Innovate Arkansas is a state sponsored initiative that was set up in order to assist high-tech and knowledge-based companies through the commercialization process. We are not an Angel group; we do not invest in companies. We can assist Arkansas based companies with finding funds.
With that in mind, Innovate Arkansas has only a couple of stipulations that companies must meet in order to be considered as a client of Innovate Arkansas. The stipulations are that (1) it is a high-tech or knowledge-based company based in Arkansas, and (2) it must be a company that can provide a significant number of Arkansas jobs with a wage base of at least 150% of the current Arkansas individual per capita income.
Once you have completed the application, our team will review your information and contact you for an initial appointment. The turnaround for a review is about 2 weeks.