Quick Action Closing Fund

Arkansas was one of numerous states that took part in a frenzy of activity aimed at bringing over Chinese companies to set up operations. But a new state law makes clear that such investments are now viewed with suspicion. read more >

The Economic Development Incentive Quick Action Closing Fund disbursed almost $134.8 million between October 2007 and June 2019, state figures show. With such money being spent, we should ask if this program is worth its cost. read more >

Companies that take cash from the Governor’s Quick Action Closing Fund and then fail to deliver on the promises of jobs should expect to repay some of the incentive money. read more >

Boyette was executive director of the Arkansas Industrial Development Commission (now the Arkansas Economic Development Commission) from 1993 to 1997. He went on to become the deputy commissioner for economic development for the Georgia Department of Industry, Trade & Tourism, eventually forming his own economic development consulting company, Boyette Strategic Advisors, and returning to Arkansas. read more >