Bill Clark Chairman’s Fund

Bill Clark Chairman's Fund

The Bill Clark Chairman’s Fund was created by the Arkansas Economic Acceleration Foundation (AEAF) to honor the late William E. “Bill” Clark, of Little Rock to encourage teams competing in the Arkansas Donald W. Reynolds Governor’s Cup to also compete in regional or national business plan competitions by helping to defray the costs of travel.

Funds may be awarded of up to $1,000 per team.



To be eligible to apply for funding, teams must be a competitor in the Arkansas Donald W. Reynolds Governor’s Cup in the academic year of the request being made.

To apply for funding:

  1. The team sponsor must submit a written request on institution letterhead.
  2. This written request must include:
  • The name and location of the competition,
  • How the funding will be used (for travel, lodging and meals)
  • Signature and title of the team sponsor
  • Contact information for the team sponsor

The written and signed request can be scanned and submitted by e-mail to, or by mail to the Arkansas Economic Acceleration Foundation; 200 River Market Avenue, Suite 400; Little Rock, AR 72201, attn. Marie Bruno.

Within 4 weeks after the conclusion of the competition, the team sponsor must forward a written report to the Arkansas Economic Acceleration Foundation that includes:

  • A list of other colleges and universities that competed in the event
  • A summary of the winners
  • A summary of the format of the competition (how plans were judged, number of rounds, etc.)
  • The prize pool amount and stipulations on how the prizes were to be used
  • The team sponsor’s personal observations from the competition, and any other information he/she would like to share

Bill Clark started an electrical business with his brother after graduating from college and went on to help launch CDI Contractors in March 1987. Under his leadership, CDI grew into one of Arkansas’s largest construction companies with many high-profile projects, including the Clinton Presidential Center. Mr. Clark was a supporter of the mission of the Arkansas Economic Acceleration Foundation and served as chair of the April 2007 Donald W. Reynolds Governor’s Cup Awards Luncheon. He died of cancer a month later.

The  Arkansas Economic Acceleration Foundation sincerely hopes that these funds will encourage more teams from Arkansas to participate in regional and national business plan competitions. Good luck!