2024-05-10T13:24:21-05:00 2023-06-30 431305800 UHY ADVISORS MIDWEST INC 4200 UNIVERSITY AVE SUITE 410 WEST DES MOINES IA 50266 990 2022-07-01 453690618 BIOCONNECT IOWA BIOC 5152092826 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 PAUL SCHICKLER BOARD CHAIR 5152092826 2024-05-09 1 PAUL SCHICKLER 999009999 0 MARK A CRONIN P01742902 5152225680 2024-05-09 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAUL SCHICKLER 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 7338139 0 X WWW.BIOCONNECTIOWA.ORG X 2011 IA TO ENHANCE THE BIOSCIENCE-BASED ECONOMIC DEVELOPMENT IN THE STATE OF IOWA AND TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE OF IOWA. 7 7 5 0 0 0 1800712 7296291 0 0 78 1348 3000 40500 1803790 7338139 424996 384162 0 0 549957 588113 0 0 0 609100 1335580 1584053 2307855 219737 5030284 1127931 6297217 12513 88288 1115418 6208929 X BIOCONNECT IOWA'S MISSION IS TO MAKE IOWA A POWERHOUSE OF BIOSCIENCE RESEARCH AND INDUSTRY AND TO CREATE EXCITING AND HIGH-PAYING CAREERS FOR IOWANS WHOSE WORK WILL IMPROVE THE HEALTH AND WELFARE OF PEOPLE AROUND THE GLOBE.IMAGINE AN IOWA WHERE RESEARCH AND INNOVATION LEAD TO VACCINES THAT PREVENT MAJOR DISEASES; ENVIRONMENTALLY FRIENDLY BIOBASED PRODUCTS; MEDICAL DEVICES THAT SAVE COUNTLESS LIVES; AND PRECISION AND DIGITAL AGRICULTURE THAT TRANSFORM FOOD PRODUCTION.THIS IS THE FUTURE OF BIOSCIENCE IN IOWA, AND THE MISSION OF BIOCONNECT IOWA IS TO MAKE IT HAPPEN. 0 0 1287634 300000 SBIR/STTR OUTREACH PROGRAM: BIOCONNECT IOWA MANAGES THIS PROGRAM, FUNDED BY THE IOWA ECONOMIC DEVELOPMENT AUTHORITY (IEDA), WHICH ASSISTS STARTUPS WITH THEIR FEDERAL SOLICITATION APPLICATIONS. AS WELL AS TECHNICAL WRITING ASSISTANCE, BIOCONNECT IOWA PROVIDES SUBSEQUENT MATCHING FUNDS FOR SUCCESSFUL PHASE I SBIR/STTR GRANTEES AND PHASE II SBIR/STTR GRANT APPLICANTS. 133492 84162 IOWA G2M ACCELERATOR PROGRAM: THE IOWA GO-TO-MARKET (G2M) ACCELERATOR PROGRAM PROVIDES "FOLLOW-ON" SUPPORT FOR ENTREPRENEURS WHO HAVE COMPLETED ONE OF THE GROWING NUMBER OF ACCELERATOR PROGRAMS IN THE STATE (OR ARE AT AN EQUIVALENT STAGE FOLLOWING COMPLETION OF A SUCCESSFUL SBIR/STTR PROJECT OR OTHER PROGRAM THAT INCLUDES AN ENTREPRENEURSHIP DEVELOPMENT COMPONENT) BUT WHO NEED ADDITIONAL SUPPORT TO INCREASE THEIR LIKELIHOOD OF COMMERICAL SUCCESS. THE EIGHT-MONTH PROGRAM ALLOWS YOU TO BUILD ON THE FOUNDATIONAL SKILLS YOU'VE LEARNED AND ADVANCEMENTS YOU'VE MADE IN GROUP AND ONE-ON-ONE SETTINGS. THE THREE ELEMENTS INCLUDED IN THE PROGRAM INCLUDE: 1-ON-1 MENTORSHIP, PRO BONO BUSINESS SUPPORT, AND GROUP WORKSHOPS. 414853 PER IOWA CODE, SECTION 15.107, BIOCONNECT IOWA IS CHARGED WITH RECEIVING AND DISBURSING FUNDS FROM PUBLIC OR PRIVATE SOURCES TO BE USED TO ENHANCE BIOSCIENCE-BASED ECONOMIC DEVELOPMENT IN THE STATE AND TO FURTHER THE OVERALL DEVELOPMENT AND ECONOMIC WELL-BEING OF THE STATE. 