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SSBCI Review Committee - January 16, 2024


Location: 1963 Bell Avenue, Suite 200, Helmick Conference Room
Date: January 16, 2024 | 9:30 a.m.


State Small Business Credit Initiative Committee Members Molly Varangkounh (Chair), David Bernstein, Bill Daly, Liz Hubing, and Donna Ramaeker Zahn


  1. Committee Chair

    Molly Varangkounh
    1. Welcome and Introductions

    2. Roll Call

    3. Approval of November 14, 2023 Meeting Minutes

  2. Public Comment Period

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

  3. 9:40 a.m.: Funding Pipeline Update

    Adrienne Greenwald
  4. 9:45 a.m.: Closed Session*

    Roll Call
    1. Discussion of Information Contained in Applications for Financial Assistance and/or information obtained during Contract administration that IEDA is Required to Keep Confidential

      Adrienne Greenwald
      Roll Call
      1. Stratafolio, Inc.: $250,000 IIA Launch Fund

      2. VIDA Diagnostics, Inc.

        IEDA Compliance
  5. 10:55 a.m.: Open Session

    1. Stratafolio, Inc.: $250,000 IIA Launch Fund

      Roll Call
  6. Other Business

    1. Next SSBCI meeting is March 5, 2024

  7. Adjournment

    Molly Varangkounh

PLEASE NOTE: Agenda items may be considered out of order at the discretion of the chair for each meeting. The meeting will not convene earlier than stated above, but may begin later, depending upon length of earlier meetings and quorum requirements. If you require accommodations to participate in this public meeting, call (515) 348-6199 to make your request. Please notify us at least 24 hours in advance.
*The SSBCI Review Committee may go into closed session pursuant to Iowa Code sections 21.5(1)a, 15.118, 22.7.3, and 22.7.6 to review and discuss records IEDA is required to treat as confidential under Iowa law. This may include trade secrets and/or confidential business and financial information about applicants and industrial prospects with which the Authority is currently negotiating or during administration of a contract executed pursuant to a successful application.