The Science & Technology division fosters the growth of innovative companies, and products through the use of grants, investments and tax incentives. Incentives are available to businesses that foster high tech, high wage, and high skill jobs and tech-based startup companies with the potential to scale quickly.
The Business & Technology Accelerator grant program was created to partner with an established Arkansas technology-based company to stimulate innovation and growth among the state’s next generation of technology businesses.
The Technology Transfer Assistance grant program assists Arkansas’ enterprises in developing or improving products or processes through the transfer of technical solutions to technology-based, industry-driven problems, thus enhancing that enterprise’s market competitiveness.
Ozark Integrated Circuits has received TDP Funding and Targeted In-House R&D Tax Credits to develop integrated circuits using advanced materials. Read the case study here.
SurfTec has received TDP Funding and the SBIR Matching Grant Program to develop high-performance low-friction surface technology.
Movista has received SCIP Funding and Targeted In-House R&D Tax Credits to commercialize software to manage remote mobile workforces.