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Technology Businesses

The Arkansas Small Business Development Center (ASBDC) assists entrepreneurs whose business focus is on innovation, new technology development or new applications of existing technology. Services include consulting, research and training. All services are available at low or no cost through the ASBDC's partnership with the U.S. Small Business Administration and higher education institutions across Arkansas. For more information on the ASBDC, visit our FAQ or explore other sections of our web site.

The ASBDC encourages entrepreneurs to subscribe to our biweekly e-newsletter, Tech Track, to stay informed about news and events of interest to the innovation-based business community.

Who We Serve

The ASBDC's assistance to innovation-based businesses is focused on the following:

  • Entrepreneurs using engineering, science or technology to develop products, services, or processes in their business
  • Entrepreneurs who have ideas for innovative products or services that apply existing technology in new ways
  • Entrepreneurs engaged in biosciences, engineering, agriculture, information technology and similar high-tech areas
  • University researchers interested in establishing new ventures to commercialize research
  • Organizations supporting technology transfer and commercialization that benefits Arkansas small business

What We Do

The ASBDC's services are based on the individual needs of our innovation-based small business customers. Generally, they include:

Technology Business Planning

Alternative Financing

  • Assistance in understanding and accessing R&D money
    • Small Business Innovation Research (SBIR)
    • Small Business Technology Transfer (STTR)
  • Equity financing opportunities in the state of Arkansas
    • Angel capital
    • Venture capital
  • Traditional financing sources

Market Research

  • Market, Customer and Industry Analysis
  • Demographics
  • Competitor Identification
  • Industry Benchmarks

ASBDC Research Resources

  • Proprietary market research databases
  • GIS mapping software
  • ASBDC web resources
  • Patents in Commerce™ DVD series for inventors

Small Business Innovation Research (SBIR) / Small Business Technology Transfer (STTR)

The ASBDC provides assistance to research-capable Arkansas small businesses to access federal R&D dollars. We help small businesses:

  • Navigate 11 federal agencies that fund R&D projects under the SBIR/STTR programs,
  • Locate research topics,
  • Draft their research proposals
  • Review proposal reviews
  • Find institutional partners to provide research expertise

Training

The ASBDC offers a wide variety of live and online classes on topics relevant to innovation-based entrepreneurs. Training of special interest to innovation-based entrepreneurs typically includes topics related to SBIR/STTR, intellectual property, and market research.

Articles, Information, and Tools

The ASBDC offers helpful information and tools to those who operate or plan to begin innovation-based businesses. A great deal of information is available online.

Contact Mildred Holley to discuss your innovation-based business opportunities and challenges.

    Mildred Holley, Technology Programs Manager
    Arkansas Small Business Development Center
    mxholley@ualr.edu
    501.683.7700
    800.862.2040 (Arkansas only, outside Pulaski County)

 

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The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.