule, 261 IAC Chapter 81

      Lisa Connell
    2. Approval to File Notice to Intended Action to Amend Tax Credit Rules, 261 IAC Chapters 43, 47, 48 and 116

      Lisa Connell
  8. Innovation Fund Investment Tax Credit Program

    Lisa Connell
    1. Applications for Issuance of Tax Credit Certificates

  9. Investments in Qualifying Businesses Tax Credit Program

    Lisa Connell
  10. Vendor Approval(s)

    Terry Roberson
  11. Budget and Finance Report

    Terry Roberson
  12. Director’s Report

    Debi Durham
  13. America’s Seed Fund: Iowa Outreach Program Presentation

    Anne McMahon, Statewide SBIR/STTR Program Coordinator
  14. Other Business

    1. Next Board Meeting is October 20, 2023

  15. Adjournment

    Mark Kittrell

Please Note:
The meeting will convene no earlier than stated above, but may begin later, depending upon length of earlier meetings. Some members of the board may participate electronically due to travel issues. Agenda items may be considered out of order at the discretion of the Chair. If you require accommodation to participate in this public meeting, call (515) 348-6146 to make your request. Please notify us as long as possible in advance of meeting.
*This meeting will be accessible to members of the public in person at IEDA or click on the link above to request the link to participate in the meeting via Teams. You will be directed to register to receive the link.