Download pdf: E-Waste Mining Center Digs Up NMTCs
A new electronic waste (e-waste) recycling center under construction in Osceola, Ark., has project partners calling it “the place where the Silicon Valley meets the Mississippi Delta.” Developed by California-based BlueOak Resources Inc. using federal new markets tax credit (NMTC) financing, the BlueOak Arkansas facility will use a high-temperature furnace to extract precious metals found in electronics, such as circuit boards and cell phones. Priv Bradoo, BlueOak’s co-founder and CEO, said that the concentration of precious metals in electronic scrap, such as printed circuit boards, is more than 100 times greater than precious metals in the same amount of virgin ore. With more than 50 million tons of e-waste being generated around the world every year, she said people have a responsibility to recognize these waste streams as a valuable resource. Bradoo said the Osceola facility will be the first of its kind in the United States dedicated to recovering high-value metals from electronic scrap. Once BlueOak begins operations at the end of 2015, it will be able to process at least 15 million pounds of e-waste annually with technology designed to be both efficient and environmentally friendly. “If the BlueOak technology works, it will not only lessen environmental degradation resulting from mining, it will also dramatically lower the amount of harmful pollutants emitted from current recycling processes, as well as drastically reduce the toxic exposure currently confronted by individuals involved in e-waste recycling around the globe–many of whom are already suffering from living in deep poverty,” said Deborah La Franchi, president of National New Markets Funds, which was one of BlueOak’s NMTC allocatees. [Read more…]
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Custom Aircraft Cabinets Success Story Featured on the SBA Website
From SBA.gov:
Paul Reesnes and Michael Gueringer, co-owners of Custom Aircraft Cabinets, are the 2014 Arkansas Small Business Persons of the Year.
Like many American success stories, Custom Aircraft Cabinets, Inc. (CAC) originated from humble beginnings. In 1989, co-owners Paul Reesnes and Michael Gueringer discovered a niche market and began custom-building aircraft cabinets in the garage at Gueringer’s family home in North Little Rock, Arkansas. Their philosophy back then as well as today is three fold: Treat each customer and employee honestly and with integrity, deliver exceptional quality products priced fairly, and exceed all expectations in customer service. [Read more…]
Arkansas Capital Corporation Received Federal Approval for EB-5 Immigrant Investment Program
Pine State Regional Center, an affiliate of The Arkansas Capital Corporation Group (ACCG), has received U.S. Citizenship and Immigration Services (USCIS) approval to operate the only Arkansas-based federal Immigrant Investment Program. USCIS administers the Immigrant Investor Program, also known as EB-5, to stimulate the U.S. economy through job creation and capital investment by foreign investors. Under a pilot immigration program first enacted in 1992 and regularly reauthorized since, certain EB-5 visas also are set aside for investors in Regional Centers designated by USCIS based on proposals for promoting economic growth.The program is administered federally by the USCIS, a division of the Department of Homeland Security. “Pine State Regional Center, as the only EB-5 program based in Arkansas, will sponsor a wide array of commercial projects throughout Arkansas resulting in additional jobs for Arkansans,” said Rush Deacon, acting chief executive officer of Arkansas Capital Corporation. “We are working closely with Arkansas Chambers of Commerce, the Arkansas Economic Development Commission and other local economic development groups to create successful, sustainable industries and jobs throughout the state. Our strong capital position and long operating history in Arkansas will ensure that we have a high probability of economic success in Arkansas.” [Read more…]
Arkansas Capital Corporation Is Pleased to Showcase the Work of Matt McLeod, Tod Swiecichowski and Robert Bean
The Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the September 12th Friday Art Night with works by Matt McLeod, Tod Swiecichowski and Robert Bean in a show titled “Bold Contrasts.” Robert Bean is also the show curator. Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, September 12 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist. [Read more…]
Arkansas Capital Corporation Board Announces Staff Promotions
