2025-03-17T11:07:41-05:00 2024-06-30 431305800 UHY ADVISORS MIDWEST INC 4200 UNIVERSITY AVE SUITE 410 WEST DES MOINES IA 50266 990 2023-07-01 453690618 BIOCONNECT IOWA BIOC 5152092826 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 PAUL SCHICKLER BOARD CHAIR 5152092826 2025-03-05 1 0 MARK A CRONIN P01742902 5152225680 2025-03-05 2023 2025-03-06 01:10:19Z PAUL SCHICKLER 666 WALNUT STREET SUITE 1285 DES MOINES IA 50309 7697006 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 6 0 0 0 7296291 7632714 0 62525 1348 1767 40500 0 7338139 7697006 384162 698562 0 0 588113 597864 0 0 0 1335580 1513938 2307855 2810364 5030284 4886642 6297217 11193384 88288 120699 6208929 11072685 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 1720451 610000 62525 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. 402063 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. 103123 88562 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. 2225637 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 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 8 0 6 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 STEVEN BRODY CEO AND PRESIDENT 40.00 X 220640 0 7698 STEVEN SMITH COMMERCIAL OFFICER 40.00 X 153840 0 12298 PAUL SCHICKLER BOARD CHAIR 2.00 X X 0 0 0 BILLI HUNT SECRETARY/TREASURER 2.00 X X 0 0 0 MATTHEW WARRENS MEMBER 2.00 X 0 0 0 TIM WHIPPLE MEMBER 2.00 X 0 0 0 DR YE LAO MEMBER 2.00 X 0 0 0 R SCOTT JOHNSON MEMBER 2.00 X 0 0 0 DR ASHTYN ZINN MEMBER 2.00 X 0 0 0 374480 0 19996 2 0 1 0 GROW EMERGING COMPANIES LLC PO BOX 411 VIDA OR 97488 TECHNICAL WRITING SERVICES 444445 1 7632714 7632714 INNOVENTURE CHALLENGE 900099 62525 62525 62525 1767 1767 7697006 62525 0 1767 X 698562 698562 374480 209000 165480 141258 102104 39154 43805 31085 12720 38321 24234 14087 569182 569182 35642 12475 23167 67932 67932 577632 463620 114012 14030 6227 7803 53507 21403 32104 25180 866 24314 1372 34 1338 14450 14450 NETWORKING & OUTREACH 153789 86845 66944 MISCELLANEOUS EXPENSES 1222 1222 2810364 2225637 584727 0 679333 557067 161481 163247 275510 337316 31880 42750 3592 3592 0 0 5113227 10090341 35786 2663 6297217 11193384 52953 119199 4500 1500 30835 0 88288 120699 X 3433910 6836895 2775019 4235790 6208929 11072685 6297217 11193384 X 4886642 -22886 X X 0 1 X 1 1 1 X 1259942 2586865 1800712 7296291 7632714 20576524 1259942 2586865 1800712 7296291 7632714 20576524 20576524 915 71 78 1348 1767 4179 20580703 336025 0.99980 0.99970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3592 3592 0 0 INVESTMENT IN IOWA VENTURE CAPITAL CO-INVESTMENT FUND 10090341 F 10090341 1 BIG DATA IN A BOX 1579 REAGAN DRIVE AMES IA 50010 990930567 25000 0 SBIR FINANCIAL AWARD CELLULAR ENGINEERING TECHNOLOGIES INC 2500 CROSSPARK ROAD E110 CORALVILLE IA 52241 421499806 25000 0 SBIR FINANCIAL AWARD CRITICAL MATERIALS RECYCLING INC 2121 INDUSTRIAL PARK RD BOONE IA 50036 874275592 50000 0 SBIR FINANCIAL AWARD GENVAX TECHNOLOGIES INC 2503 S LOOP DRIVE STE 5446 AMES IA 50010 862613060 25000 0 SBIR FINANCIAL AWARD HERMES BIOMATERIALS INC 536 FARM HOUSE ROAD AMES IA 50011 932633546 50000 0 SBIR FINANCIAL AWARD 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 25000 0 SBIR FINANCIAL AWARD PANI CLEAN INC 2500 CROSSPARK RD E134 CORALVILLE IA 52241 814259701 25000 0 SBIR FINANCIAL AWARD PATHWARE INC 2221 EAST ST STE 208 GOLDEN CO 80401 823442909 100000 0 SBIR FINANCIAL AWARD PRANIONS INC 892 FOREST EDGE CIRCLE CORALVILLE IA 52241 932794062 25000 0 SBIR FINANCIAL AWARD PRESAJ INC 1950 44TH ST SE CEDAR RAPIDS IA 52403 862800795 50000 0 SBIR FINANCIAL AWARD QUANTCAD LLC 1165 OAKES DRIVE IOWA CITY IA 52245 264504634 25000 0 SBIR FINANCIAL AWARD YRIKKA INC 640 WALKER CIR IOWA CITY IA 52245 999999999 25000 0 SBIR FINANCIAL AWARD UPCYCLING 2323 MCKINLEY CIRCLE AMES IA 50010 932874745 10000 0 INNOVENTURE CHALLENGE AWARD REENVISION AG 312 6TH STREET NW NORA SPRINGS IA 50458 861196159 100000 0 INNOVENTURE CHALLENGE AWARD IOWA STATE UNIVERSITY 515 MORRILL RD AMES IA 50111 999999999 88562 0 GRANT AWARD 0 17 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 205500 0 14300 0 840 0 6610 0 1088 0 228338 0 0 0 STEVEN SMITH COMMERCIAL OFFICER 153000 0 0 0 840 0 4590 0 7708 0 166138 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 19,175. MANAGEMENT AND GENERAL EXPENSES 30,051. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,226. SBIR TECHNICAL ASSISTANCE: PROGRAM SERVICE EXPENSES 444,445. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 444,445. CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,961. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,961. FORM 990, PART XI, LINE 9: EQUITY IN NET INCOME OF IVCCF -22,886. 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 10143722 1.00000 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC B 5000000 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC D -2547 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 569182 CASH IOWA VENTURE CAPITAL CO-INVESTMENT FUND LLC E 47432 CASH