The Arkansas Risk Capital Matching Fund (ARCMF) works to strengthen and advance the financial infrastructure that supports and accelerates the growth of technology-based enterprises in Arkansas. The fund targets investments from the fund toward those technology-based enterprises that are in the early stages of development and are not yet able to attract adequate private sources of traditional financing or venture or investor-backed capital for their growth and development. A portion of this fund is also used to validate early state technology before other investments can be made.

Eligibility
 We encourage applications from entrepreneurs involved with technology-based enterprises.

Technology Validation
 ARCMF currently makes available matching funds of up to $100,000 from the Technology Validation Account.

Enterprise Development
 ARCMF currently makes available matching funds of up to $750,000 from the Enterprise Development Account to augment investments proposed or made by angel or other institutional investors.

Form of Investments
 
Financial assistance from the Technology Validation Account and the Enterprise Development Account may be in the form of equity capital or near equity capital as defined below:

Apply for Matching Funds
 
The application for matching funds involves a multi-step process depending on the request being from the Technology Validation Account or the Enterprise Development Account.

Arkansas Risk Capital Matching Fund Application - fillable pdf

Contact: Brad Henry, ADFA Vice President of Development Finance - 501-682-5901

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