North Iowa Venture Capital Funds invests in biodiesel

By | March 01, 2006
Freedom Fuels announced that North Iowa Venture Capital Funds (NIVCF) would become its latest investor in a Mason City, Iowa, biodiesel plant. NIVCF, an organization comprised of 61 investors, is investing in various north Iowan projects by providing financial and business support to assist in the growth of local companies. NIVCF would not disclose the amount it had invested with Freedom Fuels, but the company has invested over $1 million in six Iowa companies in the past few years. "We are pleased to be a part of new business success that will add to the growth and benefits of living in north Iowa," NIVCF President Bob Lembke said.
 
 
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