Across the globe, industries are still reeling from the effects of the COVID-19 pandemic, which has disrupted supply chains, limited operations or shuttered businesses altogether. Arkansas is no different, having seen restaurants and other businesses have operations reduced in an…
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Arkansas Economic Development Commission
- AMP NewsBusinessEducationSports/Outdoors
Wildlife Conservation Grant Applications Open for Fiscal Year 2021
by AMP Staffby AMP StaffApplications are now open for wildlife conservation grants. The Arkansas Economic Development Division of Rural Services has more than $735,000 available through the grant program. The application for grant funding is open through Oct. 8. Drawn from fines collected by…
- AMP NewsBusiness
Koppers Plans $23 Million Investment in North Little Rock Plant
by Tyler Haleby Tyler HaleKoppers will be investing more than $20 million into its Arkansas operations and increasing its workforce in North Little Rock. The Pittsburgh, Penn.-headquartered company announced that it is committing at least $23 million to upgrade its North Little Rock facility.…
- AMP NewsPolitics
Twenty-Three Arkansas Communities Receive $7 Million in CDBG Funding
by AMP Staffby AMP StaffTwenty-three communities have received funding from the Arkansas Economic Development Commission (AEDC) through the Community Development Block Grants (CDBG) program. In total, the Arkansas communities received $7,162,966. These funds were provided as part of the General Assistance allocation, which assists…
- July 2020Magazine
Bridging the Gap: Relief Funds Providing Lifeline for Many Small Businesses
by Mark Carterby Mark CarterThe patrons outside the Oark General Store and Café in northern Johnson County on an unseasonably cool June afternoon aren’t waiting to get inside for a seat. And most of them aren’t local. They’ve staked out their spots at picnic…
Mike PrestonArkansas Secretary of CommerceExecutive Director, Arkansas Economic Development Commission Gov. Asa Hutchinson appointed Preston executive director of the Arkansas Economic Development Commission (AEDC) in March 2015 and Secretary of Commerce in July 2019. Preston is highly regarded as a…
- AMP NewsEducationTechnology
State Receives $20 Million Grant to Develop Computing Network for Data Analytics
by AMP Staffby AMP StaffArkansas will be receiving $20 million to develop a computing network designed for data analytics. The National Science Foundation’s Established Program to Stimulate Competitive Research (EPSCoR) has awarded a five-year grant worth $20 million to build the computing network. The…
Arkansas communities have received more than $317,000 in funding through the Arkansas Economic Development Commission (AEDC). AEDC Division of Rural Services awarded approximately $317,500 to 39 counties and communities in Arkansas as part of two grant programs. In total, the…
- AMP NewsBusiness
In Less Than a Day, Applications for Business Grants Closed Due to High Demand
by Tyler Haleby Tyler HaleOn Wednesday, April 29, Gov. Asa Hutchinson unveiled the Arkansas Ready for Business Grant program. Designed to aid businesses as they recover from the COVID-19 pandemic, the program aims to provide grants of up to $100,000 to Arkansas businesses. A…
As the state of Arkansas prepares to reopen its economy, Gov. Asa Hutchinson announced the Arkansas Ready for Business $15 million grant program to assist businesses in the process and, hopefully, build consumer confidence. The grants are being administered through…