A new investment fund called Nestmint, announced today, will bridge the gap from idea to proof of concept for some of Iowa’s earliest stage startups. Tej Dhawan and Mike Colwell, on behalf of the Greater Des Moines Partnership, will officially announce the fund Wednesday during the Technology Association of Iowa’s i2iowa. “This is not a grant program,” Dhawan told the Des Moines Register. “These are capitalists sitting at the table looking to see how they can make more money.” Investments will be up to about $50,000, with most likely closer to $25,000. — Source: Des Moines Register
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