Why Arkansas is the Perfect Startup State

When you think of startup hotbeds, Silicon Valley or New York typically comes to mind. While these cities have been profitable locations for the beginning of countless businesses, they’re also expensive and increasingly oversaturated. Alternatively, Arkansas offers ample investors, seasoned mentors and low business costs – which is bringing people from all over the world to take advantage of the amazing startup opportunity the state provides. Here are three reasons Arkansas calls out to entrepreneurial spirits and has become one of the nation’s startup communities to watch: Arkansas is home to plenty of investors. With corporate giants like Wal-Mart, Tyson Foods and J.B. Hunt, as well as organizations like Winrock International, Gravity Ventures, Fund for Arkansas’ Future – and of course, Arkansas Capital Corporation Group – opportunities abound for finding the capital you need to start your business. There are countless startup resources. Organizations, conferences and educational opportunities geared toward entrepreneurs and startups aren’t hard to find, especially in the northwest and central Arkansas communities. Check out these:

• Startup organizations – The Venture Center, Little Rock Technology Park, AR Innovation Hub, Innovate Arkansas, Startup Arkansas, Noble Impact
• Conferences/Programs – Made by Few, One Million Cups
• Contests – Designed by Few, G60 Pitch Contests, Startup Weekends, Donald W. Reynolds Governor’s Cup, Donald W. Reynolds Tri-State Competition, Youth Entrepreneur Showcase (Y.E.S.) for Arkansas Business Plan Competition

The startup community is extremely supportive. Arkansas startups and startup organizations actively work to foster a supportive community amongst each other, creating an environment where young and old, new and experienced entrepreneurs are encouraged in their ventures. If you’re remotely thinking about starting a new business in Arkansas, particularly in the central and northwest regions, use the resources above to seriously look into it. With all the amazing tools and support available in your own backyard, the only thing holding you back from beginning is yourself.