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GrantArkansasActiveVerified

Arkansas Quick Action Closing Fund

Arkansas Economic Development Commission (AEDC)AR-QACFRefreshed 3 months ago
Do I qualify?
Who can apply

Businesses

Government-funded

Max funding

$5.0M

per applicant

Type

Grant

Cash award, application-based

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Or check for open cycles

Complexity

Moderate

Standard state application

About This Program

Discretionary fund providing cash grants to businesses making location or expansion decisions in competition with other states. Used as a last-resort incentive to close competitive deals that will create significant jobs and investment in Arkansas.

Key Requirements & Eligibility

  • 1Project must be creating or retaining jobs in competition with another state
  • 2Governor's office discretionary approval required
  • 3Average wages must exceed county average wage
  • 4Eligible: capital investment, infrastructure, training costs
  • 5No minimum size — deal competitiveness and job quality determine eligibility

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Project must be creating or retaining jobs in competition with another state

2.Governor's office discretionary approval required

3.Average wages must exceed county average wage

4.Eligible: capital investment, infrastructure, training costs

5.No minimum size — deal competitiveness and job quality determine eligibility

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Official Source