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Venture By the Numbers

1 min read

Buying In

187,543 

the estimated number of Arkansans either very likely or somewhat likely to start or buy a business in the next 12 months
ESRI Business Analyst Market Potential Report, 2023

Secured Capital

Over $105M

The amount of capital funding ASBTDC’s small business clients secured in 2023.

Making the Cut

78%

business survival rate in Arkansas
— Forbes

Arkansas is the

3rd Best

state to start a business.
— Forbes

Seed Money

21 Arkansas companies

won federal seed funding awards to support research and development of innovative technologies in 2023.
— sbir.gov

Job Creators

7,798 

The number of jobs ASBTDC helped Arkansas small businesses create and secure in 2023.

On Diversity

21%

of the 5.9 million employer businesses in the U.S. are minority-owned

6.9%

are Hispanic-owned

22%

are owned by women
— based on the 2022 Annual Business Survey



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