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Rose Schweikhart, right, owner of Superior Bathhouse Brewery, and Jimm Powell, brewer, load 5-gallon kegs onto their delivery truck for delivery to bars and restaurants.
Banking & Finance / Business Services / Construction

Hot Springs Sees Boom in Craft Beer BreweriesLock Icon

Tapping into Hot Springs thermal culture, the craft brewing industry in Spa City is hot. read more >
Larry Morton
Government & Politics / Investments / Legal

Soul of the South Investors Battle Over KMYA License

The broadcast license for KMYA-TV, Channel 49, that Soul of the South Network investors are fighting over was an important piece to a funding puzzle two years ago. read more >
Government & Politics / Investments / Legal

FBI Peers Into Soul of the South Finances

Inquiries about how the Arkansas Development Finance Authority and the Arkansas Economic Development Commission came to invest more than $1.7 million in Soul of the South's short-lived financial fiasco are being made. read more >
Government & Politics / Investments / Legal

Investors Battle Over Valuable Soul of the South License

A schism among Soul of the South investors has erupted into a lawsuit over control of the venture’s most valuable asset: the broadcast license for KMYA-TV, Channel 49. read more >
Ferndale Storage at 27000 Kanis Road.
Business Services / Education / Investments

Storage Development Draws $1.4M Sale (Real Deals)

A 240-unit mini-storage project in west Pulaski County weighed in at $1.4 million, and a 24-unit loft project in downtown Little Rock is under new ownership after a $455,000 foreclosure sale. read more >
Soul of the South CEO Doug McHenry said the board considered wrapping up operations in a meeting last week, but no decision was made.
Government & Politics / Investments / Legal

With Operating Expenses Reduced, Soul of the South’s Future Unclear

The fledgling television network is the subject of at least two lawsuits in federal court and has been notified it owes $250,000 on a loan from the state. But at least one board member says he is hopeful that good things are in the works. read more >
Soul of the South CEO Doug McHenry said he is making changes to try to right the course of the fledgling network, including laying off about a quarter of the staff.
Government & Politics / Investments / Legal

Soul of the South Faces Money Woes, Lays Off Some Workers

Less than two years after the launch of Soul of the South — backed by nearly $2 million awarded by the state — the television network is struggling to pay its bills, laying off employees and fighting at least one lawsuit. read more >
Gene Eagle
Banking & Finance / Business Services / Government & Politics

ADFA Invests $5M in Atlanta’s Noro-Moseley Partners, Early Investor in Acumen Brands

Noro-Moseley is a venture-capital fund that has been increasing its activity in Arkansas. In 2010, it invested $3.5 million in Fayetteville's Acumen Brands. read more >
Government & Politics / Investments / Small Business

ADFA: Four Funds to Help Grow Startups

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. read more >
Julie Mills
Banking & Finance / Business Services / Construction

Homebuilders Association Questions Accounting of Former EVP Julie Mills

The Arkansas Homebuilders Association has asked a Pulaski County Circuit judge to order a former executive to account for certain financial transactions she was responsible for during her tenure. read more >
Gene Eagle
Banking & Finance / Business Services / Government & Politics

Beebe Taps Gene Eagle To Head Arkansas Development Finance Authority

Gene Eagle was recently appointed president of the Arkansas Development Finance Authority by Gov. Mike Beebe, succeeding Mac Dodson, who retired on Jan. 31. The ADFA specializes in low-cost financing for low- to moderate-income housing development, small industries and agricultural businesses. read more >
Former Arkansas Supreme Court Justice Richard Mays is chairman of the Soul of the South network's board.
Construction / Investments / Media & Marketing

Soul of the South Buys Little Rock HQ

Soul of the South, a new television network targeting African-American viewers from Southern states, says it will pump up its Little Rock headquarters in order to expand its national reach. read more >
Demo Day for the first installment of the ARK Challenge business accelerator last November drew a standing-room-only crowd to the Great Hall at Crystal Bridges Museum in Bentonville.
Business Services / Investments / Media & Marketing

ARK Challenge Accelerator Hopes to Continue Success

Later this month, perhaps even as soon as this week, ARK officials hope to name the 10 startup finalists who will relocate to Fayetteville and compete for up to $150,000 available to two overall winners of this mentorship-driven startup boot camp. read more >