Feds give $1 million to Innovation Hub in NLR | Arkansas Blog

Monday, April 27, 2015

Feds give $1 million to Innovation Hub in NLR

Posted By on Mon, Apr 27, 2015 at 2:10 PM

click to enlarge SEED MONEY: Warwick Sabin at announcement of $1 million grant to innovation center he heads. - BRIAN CHILSON
  • SEED MONEY: Warwick Sabin at announcement of $1 million grant to innovation center he heads.
click to enlarge hub.jpg

The federal Economic Development Administration 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.)

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