ARKANSAS FAVORS THE BOLD
Most people know that Arkansas is home to some of the world’s largest for-profit companies – Walmart and Tyson Foods among them. You might not know, though, that Arkansas provides the perfect home base for a growing number of nonprofit companies as well.
Heifer International, Winrock International, World Services for the Blind, the International Association of Yoga Therapists, the American Taekwondo Association and many other national and global nonprofits headquarter in Arkansas. Even regional nonprofit offices flourish here, as Goodwill Arkansas has under Brian Itzkowitz.
Here is why:
With 22 four-year universities and 22 two-year colleges, Arkansas provides a qualified workforce and opportunities for training.
Education Week’s Quality Counts report ranks Arkansas’s educational system fifth in the nation.
Purchase prices and lease rates for office space are very competitive in Arkansas, which contributes to the overall low cost of doing business in the state. (The fourth lowest CDB in the nation, according to CNBC.)
Arkansas also offers an array of competitive incentives, including income tax credits, sales and use tax credits and refunds, and payroll rebates for new and expanding companies.
And many of the same things that make doing business here so rewarding also make living here special, like the seventh lowest cost of living in the U.S., according to CNBC Top States for Business.
Work commutes here tend to be measured in minutes instead of half-hours, and there is nowhere in Arkansas that is more than a few miles from pristine beauty and recreational opportunities. It’s no wonder Arkansas is known far and wide as “The Natural State.”
With some 9,000 miles of streams and rivers and more than 600,000 acres of lakes, Arkansas is an oasis for fishing and hunting and water sports, including sailing and scuba diving. Marinas, boat docks and fishing guide services are plentiful across the state — and so are trophy-size bass, trout, catfish and more.
Enjoy a relaxed family float trip down America’s First Scenic River, the Buffalo, or the thrill of a whitewater or rock climbing adventure, and even get back to sleep in your own bed that night. Explore any of 250 hiking trails that cover more than 1,500 miles. Over half of Arkansas is still timbered, including 2.9 million acres protected in three national forests.
Other fun outdoor activities to enjoy in Arkansas include on- and off-road biking, golf on designer courses throughout the state, mining for quartz crystals and diamonds and bird watching. The more adventurous can go caving in underground limestone caverns or search for one of the state’s many breathtaking waterfalls.
I personally invite you to give Arkansas a closer look if you’re thinking of locating or relocating a nonprofit’s headquarters. I know you’ll like what you see.
Arkansas Economic Development Commission
Russell Powell, courtesy of Heifer International
A resident of the Chawanbari Village in the Palpa District of Nepal with a Heifer International representative.
Published by Arkansas Times for the Arkansas Economic Development Commission
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