Business Partners

CIPCO prides itself in the development of successful business alliances and partnerships which have expanded over the years. These partnerships have proven successful in the long term strategic relationships in providing valuable resources and benefits to our member cooperatives as well as the continued success of the Cooperative.

Central Iowa Energy Cooperative - (CIECO) was formed in 1977 as a taxable cooperative and majority owned by CIPCO. CIECO is the parent company for various subsidiary operations to facilitate CIPCO’s diversification program.

Capital Management Associates, Inc. - (CMA) was formed in 1993 as a subsidiary of CIECO to manage the Iowa Capital Corporation fund. The CMA professionals are experts at business valuation techniques and strategic planning. These specialists are knowledgeable in tax, finance and regulatory services for electric utilities. Strategic services also include investment portfolio management, financial modeling and forecasting, venture capital and funding assistance.

CMA Bank Advisors - In 2008, CMA Bank Advisors was developed as a division of CMA as a professional services firm based in Des Moines, Iowa. CMA Bank Advisors provides consulting services to financial institutions. These services include: Mergers and Acquisitions of State and National Banks and Thrift Institutions; Commercial and Agricultural Lending Quality and Compliance; Asset/Liability Management, Policy and Reporting Systems; Human Resources Services; and Information Technology and Project Management.

Dynamic Broadband - is the premier broadband wireless Internet provider in the upper Midwest. This service is many times faster than a typical dial-up connection for both downloads and uploads, making this the ideal service for a business. Dynmamic Broadband provides high speed Internet and data connections, network and IT consulting, and X-Wires Multi-Tenant Management Solutions used for colleges, universities, apartments, retirement villages and the hotel and hospitality markets.

Iowa Area Development Group - (IADG) was organized in 1985 in cooperation with other Iowa generation and transmission cooperatives, rural electric cooperatives and over 40 electrical municipal systems across Iowa. IADG's purpose is to serve businesses interested in expanding or locating within the territories of these member-owned electric cooperatives and municipals by providing site selection services including data on sites, buildings and communities. With IADG’s assistance, investments in local businesses have totaled more than $5 billion and created more than 36,000 new jobs. Financial assistance resources which are made available for economic development projects include state incentive programs, USDA Rural Development funds and venture capital resources.

Iowa Capital Corporation - (ICC) a wholly owned subsidiary of CIPCO, was established as a venture capital fund providing a source of risk capital for promising start up companies in Iowa. The primary goal is to generate positive rate of return and provide resources available to grow Iowa entrepreneurial business. The focus has evolved on young technology companies involved in information technology, biotech, healthcare, telecommunications and scientific instrumentation located primarily in the Midwest. ICC’s philosophy is to allow a company’s management to run day-to-day operations while assisting with long-term strategies and policy through representation on boards or advisory groups.

Myriad Developers, L.C. - is a limited liability company, formed in 1993, as an investment company that finances joint economic development infrastructure within member cooperative service territories. Myriad Developers is a subsidiary of CIECO.