1835979 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 5 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 X HEATHER THOMAS 5152092826 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 MATTHEW WARRENS MEMBER 2.00 X 0 0 0 TIM WHIPPLE MEMBER 2.00 X 0 0 0 JOHN GREAVES MEMBER 2.00 X 0 0 0 R SCOTT JOHNSON MEMBER 2.00 X 0 0 0 PAUL SCHICKLER BOARD CHAIR 2.00 X X 0 0 0 BILLI HUNT SECRETARY/TREASURER 2.00 X X 0 0 0 REBECCA FUSSELMAN MEMBER 2.00 X 0 0 0 STEVEN BRODY CEO AND PRESIDENT 40.00 X 200840 0 5759 STEVEN SMITH COMMERCIAL OFFICER 40.00 X 150840 0 11632 351680 0 17391 2 0 1 0 GROW EMERGING COMPANIES LLC PO BOX 411 VIDA OR 97488 TECHNICAL WRITING SERVICES 406921 1 7296291 7296291 1348 1348 UNIVERSITY CONTRACTS 900099 30000 30000 SERVICES 900099 10500 10500 40500 7338139 40500 0 1348 X 384162 384162 369071 206040 163031 139140 119247 19893 42439 28805 13634 37463 25463 12000 474318 474318 50477 17667 32810 48110 21110 27000 487912 435634 52278 9851 9851 52110 20844 31266 29199 2823 26376 1127 1127 19468 19468 NETWORKING & OUTREACH 162691 99866 62825 MISCELLANEOUS EXPENSES 317 317 2307855 1835979 471876 0 654120 679333 160134 161481 270622 275510 43055 31880 3592 3592 0 0 5113227 0 35786 1127931 6297217 8013 52953 4500 4500 0 30835 12513 88288 X 1115418 3433910 0 2775019 1115418 6208929 1127931 6297217 X 5030284 63227 X X 0 1 X 1 1 1 X 1422432 1259942 2586865 1800712 7296291 14366242 1422432 1259942 2586865 1800712 7296291 14366242 14366242 1421 915 71 78 1348 3833 14370075 388500 0.99970 0.99960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3592 3592 0 0 INVESTMENT IN IOWA VENTURE CAPITAL CO-INVESTMENT FUND 5113227 F 5113227 RIGHT OF USE LEASE LIABILITY 30835 30835 1 JUGGERNAUT LIFE SCIENCES LLC 2500 CROSSPARK RD W 140 CORALVILLE IA 52241 832437944 25000 0 SBIR FINANCIAL AWARD MTI BIOTECH 2711 S LOOP DRIVE AMES IA 50010 421471592 25000 0 SBIR FINANCIAL AWARD NEOVAXSYN INC 4140 COCHRANE PARKWAY AMES IA 50014 455314782 50000 0 SBIR FINANCIAL AWARD PARAMETRIC STUDIO INC 2625 N LOOP DRIVE STE 2610 AMES IA 50010 475127651 25000 0 SBIR FINANCIAL AWARD SOILSERDEM LLC 3219 ROY KEY AVE UNIT 207 AMES IA 50010 852027010 25000 0 SBIR FINANCIAL AWARD SUPERIOR STATISTICAL RESEARCH 1606 4TH AVE SE SIOUX CENTER IA 51250 821448959 50000 0 SBIR FINANCIAL AWARD ZYMOSENSE INC 2233 MCKINLEY COURT AMES IA 50010 861638180 50000 0 SBIR FINANCIAL AWARD YRIKKA INC 640 WALKER CIR IOWA CITY IA 52245 999999999 25000 0 SBIR FINANCIAL AWARD PATHWARE INC 2221 EAST ST STE 208 GOLDEN CO 80401 823442909 25000 0 SBIR FINANCIAL AWARD IOWA STATE UNIVERSITY 515 MORRILL RD AMES IA 50011 999999999 84162 0 GRANT AWARD 0 10 PART I, LINE 2: FOR THE SBIR/STTR GRANT FUNDS, BIOCONNECT IOWA (BCI) FOLLOWS THE ADMINISTRATIVE RULES AND PROCESSES AS ESTABLISHED BY THE IOWA ECONOMIC DEVELOPMENT AUTHORITY (IEDA). ELIGIBLE APPLICANTS MAY SUBMIT APPLICATIONS TO THE AUTHORITY FOR FINANCIAL ASSISTANCE. TO BE ELIGIBLE, AN APPLICANT MUST MEET THE REQUIREMENTS: 1. THE APPLICANT MUST BE AN INNOVATIVE BUSINESS AND 2. THE APPLICANT MUST HAVE A REASONABLE LIKELIHOOD OF RECEIVING SBIR/STTR GRANT FUNDS, MUST BE LIKELY TO STIMULATE SUBSEQUENT INVESTMENT BY INDUSTRY, VENTURE CAPITAL, AND OTHER SOURCES, AND MUST BE