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
Jack and Corri Sundell, owners of The Root, received a $150,000 grant from JPMorgan Chase. The Root was one of 20 grant recipients in the JPMorgan Chase Mission Main Street program, and the only one in Arkansas.
The Tyson Foods Foundation Inc. and the Tyson family have donated $500,000 to the University of Arkansas System's online university, eVersity.
A cooperative agreement announced last week between the Federal Aviation Administration and CNN for the company to use unmanned aircraft for news gathering has some operators hopeful for the future.
A team of youth entrepreneurs who appear ready to sell their wares through online marketplaces like Little Rock's Bourbon & Boots were among the top winners at Friday's Youth Entrepreneur Showcase Expo Day at Park Plaza.