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Development Assistance & Funding

Continued growth and development projects are priorities for CIPCO. Joining with our member systems, CIPCO offers a variety of programs and policies to support economic growth in the state of Iowa. CIPCO has established partnerships with a network of companies that assist prospective power customers in property location, financing, and incentive pricing.

 

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Revolving Loan Funds – Individual cooperative revolving loan funds available across Iowa, provide millions of dollars in alternative financing. These flexible financing tools offer low cost financing to assist in project expansions. CIPCO’s revolving loan fund was created to improve the quality of life in rural areas by contributing to long-term improvement in local economies.

 

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Iowa Capital Corporation – A Venture Capital Fund providing a source of risk capital for promising start up companies in Iowa. The focus has evolved on young technology companies located primarily in the Midwest. To learn more about the Iowa Capital Corporation, visit www.cma-inc.net/.

 

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Capital Management Associates – Professional experts at business valuation techniques and strategic planning as well as venture capital and funding assistance. Additional services include investment portfolio management, financial modeling and forecasting. To learn more about Capital Management Associates, visit www.cma-inc.net.

 

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Energy Efficiency/Commercial Application
Assistance
– CIPCO collaborates with its member cooperatives and third party affiliates to help provide comprehensive solutions for their commercial, agricultural and industrial customers. Services can include providing energy consumption and cost estimates, guidance with electro-technology applications, energy audits and incentives for energy efficient equipment. The primary goal of these services is to help businesses manage energy costs to ensure that they remain a viable economic resource for the community.

 

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Iowa Area Development Group - (IADG) was organized in 1985 to solicit new businesses and promote the expansion of current businesses within the service areas of Iowa’s electric cooperatives. The economic development professionals at IADG are uniquely qualified to provide businesses valuable insights about the state of Iowa, communities, business climate and available contacts and resources. To learn more about IADG, visit www.iadg.com.

 

 

Myriad Developers, L.C. - 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, in cooperation with our members, has been instrumental in developing and investing in housing developments and several speculative buildings.  A premier project is the Myriad Technology Plaza, located at the Oakdale Research Park complex in Coralville, Iowa, which consists of four buildings with a total of 44,000 square feet of space.

 

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Central Iowa Power Cooperative • P.O. Box 2517 Cedar Rapids, IA 52406-2517 • Phone: (319) 366-8011 Fax: (319) 366-8626