New Iowa ag-tech startup accelerator under development

, 11:49 a.m. CST January 22, 2016

Iowa would have another startup accelerator if the Greater Des Moines Partnership has its way. The Partnership, the largest business group in central Iowa, is working to develop an accelerator that would focus on agriculture-technology companies.

Startup accelerators typically put new ventures through three months of fast-paced business development. The accelerators provide seed money in exchange for a piece of each company. At the end, entrepreneurs usually show off their work during a “demo day” in front of peers and potential investors.

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