Arkansas

Looking for financial support to grow your small business in Arkansas? While Arkansas doesn't have extensive grants specifically for hiring, there are still valuable resources available for small business development. Programs like the Arkansas Business and Technology Accelerator Grant offer funding for startups and tech-focused businesses, providing essential support to Arkansas entrepreneurs.

Arkansas Business and Technology Accelerator Grant Program

• Purpose: Supports business and technology initiatives that mentor and accelerate startups across Arkansas.
• Eligibility: Available to businesses in good standing with the Arkansas Secretary of State and involved in mentoring or accelerating startups.
• Benefit: Grants up to $250,000 to support eligible programs.
• Application Process: Apply through the Arkansas Economic Development Commission (AEDC).
• More Info: For application guidelines and eligibility details, visit the AEDC website.

Arkansas grants for small businesses

Though Arkansas may not have specific hiring grants, the Arkansas Business and Technology Accelerator Grant can provide critical funding to help small businesses innovate and grow. These programs are especially beneficial for startups and technology-based enterprises looking to expand their operations within the state.

Other relevant programs in Arkansas

• Arkansas Small Business and Technology Development Center (ASBTDC): Provides free consulting, training, and resources tailored to small business needs across Arkansas. Learn more at ASBTDC.
• Workforce Innovation and Opportunity Act (WIOA): Offers federal funding for workforce training and development programs, which can benefit Arkansas businesses looking to upskill their workforce. Available through local workforce boards.

How to apply for small business grants in Arkansas

To apply for small business grants in Arkansas, start by reviewing the specific eligibility criteria and application steps on the AEDC website. The Arkansas Small Business and Technology Development Center (ASBTDC) can also provide guidance and support through the application process.

Helpful resources for small businesses in Arkansas

• Arkansas Small Business and Technology Development Center (ASBTDC)
  Offers free business consulting, market research, and low-cost training.
• Arkansas Economic Development Commission (AEDC)
  Provides various incentives and support programs for businesses.
• Arkansas Department of Finance and Administration
  Information on tax credits and incentives available to businesses.
• U.S. Small Business Administration - Arkansas District Office
  Offers federal resources, loans, and programs for small businesses.
• Arkansas Procurement Technical Assistance Center (PTAC)
  Helps businesses secure government contracts.
• Innovate Arkansas
  Supports technology-based startups with resources and mentorship.
• Arkansas Capital Corporation
  Provides access to capital and financial resources for small businesses.
• Winrock International's Innovate Arkansas Program
  Assists technology entrepreneurs in turning ideas into viable businesses.
• Arkansas Manufacturing Solutions
  Offers consulting services to improve manufacturing competitiveness.
• Arkansas Chamber of Commerce and Associated Industries of Arkansas (AIA)
  Provides networking opportunities and advocacy for businesses.