ADFA

Arkansas Risk Capital Matching Fund

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. ARCMF will target fund investments in technology-based enterprises that are in the early stages of development and not yet able to attract adequate private sources of traditional financing, venture or investor-backed capital for their growth and development. A portion of this fund will be used to validate early stage technology before other investments can be made.

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


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


Enterprise Development
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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
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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
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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.