Startup Junkie Foundation launched its Science Venture Studio on Monday, to help startups apply for federal grant funding.
The Walton Family Foundation provided nearly $500,000 in financial aid to start the program. The Startup Junkie Foundation is working in partnership with other groups that include Innovate Arkansas and the Northwest Arkansas Council.
Katie Thompson, the CEO of Rooted Startups, will head the studio. It will be focused on science- and technology-based startups.
“It’s an exciting time to be a part of the entrepreneurial ecosystem in Arkansas,” Thompson said in a news release. “Through helping early stage technology companies access federal research grant funding, SVS will help to retain highly skilled and entrepreneurial people in our communities, grow technologies that can have a global impact and ultimately boost the high-tech economy within our state.
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