Innovation Archive

Innovation Hub Receives $1M EDA Grant for Argenta Center

by Mark Carter 4/27/2015 02:25 pm

The nonprofit Arkansas Regional Innovation Hub has received a $1 million federal grant to complete renovation of its Argenta Innovation Center in downtown North Little Rock, it announced Monday.

Warren Stephens Bets on Startup Roadie Shipping Network

by Jan Cottingham 4/27/2015 12:00 am

Roadie uses the excess capacity of passenger vehicles already on the road to move packages from one point to another. The Roadie mobile app connects drivers with people who need to ship goods to where those drivers are already headed.

Conway Startup Grainster's Boasts Wildly Optimistic Projections

by Mark Friedman 4/27/2015 12:00 am

Grainster, an online grain-trading business based in Conway, launched in August and has since made eye-popping claims of being a $200 million startup and having a potential valuation of $1 trillion in just 14 years.

Innovate Arkansas Accelerating Startup Success in State

by Mark Carter 4/27/2015 12:00 am

Before 2012, Arkansas startup founders looking to join an accelerator program to fast-track their ventures had to look out of state. The ARK Challenge gave them a reason to stay home. The state's first startup accelerator, the ARK was funded into life in 2012 when Innovate Arkansas submitted an application to the $37 million Jobs & Innovation Accelerator Challenge, an effort by the U.S. Department of Commerce to spur job creation within targeted regional industry clusters.

nGage Labs Cuts 15 Jobs in Little Rock, But Still Open for Business

by Mark Carter 4/24/2015 09:38 am

nGage Labs laid off 15 workers last month, but its office in Little Rock remains open, a company spokesman says.

Arkansas State, Harding Teams Take Top Awards at DWR Governor's Cup

by Mark Carter 4/22/2015 02:54 pm

Teams from Arkansas State University in Jonesboro and Harding University in Searcy took top honors at the 2015 Donald W. Reynolds Governor's Cup collegiate business-plan competition awards.

PTI Beaming Over Potential Laser-like Growth

by Sean Beherec 4/20/2015 12:00 am

The launch and demonstration of a new laser technology by Power Technology Inc. of Alexander at the Ron Robinson Theater last month is expected to play an important role in the company's future growth, one of its executives said in an interview.

Patent Primer: A Visit with Jeff Stinson of UALR TechLaunch

by Mark Carter 4/20/2015 12:00 am

Jeff Stinson leads the technology commercialization efforts at the University of Arkansas at Little Rock as director of UALR TechLaunch. He's also executive director of Fund for Arkansas' Future, the state's first private angel fund. Stinson believes startups born of university research can bolster the state's growing tech startup ecosystem. Many Innovate Arkansas client firms are university startups that hatched a patentable idea and commercialized it.

Arkansas Regional Innovation Hub Lauded by Business Facilities Magazine

by Sean Beherec 4/13/2015 12:00 am

The Innovation Hub, located at Broadway and Poplar Streets in North Little Rock, offers several programs to cultivate skills development and entrepreneurship. The hub also hosts events and promotes educational initiatives.

Inuvo, PrivacyStar Announce Move to River Market District

by Mark Carter 4/9/2015 11:46 am

Conway tech firms Inuvo Inc. and PrivacyStar announced Thursday that they will move to the Museum Building in the River Market District of downtown Little Rock. The two firms will take up a combined 26,000 SF.

Asa Hutchinson Wants More Private Venture Capital in Arkansas

by Mark Carter 4/8/2015 02:51 pm

Gov. Asa Hutchinson on Wednesday said he'd love to see the continued evolution of private venture capital in Arkansas to meet the growth of the state's tech startup ecosystem.

CinemaCon 2015 Will Have an Arkansas Flavor

by Mark Carter 4/8/2015 11:31 am

This year's event will feature three Arkansas firms at the CinemaCon trade show, interestingly enough: Power Technology Inc. of Alexander; Weldon, Williams & Lick of Fort Smith; and Klipsch of Hope.

Ex-Im Bank Chair: We're Here to Level Playing Field

by Mark Carter 4/8/2015 09:32 am

In Little Rock Tuesday to speak at the Clinton School of Public Service and tour the Power Technology Inc. laser manufacturing facility in Alexander, U.S. Export-Import Bank chairman Fred Hochberg insisted his job is to level the playing field for American exporters, big and small.

Phyzit App Refines Doctor-Patient Relationships

by Mark Carter 4/6/2015 09:00 am

As with most big ideas, the idea behind Little Rock's Phyzit was hatched when Arkansas Children's Hospital pediatric urologist Stephen Canon realized there had to be a better way. Canon was frustrated with the lack of communication between doctors and patients and set out to improve transitional care management.

Phyzit's 5 Tips for Startup Success

by Mark Carter 4/6/2015 09:00 am

Dr. Stephen Canon and his team at Innovate Arkansas client firm Phyzit offer up their five tips for startup success, plus an important bonus tip.

Tech Talent Development the Next Phase for Innovate Arkansas

by Mark Carter 4/6/2015 12:00 am

Public and private resources such as the Arkansas Economic Development Commission's Innovate Arkansas program have helped bolster tech-based startups by providing quality and sustained mentorship to assist in business and financial model development, along with guidance in preparing those startups to present their products to investors.

Tech Leaders Unite Against Laws They See as Discriminatory

by Arkansas Business Staff 4/1/2015 03:51 pm

Thirty-nine leaders from many of the country's leading tech firms issued a joint letter Wednesday in opposition to Arkansas House Bill 1228 and laws in other states that the group has deemed discriminatory against gays and lesbians.

Power Technology's Illumina Laser Projection System on Full Display

by Mark Carter 3/30/2015 01:31 pm

The Illumina laser projection system from Power Technology Inc. of Alexander represents a potential win-win for movie-goers and theater owners, and that double score was on full display Monday at the Ron Robinson Theater in Little Rock's River Market District.

Strong Suit Clothing Company Dressed for Success With Million-Dollar Investment

by Arkansas Business Staff 3/30/2015 12:00 am

Strong Suit Clothing LLC, which was formed a year ago, recently raised $1 million and will soon have its line in Nordstrom. It also plans to start its own e-commerce website that will be headed by the Arkansas online sales guru John James, a founder of Innovate Arkansas client firm Acumen Holdings of Fayetteville.

Nancy Gray Named New Director of UAMS BioVentures

by Arkansas Business Staff 3/30/2015 12:00 am

Nancy Gray, the new director of UAMS BioVentures, has more than 30 years of experience in biomedical industries, including medicinal chemistry research, management of pharmaceutical research and development, and business operations.