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SSBCI Review Committee - March 5, 2024

Details

Location: 1963 Bell Avenue, Suite 200 Mississippi Conference Room
Date: March 5, 2024 | 9:30 a.m.

Attendees

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

Agenda

  1. Committee Chair

    Molly Varangkounh
    1. Welcome and Introductions

    2. Roll Call

    3. Approval of January 16, 2024 Meeting Minutes

      Action
  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
    Information
  4. 9:45 a.m.: Closed Session*
    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. 9:50 a.m.: MakuSafe Corp - $500,000 IIA Propel Fund

    2. 10:50 a.m.: Cellular Engineering Technologies, Inc. -$250,000 IIA Launch Fund

  5. 11:35 a.m.: Open Session

    Action
    1. MakuSafe Corp - $500,000 IIA Propel Fund

      Roll Call
    2. Cellular Engineering Technologies, Inc. – $250,000 IIA Launch Fund

      Roll Call
    3. - BREAK -

  6. 12:10 p.m.: Closed Session

    Roll Call
    1. 12:10 p.m.: PigEasy, LLC - $250,000 IIA Launch Fund

      Adrienne Greenwald
    2. 12:55 p.m.: ReEnvision Ag, Inc. - $175,000 Demonstration Fund

    3. 1:25 p.m.: Pitchly, Inc. – Request to Pause Payment

      IEDA Compliance
  7. 1:35 p.m.: Open Session

    Action
    1. PigEasy, LLC - $250,000 IIA Launch Fund

      Roll Call
    2. ReEnvision Ag, Inc. - $175,000 Demonstration Fund

      Roll Call
    3. Pitchly, Inc. – Request to Pause Payment

      Roll Call
  8. Other Business

    Next SSBCI Committee Meeting is May 14, 202

  9. 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.

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