Duties and responsibilities of the corporation.

; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; courier new tur ; arial (vietnamese) ; courier new (arabic) ; times new roman ce ; tahoma (vietnamese) ; arial (hebrew) ; times new roman cyr ; courier new greek ; symbol ; tahoma (hebrew) ; arial ; arial baltic ; arial tur ; times new roman (arabic) ; courier new ; imperial bt ; tahoma ce ; wingdings ; tahoma cyr ; times new roman tur ; courier new ce ; tahoma ; courier new (hebrew) ; arial (arabic) ; courier new baltic ; courier new cyr ; times new roman ; tahoma baltic ; tahoma (arabic) ; arial ce ; courier new (vietnamese) ; tahoma (thai) ; times new roman greek ; tahoma greek ; tahoma tur ; times new roman (hebrew) ; times new roman baltic ; times new roman (vietnamese) ; arial greek ; arial cyr ; \* .;
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 ?; ; ; Normal ; heading 1 ; heading 2 ; heading 3 ; heading 4 ; heading 5 ; heading 6 ; heading 7 ; heading 8 ; heading 9 ; Balloon Text ; Block Text ; Body Text ; Body Text 2 ; Body Text 3 ; Body Text First Indent ; Body Text First Indent 2 ; Body Text Indent 2 ; Body Text Indent 3 ; caption ; Closing ; annotation text ; annotation subject ; Date ; Document Map ; E-mail Signature ; endnote text ; envelope address ; envelope return ; footer ; footnote text ; header ; HTML Address ; HTML Preformatted ; index 1 ; index 2 ; index 3 ; index 4 ; index 5 ; index 6 ; index 7 ; index 8 ; index 9 ; index heading ; List ; List 2 ; List 3 ; List 4 ; List 5 ; List Bullet ; List Bullet 2 ; List Bullet 3 ; List Bullet 4 ; List Bullet 5 ; List Continue ; List Continue 2 ; List Continue 3 ; List Continue 4 ; List Continue 5 ; List Number ; List Number 2 ; List Number 3 ; List Number 4 ; List Number 5 ; macro ; Message Header ; Normal (Web) ; Normal Indent ; Note Heading ; Plain Text ; Salutation ; Signature ; Subtitle ; table of authorities ; table of figures ; Title ; toa heading ; toc 1 ; toc 2 ; toc 3 ; toc 4 ; toc 5 ; toc 6 ; toc 7 ; toc 8 ; toc 9 ; \~\~ \~\~ \~\~ \~\~ \~\~ 15.107A \~\~ Duties and responsibilities of the corporation. \~\~ 1. \~\~ The corporation’s board of directors and the chief executive officer shall determine the activities and priorities of the corporation within the general parameters of the duties and responsibilities described in this section and in this subchapter . \~\~ 2. \~\~ The corporation shall, to the extent its articles so provide and within its public purpose, do all of the following with the purpose of increasing innovation in Iowa’s economy, bringing more innovative businesses to the state, and enhancing and expanding the bioscience development platforms: \~\~ a. \~\~ Consult with the Iowa innovation council in the creation of a comprehensive strategic plan as described in section 15.117A, subsection 6 , paragraph “a” .* \~\~ b. \~\~ Act as an innovation intermediary by aligning local technologies, assets, and resources to work together on advancing innovation and the bioscience development platforms. \~\~ c. \~\~ Perform any functions delegated by the authority pursuant to section 15.106B, subsection 2 , paragraph “d” . \~\~ (1) \~\~ In performing such functions, the corporation shall not subcontract the performance of a delegated function except as provided in subparagraph (2). \~\~ (2) \~\~ The corporation may subcontract services under the following conditions: \~\~ (a) \~\~ The services are necessary to accomplish the functions delegated to the corporation. \~\~ (b) \~\~ The contract delegating the function contains a list of the services that may be subcontracted pursuant to this subparagraph (2). \~\~ (c) \~\~ The contract delegating the function requires that any agreement to subcontract a service must be approved by the authority prior to the execution of such an agreement by the corporation. \~\~ d. \~\~ Encourage, stimulate, and support the development and expansion of the state’s economy. \~\~ e. \~\~ Develop and implement effective marketing and promotional programs. \~\~ f. \~\~ Provide pertinent information to prospective new businesses. \~\~ g. \~\~ Formulate and pursue programs for encouraging the location of new businesses in the state and for retaining and fostering the growth of existing businesses. \~\~ h. \~\~ Solicit the involvement of the private sector, including support and funding, for economic development initiatives in the state. \~\~ i. \~\~ Coordinate the economic development efforts of other state and local entities in an effort to achieve policy consistency. \~\~ j. \~\~ Collect and maintain any economic data and research that is relevant to the formulation and implementation of effective policies. \~\~ k. \~\~ Cooperate with and provide information to state agencies, local governments, community colleges, and the board of regents on economic development matters, including the areas of workforce development and job training. 2011 Acts, ch 118, §13, 89 ; 2019 Acts, ch 139, §8, 9 Referred to in §15.107C *Section 15.117A, subsection 6, paragraph a, stricken by 2024 Acts, ch 1170, §152 ; corrective legislation is pending