Innovate Arkansas provides the necessary due diligence required to identify potential new technology products and services, assist the founders or inventors of the products with their business startup and financial support needs, and provide the mentoring needs to move them to commercial enterprises.
- Technology product assessments
- Market feasibility analysis
- Intellectual property advice
- Commercialization strategies
- Business plan development
- Coaching and mentoring assistance
- Product and concept valuation
- Enhance links to existing capital resources
- Early stage investment advice
- SBIR application assistance
- 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
- Utilization of Winrock International’s IP professional network for general IP questions
The $800,000 DOE grant will be matched by $200,000 from Picasolar. Douglas Hutchings, CEO of both Picasolar and Silicon Solar Solutions, said the SunShot awards are the most prestigious and competitive grants a solar startup can receive.
No matter the situation the world's largest retailer involves itself in, rest assured, it will be analyzed, critiqued and questioned to excruciating levels. The latest area is solar power.
The Arkansas Regional Innovation Hub in North Little Rock and its efforts to foster innovation, entrepreneurship and access to the "knowledge" economy were lauded in the just-released 2014 State of the South report from MDC.
Matt Bakke's idea for an "anti-loyalty" program for businesses and consumers led to the founding Fair Share Data in Bentonville and applying for the ARK Challenge's fall installment in Little Rock.