SEED MONEY: Warwick Sabin at announcement of $1 million grant to innovation center he heads.
The federal Economic Development Administratio
n has made a $1 million grant to develop the Arkansas Regional Innovation Hub
in North Little Rock, a center aimed at encouraging business development.
The money will purchase and renovate a building in the Argenta District. The Hub operates several programs
: the Silver Mine for training entrepreneurs; the Launch Pad, which provides a space with equipment and technology; the STEAM Lab for science, technology, engineering and math, and the Art Connection, to encourage innovation by high school students in visual arts.
On hand for the announcement along with state Rep. Warwick Sabin
, executive director of the hub, were Gov. Asa Hutchinson,
U.S. Rep. French Hill, North Little Rock Mayor Joe Smith, County Judge Barry Hyde
and Chris Masingill,
co-chair of the Delta Regional Authority.
According to Talk Business' report
on the event, Hutchinson said, "You can feel the momentum building in Arkansas." He said it shows Arkansas is a state that values innovative thinking. (If not equal treatment of its workers.)