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 firm's growth was bolstered by an $82,000 investment from the Arkansas Science & Technology Authority's Seed Capital Investment Program. That investment preceded a $550,000 funding round.
Sales tax is Noel Hamm's art, and Sales Tax DataLink, the Innovate Arkansas client startup based in Bentonville, is his medium. Hamm is having some fun and even more success with sales tax, and his innovations are helping businesses experience less headaches because of it.
Ways to address a growing manufacturing skills gap was the focus of Tuesday's "Jobs Now: Arkansas Works When We Do" summit hosted by the Arkansas State Chamber of Commerce.
Wal-Mart is launching a mobile checking account for its customers that will eliminate some of the fees charged by banks.