Arkansas Economic Development Commission
Arkansas Global Cycling Accelerator Launches in Bentonville
Startup Junkie Foundation and UA's Greenhouse Outdoor Recreation Program have launched a 10-week accelerator program to support 10 international startups developing cycling technology. read more >
State Awards $10M in Site Development Grants
Organizations and municipalities across the state received funds to help prepare industrial sites for economic development projects. read more >
Tax Breaks, Land Deals and Barbecue: How Arkansas Attracted Faymonville Group’s Big Investment
The Little Rock Board of Directors approved a resolution permitting the mayor and city clerk to execute an agreement to convey the land, which will be subject to measurable economic development targets. read more >
Specialty Trailer Manufacturer Faymonville Plans First US Facility, 500 Jobs in Little Rock
The $110 million factory project comes after an aggressive recruitment effort by state officials and local economic developers. read more >
Economic Development Leaders Discuss Mississippi County Growth
Economic development leaders throughout Mississippi County gathered Tuesday for a mayor’s summit focused on future growth in the region. read more >
AEDC Launches New Program to Train Economic Developers
The program will be managed by Startup Junkie of Fayetteville and Conductor of Conway, in partnership with AEDC’s Small Business and Entrepreneurship Development Division. read more >
Arkansas Launches ARise Program to Boost Startup Survival Rates
Participants in ARise will receive a variety of continued services for free, including startup consulting and coaching, capital access navigation, a subject matter expert network, industry connections and access to entrepreneurial resources. read more >
by Chloe McGehee -
Specialty Manufacturer Tate Plans Facility in Pocahontas
The 420,000-SF facility will focus on fabricating steel frames for data centers. read more >
Meat Delivery Service Wild Pastures Plans $13M Distribution Center in Clinton
The company's move into a 138,000-SF facility is expected to create 20 jobs over the next two years. read more >
Booming Exports: Arkansas Guns and Ammo Surge in 2023
The state’s top economic developer, Clint O’Neal, called firearms and ammunition a “target industry” for Arkansas. But there’s no question Arkansas-made gun, ammo and accessory sales are booming. read more >
by Kyle Massey -
Brewing Success: Coffee Shops Seen as Spur to Local Development
As new cafes sprout up across the state, they're stimulating the local economy in subtle ways, emerging as hubs for business meetings, networking and community gatherings. read more >
by Chloe McGehee -
High Demand Foreseen for State’s New $10M Site Development Program
The program seeks to accelerate economic development efforts that communities have already started, and with multiple ways to match the funding, the AEDC hopes to reach sites across the state. read more >
by Cooper Gant -
AEDC Launches $10M Site Development Program
The program is designed to enhance industrial site readiness and competitiveness for job-creating projects in Arkansas. read more >
RTX & State Settle Dispute Over Taxes on Missile Sales
The settlement means the state will continue to treat companies’ sales to the federal government as if they were in-state sales for tax purposes, avoiding a possible precedent that could have cost Arkansas millions annually. read more >
by George Waldon -
FR8relay Gets $100K Grant for Testing of Relay Trucking System
The pilot program aims to showcase the practical application and benefits of the company's technology in real-world logistics operations. read more >
AEDC Wins National Award for MWBE Program
Business Facilities honored the AEDC Minority- and Women-Owned Business Certification Program among six state initiatives nationwide. read more >
Unlocking Opportunities with the Arkansas MWBE Matchmaking Event
Esperanza Massana-Crane, the Little Rock marketing pro now nurturing entrepreneurship for the state, is ready to do some matchmaking. read more >
by Kyle Massey -
Canoo: Lesson Learned (Editorial)
The state must be careful when offering financial incentives to companies to locate in Arkansas. read more >
AEDC Awards $8.5M in Federal Grant Money to 17 Communities
AEDC distributed the funds as part of general assistance fund that includes a $17.8 million grant allocation for fiscal 2023. read more >
Reading The Future: Economic Development (40 Years of Arkansas Business)
Investments in roads, bridges and water infrastructure must be a key priority and include developing new and coordinated transit systems. read more >
by George Waldon -