LIKELY TO COMMERCIALIZE SOME PROMISING TECHNOLOGY. THE APPLICATIONS WILL RECEIVE AN INITIAL REVIEW TO CONFIRM PROGRAM ELIGIBILITY BEFORE BEING SENT TO THE COMMITTEE FOR RECOMMENDATION ON FUNDING. THE COMMITTEE WILL PROVIDE ITS RECOMMENDATION TO THE BOARD FOR A FINAL DETERMINATION ON THE PROVISION OF FINANCIAL ASSISTANCE. THE BOARD MAY APPROVE, DENY, OR DEFER EACH APPLICATION FOR FINANCIAL ASSISTANCE UNDER THE PROGAM. THE BOARD WILL CONSIDER APPLICANTS FOR FINANCIAL ASSISTANCE ON A FIRST-COME, FIRST SERVED BASIS. IF THE BOARD APPROVES FUNDING FOR AN APPLICANT, THE AUTHORITY WILL PREPARE A REQUIRED AGREEMENT SPECIFYING THE TERMS AND CONDITIONS UNDER WHICH THE FINANCIAL ASSISTANCE IS TO BE PROVIDED TO THE APPLICANT. THE GRANTEE WILL SEND BCI A COMPLETED PROJECT TIMELINE/AWARD FORM, AND BCI PROVIDES THE FUNDS TO THE GRANTEE. THE FOLLOWING MONTH, BCI SENDS AN INVOICE TO IEDA FOR EACH AWARD GRANTED DURING THE PREVIOUS MONTH ALONG WITH THE RESPECTIVE AWARD FORM TO BE REIMBURSED BY IEDA. X 0 0 0 0 0 0 0 0 0 STEVEN BRODY CEO AND PRESIDENT 190769 0 0 0 10071 0 4917 0 842 0 206599 0 0 0 STEVEN SMITH COMMERCIAL OFFICER 146538 0 0 0 4302 0 4501 0 7131 0 162472 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS E-MAILED TO THE BOARD MEMBERS FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS MUST OPENLY DISCLOSE A POTENTIAL, REAL OR PERCEIVED CONFLICT OF INTEREST TO A MEMBER OF THE GOVERNANCE COMMITTEE AS SOON AS THE ISSUE ARISES AND BEFORE THE BOARD OR ITS COMMITTEES MAKE ANY DECISIONS WHICH INVOLVE A POTENTIAL CONFLICT. IF THERE IS ANY QUESTION OF DOUBT ABOUT THE EXISTENCE OF A REAL OR PERCEIVED CONFLICT, THE GOVERNANCE COMMITTEE WILL DETERMINE BY MAJORITY VOTE IF A CONFLICT EXISTS. THE PERSON POTENTIALLY IN CONFLICT SHALL BE ABSENT FROM THE DISCUSSION AND VOTE. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B) HAS READ AND UNDERSTAND THE POLICY; C) HAS AGREED TO COMPLY WITH THE POLICY; AND D) UNDERSTANDS THAT BIOCONNECT IOWA IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 BIOCONNECT IOWA MAKES THE ARTICLES OF INCORPORATION AVAILABLE TO THE PUBLIC UPON REQUEST. THIS DOCUMENT IS AVAILABLE FOR THE SAME PERIOD OF TIME AS DESCRIBED IN THE INTERNAL REVENUE CODE SECTION 6104(D) FOR OTHER PUBLIC DISCLOSURE DOCUMENTS. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 26,150. MANAGEMENT AND GENERAL EXPENSES 52,278. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,428. SBIR TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 409,484. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 409,484. FORM 990, PART XI, LINE 9: EQUITY IN NET INCOME OF IVCCF 63,227. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 883545890 INVESTMENT FUND IA BIOCONNECT IOWA C 5161582 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC B 5050000 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC D 5210 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC N 0 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC O 0 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC P 474318 CASH