Providing Capital to Arkansas Startups

Project Title: Innovation Fund Seed Support

Access to capital is critical to small business, especially in the Mississippi River Delta region. The Innovation Fund Seed Support project seeks investments to grow the resources of the Arkansas Innovation Investment Fund, which, along with ancillary entrepreneurial projects, provides free training, mentoring and funding for early-stage Arkansas startups. Together with the Delta Innovation Fund and Arkansas Innovation Fund, the Innovation Fund Seed Support project is expected to assist 103 proof-of-concept companies, support 155 jobs, attract five corporate investors that will invest $3.5 million, and invest up to $50,000 in seed capital in participating companies.

Funder: U.S. Department of Commerce Economic Development Administration (EDA)
Project Start: 10/09/2017
Project End: 12/31/2020

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