Community Improvement & Capacity Building
Arkansas Venture Center
LITTLE ROCK, AR
Total revenue
$1.2M
Total expenses
$1.3M
Net assets
$3.3M
Grants received
$399K
7 grants
EIN
464108871
Tax year
2024
Mission
The venture center helps startups obtain customer validation & reach viability through systematic progrmming, premium mentorship that leverages best practices in lean methodology & strategic acceleration with an eye on reaching scale and creating measurable economic impact.
Programs
2 programs
The venture center helped program and launch the first arkansas lithium innovation summit, led by arkansas commerce secretary hugh mcdonald, with the goal of educating the lithium/energy industry and other key national and state government, academic and business leaders about the economic potential of the state's lithium reserves in the smackover formation.
The venture center's entrepreneurship and educational programs have substantially contributed to the creation of multiple new companies, the growth of existing small businesses and the renewed innovation of large corporations in the state. The venture center is also fostering and growing a community of members, mentors and partners through curated programming and events ranging from lectures and workshops to social and professional networking events.
Financials
FY 2024
Revenue
Expenses
People
10 listed
ARTHUR ORDUNA
EXECUTIVE DIRECTOR
$217K
40 hrs/wk
MILLIE WARD
DIRECTOR
—
0.3 hrs/wk
JOHN HALEY
DIRECTOR
—
0.3 hrs/wk
JIM WOMBLE
DIRECTOR
—
0.3 hrs/wk
JAY CHESSHIR
DIRECTOR
—
0.3 hrs/wk
JAMES HENDREN
CHAIRMAN
—
0.3 hrs/wk
COLLINS ANDREWS
DIRECTOR
—
0.3 hrs/wk
BILL YODER
DIRECTOR
—
0.3 hrs/wk
RAY DILLON
DIRECTOR
—
0.3 hrs/wk
MIKE O'MALLEY
DIRECTOR
—
0.3 hrs/wk
Grants received
Showing 7 of 7
Funded by
$399K from 5 funders · 7 grants · 2020–2024
$267K · 2 grants · 2020–2022
$65K · 1 grant · 2021
$35K · 2 grants · 2023–2024
$25K · 1 grant · 2024
$8K · 1 grant · 2024