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Iowa Economic Development Authority·Iowa

Statewide Commercialization Entity

Closes 6/4/2026$500k – $2MRequest for Proposal
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Description

Iowa Economic Development Authority (IEDA) is seeking a qualified service provider to support the statewide commercialization of innovative businesses in three priority sectors – advanced manufacturing, biosciences, and information technology. The contractor will act as a “commercialization entity,” delivering a suite of services that span technical assistance, due‑diligence, mentorship, ecosystem development, program analysis, and post‑award administration. Key responsibilities include: • Conducting due‑diligence reviews and providing technical assistance for applicants to IEDA’s innovation platforms, including preparation for review panels and presentation coaching. • Managing a mentor/expert database, recruiting and coordinating industry mentors, and facilitating outreach across Iowa to promote IEDA programs. • Analyzing existing IEDA financial‑assistance and technical‑assistance programs, identifying gaps, and recommending improvements to enhance commercialization outcomes. • Building and maintaining a statewide innovation‑ecosystem network (universities, investors, service providers) and capturing performance metrics for reporting. • Supporting the State Small Business Credit Initiative (SSBCI) / InnoVenture Fund through evaluation reports and advisory services. • Providing post‑award management, including payment follow‑up, compliance tracking, and CRM/database maintenance.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Lisa Connell(Issuing Officer)

[email protected]

(515) 348-6163

Key dates

Opened
5/14/2026
Questions due
5/22/2026
Closes
6/4/2026
Projected award
6/18/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
269-RFP-2768-2026

Budget estimate

$500,000 – $2,000,000

No explicit budget is disclosed. Based on comparable three‑year state‑wide consulting contracts for economic‑development services, the award is likely to fall between $0.5 million and $2 million, depending on the depth of deliverables, staff‑hour rates, travel, and ancillary costs. The range reflects a modest mid‑size consultancy (≈$150k‑$300k per year) up to a larger firm with extensive ecosystem‑building activities.

AI estimate from the solicitation

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