Fostering Economic Growth: AEDC Award Startup Junkie for Statewide Technology Commercialization Center Management Contract

Entrepreneurial Enthusiast Lands $1.1M Deal to Lead State Innovation Hub

In Bentonville, Startup Junkie recently led a discussion on strategic growth planning for HFA. The Arkansas Economic Development Commission (AEDC) has awarded the management contract for the Arkansas Statewide Technology Commercialization Center to Startup Junkie Consulting LLC, a Fayetteville-based company. The center focuses on helping new tech entrepreneurs develop their inventions and high-tech concepts into successful businesses.

Clint O’Neal, executive director of AEDC, emphasized the importance of supporting entrepreneurs and growing high-tech companies in Arkansas. The program aims to assist entrepreneurs in scaling their ideas into successful companies that will provide high-paying jobs for residents of the state. Since its establishment in 2008, the Arkansas Statewide Technology Commercialization Center has helped over 200 portfolio clients generate $939 million in revenue, creating more than 6,000 jobs in Arkansas. These companies have received $50.9 million in federal grants and attracted a total investment of $473.6 million.

Startup Junkie Consulting is a nonprofit organization founded in 2008 that offers no-cost, one-on-one consulting, events, workshops, and access to capital and talent for entrepreneurs and innovators. Jeff Amerine, the founder and managing director of Startup Junkie Consulting, expressed gratitude for the partnership with AEDC in driving the development and growth of tech and tech-enabled ventures across Arkansas. He emphasized the importance of entrepreneurialism in fostering economic empowerment and vitality and looks forward to supporting AEDC in this critical effort

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