Grant
AEDC Awards $2M to 12 Startup Accelerator Programs
Open Now
About
The Arkansas Economic Development Commission (AEDC) is offering $2 million in funding to support 12 startup accelerator programs in Arkansas, aimed at fostering technology product development and creating high-skilled jobs, providing mentorship and resources to help startups grow and thrive in the local economy.
Benefits
- 💰 Financial Support
- Funding to expand the accelerator program scale
- 🎓 Mentorship Program
- Access to business and technical guidance for startups
- 🌐 Economic Development
- Contributes to local economic growth and entrepreneurship ecosystem development
Eligibility Criteria
- 🌍 Geographic Eligibility
- Open to organizations based in Arkansas
- 🏢 Legal Status
- Must have a good credit record with the Arkansas Secretary of State
- 💼 Program Requirements
- Must provide a full-time immersive accelerator program
- 📈 Compliance
- Must comply with Arkansas regulations and credit standards
Participation Commitments
- 📍 Program Implementation
- Must implement a full-time immersive accelerator program
- 🎤 Reporting Requirement
- Must provide reports on the use of funds and program outcomes
Target Region
Arkansas
Target Sector
Technology development and startup acceleration
Arkansas Economic Development Commission (AEDC)