UA Startup Mentor Carol Reeves Recognized by Fortune
Carol Reeves, the woman behind the success of business-plan competition teams from the University of Arkansas, has been recognized by Fortune as one of 10 women around the world “Doin’ It for Themselves.” The prestigious list includes celebrity entrepreneurs Chelsea... Read More →
Renovations Taking Place at Arkansas Baptist College
A groundbreaking was held today at Arkansas Baptist College in Little Rock to kick off the renovation and expansion to be completed at the college with the assistance of New Market Tax Credit financing from Heartland Renaissance Fund LLC. The... Read More →
Delta Conference Center to Open in Desha County
Heartland Renaissance Fund announced today that it is financing a new business and community center, lodge, and clay shooting recreational complex in Tillar, Arkansas, using New Market Tax Credits. The Delta Conference Center & Resort will host numerous events, including... Read More →
Small Businesses in the Delta are Receiving More Startup Loan Assistance
An economic study released has shown that the amount of small business loans made to businesses in the Delta have increased dramatically. The study, released by the Delta Regional Authority, notes that the loans funded have already exceed the loan... Read More →
The SBA Lending Arena is Changing
Many sources are reporting that the face of SBA lending is changing. The Orange County Register reports that more and more large banks are veering away from SBA lending while more small, community banks and non-bank lenders are becoming more... Read More →
SBA’s July Web Chat Will Focus on Home-Based Businesses
Bob Wright will be hosting next week’s SBA web chat focused on providing advice for home-based businesses. The chat will be held at noon on Thursday, July 28. Ask any questions you may have prior to the event on SBA’s website.
Open Avenues Builds New Headquarters With Assistance of New Market Tax Credits
Open Avenues, a 501(c) that fosters independent living and work skills for disabled adults, has constructed a new headquarters in Rogers, AR with the assistance of the Heartland Renaissance Fund (HRF) and the New Market Tax Credit (NMTC) Program. The new... Read More →
NMTC Program may be Overhauled
The Treasury Department and the Internal Revenue Service have proposed a set of changes to the New Markets Tax Credit program to encourage more money to go toward non-real estate businesses located in low-income communities.
Advantage Loan Initiatives from the SBA
In an effort to stimulate economic growth and job creation in underserved communities, the SBA introduced two new initiatives this past February. The new Advantage Loan Initiatives offer a “streamlined application process for SBA 7(a) up to $250,000.” These programs... Read More →
Beckmann Volmer Plans New Facility in Osceola, Arkansas
The German based manufacturer, Beckmann Volmer, is set to open its new $10 million dollar facility located in Osceola, Arkansas next spring. The Company manufactures steel components for the wind turbine industry. Beckmann estimates that 300 permanent jobs will be... Read More →