Leopold Center for Sustainable Agriculture

Completed Competitive Grant

Establishing an Iowa Microenterprise Foundation

Project ID: M2008-28

Abstract

An Iowa group was formed to offer funding and advice to small business entrepreneurs with a focus on local food enterprises.

Key Question: Can an Iowa Microenterprise Foundation focused on providing capital and technical assistance to a wide range of small entrepreneurs across Iowa offer effective access to capital financing for local food system entrepreneurs?

Findings: Iowa Microloan can and has developed relationships that culminate in loans and technical assistance to local food entrepreneurs who do not have access to conventional credit.

Lead investigator: Mark A. Edelman, ISU Extension

Year of grant completion: 2010

This competitive grant project was part of the Leopold Center's Marketing Initiative.

Topics: Farmer profitability, enterprise budgets