Three Des Moines-based insurance companies—Delta Dental, Principal Financial Group and American Equity Investment Life—have come together to create an insurance-focused accelerator in Iowa’s capital city. Mike Colwell of the Greater Des Moines Partnership is one of the accelerator’s organizers and says the goal is to raise $1.2 million each year for the program. According to the Des Moines Register, each of the accelerator’s inaugural six companies would receive $20,000 from the fund, with a potential $100,000 after completing the program. The accelerator will likely accept its first class of startups in early 2015. — Source: Des Moines Register
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