Wednesday, June 13, 2012

With The ARK Challenge, Northwest Arkansas Gets An Incubator Of Its Own

ark challengeIt seems like there are tech accelerators and incubators popping up all over the place, spreading from major tech hubs like San Francisco and New York throughout the U.S. and internationally. But now they're also appearing outside of major metro areas. Take The ARK, for instance, an incubator program that's just getting started in Northwest Arkansas. The ARK Challenge is looking to recruit 15 startups, who will get all the same things you can expect from accelerators elsewhere, including funding, coworking space and access to mentors. All chosen to participate will receive $18,000 in funding in exchange for 6 percent of equity, and will have the opportunity to work out of the Iceberg CoWorking Space in Fayetteville, Ark.

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