The Targeted Small Business (TSB) Assistance Program supports the creation and expansion of small business that are certified as “targeted small businesses”.

A Targeted Small Businesses Certification  must be approved by the Iowa Department of Inspections and Appeals before applying for or receiving TSB funds.

To be qualified to receive funding, your business must:

  • be located in Iowa
  • be operating for a profit
  • have less than $4 million in annual gross income, computed as an average of the preceding three fiscal years
  • have at least 51% of the business must be owned, operated and actively managed by a female, a minority group member or a person with a disability

Awards are made on a per project basis with the maximum award not exceeding $50,000 for a single project.

To find out more about the program or if you qualify got to: