Hot Springs Sees Boom in Craft Beer Breweries
Tapping into Hot Springs thermal culture, the craft brewing industry in Spa City is hot. read more >
by Jan Cottingham -
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 >
by George Waldon -
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 >
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 >
by George Waldon -
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 >
by George Waldon -
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 >
by Sean Beherec -
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 >
by Sean Beherec -
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 >
by Mark Carter -
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 >
by Mark Carter -
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 >
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 >
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 >
by Luke Jones -
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 >
by Mark Carter -