{"id":138502376,"date":"2013-07-17T00:00:00","date_gmt":"2013-07-17T04:00:00","guid":{"rendered":"https:\/\/acccapital.com\/entrepreneurial-system-takes-root-in-arkansas\/"},"modified":"2026-04-02T13:07:08","modified_gmt":"2026-04-02T17:07:08","slug":"entrepreneurial-system-takes-root-in-arkansas","status":"publish","type":"post","link":"https:\/\/acccapital.com\/hi\/entrepreneurial-system-takes-root-in-arkansas\/","title":{"rendered":"Entrepreneurial System Takes Root in Arkansas"},"content":{"rendered":"

You’ve got 60 seconds to pitch your business idea to a few hundred audience members. If they like yours more than others, you\u2019ll get a cash prize. You’ll get a surge of validation that might encourage you to pursue your idea. Most importantly, you might be introduced to people who can help make your dream a reality. That\u2019s the concept behind \u201cGone in 60 Seconds,\u201d which is one of numerous entrepreneur-friendly efforts in the state that didn’t exist a few years ago. Born in August 2011 and held about 10 times across the state so far, \u201cGone in 60 Seconds\u201d gives 20 participants a chance to pitch their ideas before a voting audience. The winner typically wins up to $1,000. As the event\u2019s creator, Jeff Amerine, describes it as \u201ca mating, if you will, of \u2018Shark Tank\u2019 and \u2018American Idol.\u2019\u201d According to David Moody, an entrepreneur who volunteers with the event, the real goal is to get a lot of ideas into the big end of an economic funnel so that startups \u2013 new, scalable companies \u2013 flow out the other side. \u201cGone in 60 Seconds\u201d is one of numerous efforts that are part of what he calls an \u201centrepreneurial ecosystem.\u201d Other parts of that ecosystem include: <\/p>\n