Equity Partnership · Iowa

My State LLC Iowa Accelerator

Build your Iowa business with a technical co-founder who takes equity, not hourly rates.

3
Portfolio companies
$30K+
Monthly revenue built
ASAP
Application review

Entrepreneurship in Iowa

83K
Businesses in state
-0.3% YoY
$65
LLC first-year cost
#4 most affordable
Des Moines
Entrepreneurship hub
20K
New business applications (2026 YTD (Jan–Jun))
+12.2% YoY
Des Moines & Iowa City

Iowa produces 16% of US corn, 31% of US pork, and nearly a quarter of US soybean exports — making it ground zero of American food security. Startups solving precision agriculture, supply chain optimization, or sustainable protein here are addressing a $500B+ market with real operational partners who have budgets and urgency.

Agriculture TechnologyInsurance TechnologyFinancial Services
The Opportunity

Des Moines is the nation's most underrated insurtech hub. Principal Financial, Nationwide, and Transamerica are all headquartered here — large carriers actively seeking startup partnerships for claims AI, underwriting automation, and digital distribution. These are paying customers, not advisory relationships.

Built in Iowa

Companies that started here and made it big — proof this market works.

Dwolla (payments)Source AlliesPlex Systems (Iowa operations)
Also notable
WorkivaDwollaGreatAmerica Financial ServicesHogan Lovells IowaSource Allies

Venture Ecosystem

Iowa's startup ecosystem centers on Des Moines and Iowa City. BioCity is a Des Moines life science accelerator; BioVerge provides seed funding for health-tech companies. The Global Insurance Accelerator (Des Moines) is one of the premier insurtech programs in the US, reflecting Iowa's role as the nation's insurance capital — Principal Financial, Nationwide, and Farm Bureau all have major Des Moines presences. Iowa State University's ISU Research Park and the University of Iowa's Bedell Entrepreneurship Learning Laboratory provide university-linked programming. Workiva (Ames) is the ecosystem's most prominent public company graduate. Most later-stage capital comes from Twin Cities and Chicago investors who see Iowa as an undervalued market.

Regulatory Climate

Iowa LLCs pay a $50 formation fee and a $60 biennial report fee due between January 1 and April 1 every odd-numbered year. Iowa has no franchise tax on LLCs. The state's individual income tax has been reduced to a flat 3.8% in 2025 under enacted tax reform — a significant improvement for pass-through LLC income. Iowa has a sales tax of 6% plus local option surtax (typically 1%). No personal property tax on business equipment. Iowa's Research Activities Credit provides a 6.5% research expense credit that benefits early-stage product companies investing in R&D. The Secretary of State processes standard online filings within 3–5 business days through its well-maintained online portal.

What you get

Everything included in the equity partnership.

Full-stack product build
We architect and build your v1 — database, backend, frontend, deployment. You get a production-ready product.
Business strategy & connections
Go-to-market planning, network introductions, and strategic guidance from someone with skin in the game.
Affiliate & service network
Direct access to our network of LLC formation services, registered agents, and business banking partners.

Companies we’ve built

We’ve shipped real businesses across e-commerce, content, and health — here’s a sample.

Snack Plushiessnackplushies.com

Full e-commerce platform — product pages, checkout, inventory, brand identity

$30K+ monthly revenue
Coffee Informercoffeeinformer.com

SEO content platform — programmatic pages, editorial system, organic growth strategy

20,000+ monthly readers
GlaucoProtectglaucoprotect.com

Science-backed supplement brand — site, product architecture, launch infrastructure

Launching August 2026

Our partnership model

We take an ownership stake in your business instead of charging hourly. Our success is tied to yours — when you win, we win.

Tell us what you’re building

Apply for the Iowa Accelerator

We review every application personally and get back to you as soon as possible. We accept a limited number of businesses per quarter.

Current stage *