Ames Regional Economic Alliance
- Company typePrivate
- Founded1939
- HeadquartersAmes, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Ames Regional Economic Alliance firmographics
Firmographics- Name
- Ames Regional Economic Alliance
- Legal name
- Ames Regional Economic Alliance
- Website
- https://amesalliance.com
- Company type
- Private
- Founded year
- 1939
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Ames Regional Economic Alliance industry classification
Industry- Product category
- Economic Development Services
- NAICS
- Business Associations (813910), Professional Organizations (81392)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Public Workforce Development Programs (WIOA/One-Stop Career Centers) (EDAAAOAA)
- akta.pro secondary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
Keywords
Where Ames Regional Economic Alliance is headquartered
LocationHeadquarters
- HQ city
- Ames
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Ames Regional Economic Alliance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership Dues: Annual membership fees from 750+ member companies ranging from entrepreneurs and small businesses to large corporations and organizations. Provides networking, visibility, leadership opportunities, and access to Alliance programs.
- Event Revenue: Revenue from 200+ annual events including networking events, professional development workshops, speaker programs, policy forums, and annual membership events.
- Business Development Services: Services including business retention and expansion visits, site location assistance, financial incentive packaging, and workforce development program coordination.
- Ames Seed Capital Management: Equity-based investment fund (currently Fund VII) with $4.235M investment commitment from 101 investors. Returns flow to fund members; organization provides operational support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Membership investment varies by organization size and benefits selected |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Ames Regional Economic Alliance product offering
Product offeringCore offering
The Ames Regional Economic Alliance (AREA) is a nonprofit regional economic development organization serving Boone, Greene, Hamilton, and Story counties in Central Iowa. It delivers its offering through 750+ member companies, 200+ annual events, business development services (site location, incentive packaging, retention/expansion visits), workforce solutions (internships, retraining, K-12 programs, talent attraction), and operates the Ames Seed Capital early-stage venture fund investing $50,000-$400,000 in Central Iowa startups.
Product overview
The Ames Regional Economic Alliance (AREA) is an economic development organization offering a portfolio of programs and services rather than a unified technology product. The organization's main offerings include: Traction Magazine (quarterly publication) and AREA Podcast (media content) for communications; Ames Seed Capital (equity investment fund) for startup funding; workforce attraction and development programs including Live Work Play in Ames, AREA Interns, and the Retraining Program; K-12 youth programs including Rising Leaders Academy, Central Iowa Middle School Expo, CropQuest Challenge, Pitch Tank, and National Civics Bee; the Ambassador Program for member engagement; Business Advocacy for policy engagement; Leadership Ames for professional development; and 1 Million Cups Ames for entrepreneurship support. These programs work together to drive economic growth, workforce development, and community vitality across Boone, Greene, Hamilton, and Story counties in Central Iowa.
Differentiator
Problem solved
Functional benefit
Brands
- Traction Magazine: Quarterly publication from the Ames Regional Economic Alliance telling stories about the organization and the Ames region
- Live Work Play in Ames
- AREA Interns
- Rising Leaders Academy
- AREA Podcast
- AREA YP
- Ames Seed Capital
- Central Iowa Middle School Expo
- Crop Quest Challenge
- Pitch Tank
- National Civics Bee
- Teaching for the Workforce
Companies that use Ames Regional Economic Alliance
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles5 records
Ames Regional Economic Alliance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ames Regional Economic Alliance partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, key and supporting.
- Iowa State UniversitycorePrimary strategic partner providing technology transfer, talent pipeline, and research collaboration. Iowa State University is a student-centric leading research university with 30,000+ students and 6,000+ faculty/staff, central to the region's innovation ecosystem.
- Iowa State University Research Parkcore500+ acre technology community and incubator with 100+ tenant companies and 800,000+ sq ft of building space. Home to world headquarters of two publicly traded companies and major R&D facilities.
- Boone County Economic Growth CorporationcoreAffiliate economic development organization serving Boone County's nearly 26,000 residents with workforce population of 684,890. Supports large and small business development.
- Greene County Development CorporationcoreAffiliate organization encouraging proactive business environment and diversified growth in Greene County with strong foundation in agriculture, manufacturing, and small business.
- Hamilton County Growth PartnershipcorePartnership formed in May 2024 between Hamilton County, City of Webster City, and the Alliance to organize and promote economic growth throughout the county.
- Nevada Economic Development CouncilcoreAffiliate organization working with businesses in Nevada, Iowa with population of nearly 7,000 and Regional Workforce Population of 684,890.
- Des Moines Area Community College (DMACC)keyWorkforce solutions partner hosting Retraining Program classes at Ames and Boone campuses. Serves Story and Boone County residents for free job retraining.
- America's SBDC IowakeyIowa State University SBDC center in Ames serves four counties providing business assistance in planning, management, capital, marketing, and international trade.
- Center for Industrial Research and Service (CIRAS)keyIowa State University affiliate helping businesses and communities prosper through tailored solutions. Over 5 years helped 4,600+ businesses with $3.1B economic impact.
- ISU Pappajohn Center for EntrepreneurshipkeySupports entrepreneurship across Iowa since 1996 including ISU students, faculty, alumni, and Iowa innovators through CYstarters, pitch competitions, and ISU Startup Factory incubator.
- Alliant EnergysupportingWorkforce sponsor supporting Live Work Play in Ames programs and workforce pipeline initiatives.
- American Packaging CorporationsupportingWorkforce sponsor supporting workforce solutions and talent attraction programs.
