Small Business Archive

ADFA: Four Funds to Help Grow Startups

by Mark Carter 2/2/2015 12:00 am

The Arkansas Development Finance Authority's Arkansas Venture Capital Investment Trust consists of four funds created to provide a unique set of financial resources for startups.

Spending Your Gasoline Savings (Craig Douglass On Consumers)

by Craig Douglass 2/2/2015 12:00 am

The highest average recorded price of regular gasoline at the pump in Arkansas is $3.97. That pinnacle was reached in July 2008. More important, however, is the fact that only one year ago, the average price was $3.09. And today, the average at-the-pump price of regular is $1.90. There exists in the Arkansas economy today a gas price dividend. And that means weekly consumer savings of at least $15.25. So how are you spending the extra money? Or how should you?

UAMS Startup Receives $14.5M to Help Drug Users Break Addiction

by Arkansas Business Staff 1/29/2015 11:24 am

InterveXion Therapeutics LLC, a University of Arkansas for Medical Sciences BioVentures startup company, has received two federal grants totaling $14.5 million for development of drug therapies that can help methamphetamine drug abusers break their addiction.

Three Tech Firms Moving to Downtown Conway, Plan to Hire 140

by Arkansas Business Staff 1/29/2015 10:44 am

The firms making the announcement with Gov. Asa Hutchinson from downtown Conway were Metova Inc., of Franklin, Tennessee; Atlanta-based Big Cloud Analytics; and Conway's Eyenalyze.

Rod Ford's XCelerate Capital Announces Entrepreneurial Scholarship Program

by Mark Carter 1/27/2015 11:08 am

XCelerate Capital of Little Rock has launched an annual Entrepreneurial Programming Scholarship program to help aspiring entrepreneurs, it announced Tuesday. XCelerate Capital is an early-stage venture fund launched earlier this month by tech founder Rod Ford.

Innovate Arkansas Bringing Iron Yard Coding School to Little Rock

by Mark Carter 1/27/2015 10:15 am

The Iron Yard offers intensive courses in Python, front-end, rails and mobile engineering as well as a startup accelerator, web design and kids classes. Little Rock courses will include front-end, rails and mobile and will begin in mid-2015. The Iron Yard aims to grow developers and help them find jobs after graduation from its courses.

Report: State Jobless Rate Down to 5.7 Percent

by Mark Carter 1/27/2015 09:35 am

Arkansas' unemployment rate fell to 5.7 percent in December, dropping two-tenths of a percentage point from November, according to a report from the state Department of Workforce Services.

Ross Cranford on the Current 'Revolutionary' Climate in Advertising & Marketing

by Arkansas Business Staff 1/26/2015 12:00 am

Before leaving to create his new agency, Ross Cranford worked for 19 years at Cranford Johnson Robinson Woods, starting as a junior copywriter in 1995, then writer, digital creative director, associate creative director, director of strategic planning, vice president for tourism services and member of the board of directors.

Central Arkansas Regains Jobs Lost During Recession

by Arkansas Business Staff 1/26/2015 12:00 am

Metroplan last month released its latest “Metro Trends: Economic Review and Outlook,” which examines what it calls “the new economy” in central Arkansas in the aftermath of the Great Recession.

Moses Tucker Real Estate Looks to Next Generation, Plans for Future

by Sean Beherec 1/26/2015 12:00 am

What appears to an outsider as the simple passing of the family business from one generation to the next wasn't the plan from the beginning.

Arkansas' Biggest Deals of 2014 Soar While Value Slips

by Jan Cottingham 1/26/2015 12:00 am

The mergers and acquisitions spigots were opened wide last year in Arkansas. The number of big deals — those valued at $9 million or more — soared 38 percent, increasing to 101 in 2014 compared with 73 in 2013.

Jacksonville Funeral Home License Suspended in Emergency Action

by Gwen Moritz 1/21/2015 02:42 pm

The Arkansas State Board of Embalmers & Funeral Directors votes for an emergency suspension of the licenses of Arkansas Funeral Care of Jacksonville and its manager, LeRoy Wood, after an inspector testified that she was "taken aback" by the conditions under which bodies were being held.

Agreement Puts Drones Closer to Sky

by Sean Beherec 1/19/2015 12:00 am

A cooperative agreement announced last week between the Federal Aviation Administration and CNN for the company to use unmanned aircraft for news gathering has some operators hopeful for the future.

Finances Force Hoxie To Leave Regional Group

by Mark Friedman 1/19/2015 12:00 am

The city of Hoxie left the Northeast Arkansas Regional Intermodal Facilities Authority, an economic development group, because it couldn't afford the annual fees.

'Distressed' Hazen Team Shines at Youth Entrepreneur Showcase

by Mark Carter 1/16/2015 04:14 pm

A team of youth entrepreneurs who appear ready to sell their wares through online marketplaces like Little Rock's Bourbon & Boots were among the top winners at Friday's Youth Entrepreneur Showcase Expo Day at Park Plaza.

Negotiations for Tech Park Properties Continue

by Arkansas Business Staff 1/15/2015 10:44 am

Little Rock tech park director Brent Birch told the board Wednesday that negotiations for targeted park properties along Main Street in downtown Little Rock are continuing. Birch said he is working with the city on a schedule of available funds to complete the purchase of the proposed properties.

Darrin Williams Appointed to Little Rock Tech Park Board

by Arkansas Business Staff 1/14/2015 03:29 pm

Appointed by University of Arkansas at Little Rock Chancellor Joel Anderson, Williams will complete the term of former board member Bob Johnson, who resigned in November.

LR Startup Looking to Make Merger Matches

by Mark Carter 1/14/2015 10:13 am

Merger Match from Little Rock startup founders and IT consultants Bridget Farris and Alese Stroud seeks to make proper matches out of potential mergers and acquisitions, and when necessary, stop them from happening.

UNC Innovation Chief Addresses Business Leaders at UALR

by Mark Carter 1/13/2015 03:54 pm

Judith Cone, chief innovation officer for the University of North Carolina's flagship campus in Chapel Hill, told leaders of central Arkansas' business community Monday evening that innovation is not a synonym for creativity, but a process.

Asa Hutchinson Taps Leon Jones as Labor Director, Charisse Childers as Career Education Director

by Arkansas Business Staff 1/12/2015 02:24 pm

Gov.-elect Asa Hutchinson has picked Leon Jones Jr. as new director of the Arkansas Department of Labor, and Charisse Childers as the new director of the Arkansas Department of Career Education.