VENTURE CAPITAL FIRMS IN ARKANSAS

The Seed Capital Investment Program (SCIP)
Fosters the development of innovative technology-based businesses and projects that will stimulate economic growth and industrial competitiveness in Arkansas.  Program Description The Arkansas Science & Technology Authority's Seed Capital Investment Program (SCIP) can provide working capital to help support the initial capitalization or expansion of technology-based companies located in Arkansas. The program can provide working capital up to one-fourth (25 percent) or $500,000 of the company's total financing needs, whichever is less. Investments made by the SCIP fund can be repaid through a variety of instruments, including direct loans, participations and royalties. http://www.ar.us/asta/sed.html