- BarillasupportingWorkforce sponsor supporting Live Work Play in Ames workforce initiatives.
- DanfosssupportingWorkforce sponsor and host of Everbrook Academy childcare facility on its Ames campus.
- McFarland ClinicsupportingWorkforce sponsor supporting workforce solutions and talent attraction programs.
- Ames Main StreetcoreAffiliate organization serving Downtown Ames as a hub for art, culture, retail, and entertainment. Operates the Downtown Ames guiding vision plan.
- AREA Young ProfessionalscoreAffiliate organization founded in 2002 providing forum for networking, professional development, and community partnerships for young professionals.
- The Ames FoundationcoreAffiliate organization serving as catalyst for projects enhancing quality of life for 30+ years, including Ames Miracle League Park and Dog Park.
- Ames Economic Development CommissioncoreAffiliate organization providing site location assistance, financial incentive packaging, and workforce demonstration for Ames and Story County businesses.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Ames Regional Economic Alliance competitors and assessment
Company assessmentDirect peers
- Greater Des Moines Partnership: Regional economic development and chamber organization serving the Des Moines metro and surrounding counties. Comparable as a membership-based, multi-county economic alliance pursuing business attraction, workforce development, and policy advocacy in central Iowa.
- Greater Omaha Chamber: Regional chamber and economic development organization serving the Omaha metro area. Comparable structure combining chamber activities with economic development, talent attraction, and policy engagement.
- Quad Cities Chamber: Regional chamber of commerce serving the Quad Cities area across Iowa and Illinois. Comparable regional alliance with membership, business attraction, workforce programs, and policy advocacy functions.
- Cedar Rapids Metro Economic Alliance: Regional chamber and economic development organization serving the Cedar Rapids metro in Iowa. Comparable multi-county operating model, membership structure, and focus on business growth, workforce, and community development.
Others
- U.S. Chamber of Commerce Foundation: National foundation affiliated with the U.S. Chamber that partners with local chambers on programs such as the National Civics Bee that AREA runs. Comparable as a chamber ecosystem partner rather than direct competitor.
- Iowa State University Research Park: University-affiliated research park and incubator where AREA is a strategic partner. Comparable as an ecosystem enabler supporting tenant companies, but functions as an asset rather than a competing economic development body.
- Mid-America Chamber Executives (MACE): Regional professional association for chamber executives across the Midwest. Comparable as the body that recognized AREA's leadership with the Executive of the Year award; serves as a peer network rather than a direct competitor.
Regional players
- Greater Fargo Moorhead Economic Development Corporation: Regional economic development corporation serving the Fargo-Moorhead metro. Comparable multi-county economic development model focused on business attraction, retention, and workforce development in a Midwestern university-anchored metro.
- Iowa Association of Business and Industry: Statewide Iowa business association. Comparable as an Iowa-based business membership organization providing advocacy and member services, but operating at the state level rather than a specific region.
- Brookings Economic Development Corporation: Regional economic development organization serving Brookings, South Dakota. Comparable small-city economic development entity anchored by a regional university ecosystem with workforce and business attraction programs.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Ames Regional Economic Alliance social profiles
Digital presenceAmes Regional Economic Alliance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ames Regional Economic Alliance leadership team
Management profileNumber of profiles
Profiles16 records
Ames Regional Economic Alliance subsidiaries and ownership
Company hierarchySubsidiaries11 records
Ames Regional Economic Alliance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ames Regional Economic Alliance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ames Regional Economic Alliance
What does Ames Regional Economic Alliance do?
The Ames Regional Economic Alliance (AREA) is a nonprofit regional economic development organization serving Boone, Greene, Hamilton, and Story counties in Central Iowa. It delivers its offering through 750+ member companies, 200+ annual events, business development services (site location, incentive packaging, retention/expansion visits), workforce solutions (internships, retraining, K-12 programs, talent attraction), and operates the Ames Seed Capital early-stage venture fund investing $50,000-$400,000 in Central Iowa startups.
Is Ames Regional Economic Alliance a public or private company?
Ames Regional Economic Alliance is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Ames Regional Economic Alliance founded?
Ames Regional Economic Alliance was founded in 1939. It employs 11 to 50 people.
Where is Ames Regional Economic Alliance based?
Ames Regional Economic Alliance is headquartered in Ames, United States, in the North America region.
How does Ames Regional Economic Alliance make money?
Four revenue lines are on record. Membership Dues are the primary driver. The others are event Revenue, business Development Services and ames Seed Capital Management.
Who are Ames Regional Economic Alliance's main competitors?
Direct peers on record are Greater Des Moines Partnership, Greater Omaha Chamber, Quad Cities Chamber and Cedar Rapids Metro Economic Alliance. Others are U.S. Chamber of Commerce Foundation, Iowa State University Research Park and Mid-America Chamber Executives (MACE). Regional players are Greater Fargo Moorhead Economic Development Corporation, Iowa Association of Business and Industry and Brookings Economic Development Corporation.
Does Ames Regional Economic Alliance have an API?
No public API is recorded for Ames Regional Economic Alliance.
What industry is Ames Regional Economic Alliance in?
Ames Regional Economic Alliance's product category is Economic Development Services. Its primary akta.pro industry code is EDAAAOAA, Public Workforce Development Programs (WIOA/One-Stop Career Centers), with a secondary code of FSANAAAM, Accelerators & Incubators (Investor-Operated). Its NAICS code is 813910 and its SIC code is 8600.