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Find similar grantsSeed Capital Investment Program (SCIP) is sponsored by Arkansas Economic Development Commission (AEDC). A direct investment by the state to help Arkansas technology-based companies with initial capitalization.
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| Contact Business Development The purpose of the Seed Capital Investment Program (SCIP) is to foster the formation and development of innovative, technology-based enterprises that will stimulate the economy of Arkansas by creating high-wage employment, leverage private investment, increase tax revenues and advance the benefits and opportunities realized through advanced science and technology.
SCIP investments are generally made on a royalty basis with a 4x repayment mechanism, however, the investments can be in the form of the following qualified securities including, without limitation: A combination of such financing arrangements Enterprise eligibility requirements include the following: The enterprise’s principal place of business is in Arkansas The project of the enterprise shall be scientific or technological or both, in nature and promote the purpose of AEDC by providing scientific and technological benefits to Arkansas The enterprise shall complete the application submittal process delineated in Section II.
A. (iii) of these rules and Not more than $500,000 shall be invested by AEDC in the qualified securities of any one (1) enterprise For more information, contact Bob Kucheravy at [email protected] . State Science & Technology Plan Show/Hide Arkansas EPSCoR items Arkansas NSF EPSCoR Newsletters Center for Advanced Surface Engineering (Track 1) Arkansas Summer Research Institute Answer 5 questions about our new website.
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According to the current listing, eligibility includes: Arkansas technology-based companies that cannot secure sufficient capital through traditional capital sources. Confirm the full requirements in the official notice before applying.
The current listing shows up to $500,000 (usually in smaller, staged tranches). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Seed Capital Investment Program (SCIP) is funded by Arkansas Economic Development Commission (AEDC). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Arkansas. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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