The Venture Center of Little Rock on Thursday announced its partnership with Bear State Bank for the 2017 VC FinTech Accelerator, which is sponsored by global technology services provider FIS and held at the Little Rock Technology Park.
Companies to benefit from 12-week VC FinTech Accelerator powered by global technology provider FIS and hosted by the Venture Center in Little Rock are from all over the map. The program launched Monday.
A recent survey by SmartAsset.com of the nation's largest 81 cities confirms the efforts of Little Rock leaders to encourage startup growth. Its ranking of U.S. cities with the lowest startup costs includes Little Rock at No. 7.
The Venture Center has joined the Startup Federation, a global network of entrepreneur centers. The partnership provides members of the Venture Center with access to co-working space, resources, mentorship and connections to capital.
The program is a half-day course that guides participants through the Venture Center's methodology and mission, walking through the steps to take a business from idea "to a scalable, investable venture."
Leaders of the Arkansas Venture Center and the Little Rock Technology Park will set up offices in the former ARK Challenge space on the ground floor of the Block 2 building in the 100 block of East Markham in downtown Little Rock.
Backed by the Nashville Entrepreneur Center, Pre-Flight will be held on Monday nights over a 14-week period beginning Sept. 8 from the Little Rock Regional Chamber of Commerce, which is sponsoring the program.
Joining AVC co-founder, president and CEO Lee Watson on staff are Caroline Ford as director of communications and development and Marshal Kenneday as director of operations. AVC was founded in 2013 and officially launched in May with a $500,000 matching grant from the state.