The board of the Arkansas Capital Corporation Group is pleased to announce the promotion of several employees within the organization. Sam Walls III has been promoted to president and chief operating officer of Arkansas Capital Corporation (ACC) with overall responsibility for all of the organization. Leslie Lane has been promoted to president and chief operating officer of ACC affiliate divisions. Within the ACC lending division, Al Hodge was promoted to executive vice president of lending; Sandra Hairston was promoted to executive vice president of servicing; and Bert King was promoted to senior vice president of servicing. [Read more…]
Arkansas Capital Corporation Is Pleased to Showcase the Work of Spencer Jansen, Sandra Sell and Matthew Gore
The Arkansas Capital Corporation Group (ACCG) is dedicated to helping small businesses and entrepreneurs throughout Arkansas succeed. Arkansas artists are certainly entrepreneurs. In 2013, ACCG began showcasing the work of Arkansas artists in our offices and began hosting open houses open to the public to help support the artists, as well as provide our community of staff, clients and visitors with a chance to be inspired by the art and be able to network at our offices as part of downtown Little Rock’s 2nd Friday Art Night. We are continuing that successful public-artist venture with the June 13th Friday Art Night with works by Spencer Jansen, Sandra Sell, and Matthew Gore in a show titled “Texture, Color and Shape.” The show is being curated by Robert Bean. Whether you are interested in learning more about the many lending products or just need a little visual inspiration, please stop by our offices Friday, June 13 from 5-8 p.m. Light hors d’oeuvres and drinks will be served. The artists will all be at the event to discuss their work, and all work is for sale with proceeds directly benefiting the artist. [Read more…]
Winners of the 2014 Donald W. Reynolds Tri-State Competition Named
BioBotic Solutions Takes Second Place Undergraduate Award

The Arkansas Economic Acceleration Foundation, an affiliate of The Arkansas Capital Corporation Group, is pleased to announce BioBotic Solutions with team members from University of Arkansas and Hendrix College took second place in the Donald W. Reynolds Tri-State Award competition. The competition was held at The Mirage of Las Vegas.
In the undergraduate track, Owlpal Healthcare from the University of Tulsa took first place. In the graduate track, Dragonfly Energy from University of Nevada, Reno, was awarded first place, and Driven Analytics from University of Oklahoma, Norman, was awarded second place. First place winners took home a $30,000 cash prize, a team trophy and individual plaques. The second place winners received a $20,000 prize, a trophy and individual plaques. The team’s’ faculty advisors each earned a $3,500 check. [Read more…]
Watch the 7th Annual Tri-State Awards Dinner
The U.S. Small Business Administration (SBA) selects Capital Business Machines as the Family-Owned Business of the Year
Capital Business Machines, which began its existence since 1929 as Capital Typewriter Company on Main Street in downtown Little Rock, is owned by the Rogers Family, including Brett Rogers, president of the firm, along with his father, Bill, and two brothers, Byron and Bryce. In the fall of 2000, the Rogers family acquired Capital Business Machines with the mission of continuing to provide Arkansas with quality products and excellent customer service. Today, Capital Business Machines continues to offer the latest business technology to customers throughout the state and employs 16 in the daily operations. 
2014 Donald W. Reynolds Governor’s Cup Winners Announced
The 2014 Donald W. Reynolds Governor’s Cup winners are: [Read more…]
2014 Donald W. Reynolds Governor’s Cup Awards Luncheon Scheduled April 9
Who: The Arkansas Capital Corporation and The Arkansas Economic Acceleration Foundation, which manages the Donald W. Reynolds Governor’s Cup, invite the media to attend the event for photo and interview opportunities. Lunch will be provided. What: 2014 Donald W. Reynolds Governor’s Cup Awards Luncheon When: April 9, 2014 at 11:30 a.m. – 1:00 p.m. Where: Wally Allen Ballroom, Statehouse Convention Center, Little Rock, Ark. Why: The Donald W. Reynolds Governor’s Cup is a statewide collegiate business plan competition. This year, 36 teams submitted business plans from 13 colleges and universities from across Arkansas in hopes of winning a portion of the $154,000 prize pool. Winners announced at the luncheon go on to compete in the Tri-State competition in Las Vegas, Nevada, in May with cash prizes of $118,000. Governor Mike Beebe will be speaking at the event. [Read more…]
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