Entrepreneurial Development Center

What is Entrepreneurial Development Center?

Established in 2003, the Entrepreneurial Development Center (EDC) is a not-for-profit organization operating as a business accelerator in Cedar Rapids, Iowa. EDC aims to fuel business growth and contribute to economic development within Iowa's technology corridor and beyond.

The organization's primary mission is to promote economic growth by supporting and expanding entrepreneurial enterprises.

As a collaborative partner, they offer strategic assistance to Iowa-based interstate commerce companies with the goal of creating a powerful economic impact and fostering vital, sustainable communities.

EDC serves a diverse clientele ranging from startups to established businesses, each of which benefits from a tailored level of expertise to help them successfully launch and scale. Their services are meticulously designed to address the unique challenges at different stages of a company’s lifecycle, providing one-on-one professional support from experienced business veterans. This support includes strategic planning, sales team development, leadership mentoring, market research, marketing plan development, operations efficiencies, new product development, finance and budgeting, venture capital access, equity raising, transition, and business planning.

Additionally, EDC facilitates access to financial capital, demonstrated by their fixed investment range of $5,140,000, which facilitates significant business ventures and expansions. With an approach that offers hands-on, collaborative support, EDC stands out as a singular resource in Iowa for such comprehensive entrepreneurial backing.

Entrepreneurs who engage with EDC can also expect ongoing mentoring to help define and achieve their own measures of success, contributing to the greater economic prosperity of the state.