Become a Client
For potential clients to participate in Innovate Arkansas:
- The client must be located in Arkansas
- The companies created must provide Arkansas jobs with wage bases of at least 150 percent of the current Arkansas individual per capita income
Three Easy Steps
Because Innovate Arkansas uses Gust to manage our submission process, the first step for a potential client to make is to log in to Gust as an entrepreneur. Complete the application, and submit it. Please include as much information as possible; the application can be saved and modified as needed. You may also contact the Innovate Arkansas team with any questions that may arise during the submission process or if you would like to receive a Non-Disclosure Agreement prior to submitting that application.
After you have submitted your application and any pertinent documents, the Innovate Arkansas team will review your information and contact you with further questions or to schedule a meeting. If Innovate Arkansas determines that the enterprise fits the requirements as indicated above, a client agreement will be offered to the potential client.
When Innovate Arkansas receives the signed client agreement, the commercial enterprise will then be considered an Innovate Arkansas client.
Innovate Arkansas Client Benefits
Benefits of becoming an Innovate Arkansas client are numerous.
- Technology product assessments
- Market feasibility analysis
- Intellectual property advice
- Commercialization strategies
- Business plan development
- Coaching and mentoring assistance
- Product and concept valuation
- Enhanced links to existing capital resources
- Early stage investment advice
- Small Business Innovation Research (SBIR) application assistance
- Small Business Technology Transfer (STTR) application assistance
- Federal, state and local grant assistance
- Second- and third-stage financing assistance
On-the-Shelf Intellectual Property Development:
- Identification of on-the-shelf IP
- Negotiation of control of on-the-shelf IP
- Matching on-the-shelf IP with serial entrepreneurs
- On-the-shelf IP development
- Use of Winrock International’s IP professional network for general IP questions
In reality, innovative research with world-changing implications happens every day in our universities and private companies. But what good is the best research discovery, technology or innovation if it never leaves the lab?
Nancy Gray, the new director of UAMS BioVentures, has more than 30 years of experience in biomedical industries, including medicinal chemistry research, management of pharmaceutical research and development, and business operations.
Strong Suit Clothing LLC, which was formed a year ago, recently raised $1 million and will soon have its line in Nordstrom. It also plans to start its own e-commerce website that will be headed by the Arkansas online sales guru John James, a founder of Innovate Arkansas client firm Acumen Holdings of Fayetteville.
Gov. Asa Hutchinson on Thursday announced Mike Preston as the new executive director of the Arkansas Economic Development Commission. Preston previously served as director of government relations for Enterprise Florida.