Arkansas-Based Seed-Stage Funding Opportunities
Arkansas Science and Technology Authority (ASTA)
The Arkansas Science and Technology Authority offers small grants to help firms defray some of the costs of engaging a professional to help prepare an SBIR or STTR proposal. This same grant program has been used to fund some industry-university research projects. Learn more
Arkansas Development and Finance Authority
The Arkansas Development Finance Authority has a matching fund program, the Arkansas Risk Capital Matching Fund, that targets investments toward technology-based enterprises that are in the early stages of development and are not yet able to attract adequate private sources of traditional financing or venture or investor-backed capital for their growth and development.
Innovate Arkansas is a program of the Arkansas Economic Development Commission and Winrock International that works to promote technology-based innovation and jobs. As part of their efforts, Innovate Arkansas helps prepare entrepreneurs to raise capital.
Fund for Arkansas’ Future
Fund for Arkansas’ Future targets companies with an emphasis on technology or biotechnology, although it will also consider other companies having significant growth potential.
Gravity Ventures, located in Little Rock, is a member-managed seed capital fund that invests in seed and early-stage companies in a variety of industries.
Angel Investors and Venture Capital
Angel groups often invest in pre-revenue companies, but most venture capital firms require that a company have some operating history. Fund for Arkansas’ Future is one of the few organized groups of Arkansas-based angel investors.
One website that allows users to search for angel investors and VC firms by categories such as location, investment size, and industry is Angelsoft.