Category Archives: Entrepreneurship Foundation News

2015 Youth Business Plan Competition Winners Announced

5th Year of Youth Entrepreneur Showcase 2.0 Business Plan Statewide Competition for Ninth through Twelfth Grade Students

Arkansas Economic Acceleration Foundation (AEAF), an affiliate of The Arkansas Capital Corporation Group, today announced the winners of the Youth Entrepreneur Showcase 2.0 (Y.E.S. 2.0) statewide youth business plan competition for grades ninth through 12th. Today’s winners were chosen in the categories of Best Business Plan and Most Innovative. The competition included 62 teams from nine high schools across Arkansas.

Y.E.S. 2.0 students from across the state and their teacher advisors work to develop and market a business concept. The winners in the two competition categories are as follows:

Best Business Plan

  • First Place – SchEDU, Episcopal Collegiate School in Little Rock
  • Second Place – GroGetters, eStem High Public Charter School in Little Rock
  • Third Place – Life Light, Rogers New Technology High School in Rogers
  • Fourth Place – Ultron Computer Repair, Rogers New Technology High School in Rogers

Most Innovative

  • First Place – GroGetters, eStem High Public Charter School in Little Rock
  • Second Place – Cupcakes by Me!, Rogers New Technology High School in Rogers
  • Third Place – Life Light, Rogers New Technology High School in Rogers
  • Fourth Place – SchEDU, Episcopal Collegiate School in Little Rock

Winning team members for first place in each category received a $100 cash prize and a certificate. The teacher advisor of the first place teams took home an additional $500 and a trophy. Second-, third- and fourth-place winners in each category also received prizes.

Team winners of the Y.E.S. 2.0 business plan competition are selected by Arkansas business, education and community leaders who serve as volunteer judges.

The Arkansas Capital Corporation Group of companies empower entrepreneurs by providing capital in conjunction with community banks to businesses through its capital availability products and advocating for entrepreneurs through capital, educational, and technological improvements. The Arkansas Capital Corporation Group serves as the platform from which new opportunities are launched. In addition to the flagship company, Arkansas Capital Corporation, there are seven affiliate and partner companies, including, Six Bridges Capital Corporation, Arkansas Capital Relending Corporation, Arkansas Economic Acceleration Foundation, Heartland Renaissance Fund, Connect Arkansas, Pine State Regional Center and SouthWind Analytics. To learn more, visit www.arcapital.com.

AEAF was established in 1999, and is a private, non-profit corporation dedicated to education-based initiatives that promote and foster the development of innovation and entrepreneurship within Arkansas. With broad support from the state’s business community, AEAF’s purpose is to nurture people and ideas to generate future Arkansas entrepreneurs.

2015 Donald W. Reynolds Governor’s Cup Finalists and Semi-Finalists Announced

The best business plans from college and university teams statewide were recently selected to compete in the next round of the state’s premier business plan competition.

Teams from six Arkansas colleges and universities were announced today as finalists in the 15th annual Donald W. Reynolds Governor’s Cup Collegiate Business Plan Competition that is managed by The Arkansas Economic Acceleration Foundation, an affiliate of The Arkansas Capital Corporation Group.

On April 2 at the Embassy Suites in Little Rock, AR., the 12 advancing semi-finalist undergraduate teams will make a 20-minute presentation to volunteer judges from the state’s business and entrepreneurial sectors. Afterward, they will answer questions from judges for 15 minutes. Two judges’ panels will determine the six finalist undergraduate teams. The six undergraduate finalist teams, along with the six graduate finalist teams, will compete in the last round of oral presentations for first-, second- and third-place prizes April 3 at the Embassy Suites.

Again this year, teams will compete for cash prizes totaling $154,000, which will be awarded during the Donald W. Reynolds Governor’s Cup awards luncheon, Wednesday, April 22, at the Statehouse Convention Center in Little Rock. Tickets to the luncheon are still available and can be purchased here.

The 2015 semi-finalists and finalists are: Continue reading

2015 Youth Business Plan Competition Winners Announced

10thyear of Youth Entrepreneur Showcase for Arkansas Competition for Fifth- Through Eighth-Grade Students

Arkansas Economic Acceleration Foundation (AEAF), an affiliate of The Arkansas Capital Corporation Group, today announced the winners of the Youth Entrepreneur Showcase (Y.E.S) for Arkansas business plan competition for grades five through eight. Today’s winners, announced at Park Plaza Mall in Little Rock, Ark., were selected from 25 finalist teams that were announced in December. The competition included 242 teams from 35 schools across Arkansas.

Y.E.S. for Arkansas competitors work in small groups, led by their teacher advisors, to develop and market a business concept. The winners in the four competition categories are as follows: Continue reading

Youth Business Plan Competition Winners to Be Announced

Who: The Youth Entrepreneur Showcase (Y.E.S) for Arkansas Expo Day, a project of the Arkansas Economic Acceleration Foundation (AEAF), an affiliate of The Arkansas Capital Corporation Group, invites the media to attend the event for photo and interview opportunities with students and student advisors.

What: The top 25 Y.E.S. finalist teams will set up booths to showcase and sell their products at Park Plaza Mall. Eight volunteers from the Arkansas business and education communities will judge the teams on creativity, innovation, marketing, and booth display. A representative of Frost, PLLC in Little Rock will assist AEAF staff in tallying the scores.

When: Jan. 16, 2015. The showcase and sale is 10 a.m. – 12 p.m. Winners will be announced at the awards ceremony, which begins at 1:30 p.m.

Where: Park Plaza Mall, 6000 W. Markham St., Little Rock, Ark. The student showcase and sale will take place on the third floor and the awards will take place on the second floor. Continue reading

Youth Entrepreneur Showcase Announces Top 25 Finalists

Top 25 Finalists Announced for 2015 Youth Entrepreneur Showcase Fifth- through Eighth-Grade Business Plan Competition

The Arkansas Economic Acceleration Foundation (AEAF), an affiliate of the Arkansas Capital Corporation Group in Little Rock, announced the finalists of its 10th annual Youth Entrepreneur Showcase (Y.E.S.), a business plan competition for elementary, middle, and junior high school students in grades five through eight.

Below are the finalists in alphabetical order by team name: Continue reading

242 Teams Compete in 2015 Y.E.S. for Arkansas Competition

Y.E.S. for Arkansas Winners

Wonderful Wire Works, Hazen Elementary School, Hazen holding their awards from the 2014 Y.E.S. for Arkansas Expo Day.

It’s an exciting year for Y.E.S. for Arkansas, with 242 teams of fifth- through eighth-graders from across the state participating in the 2015 youth business plan competition. This is the second-biggest competition pool in the 10-year history of Y.E.S. Students from 35 elementary and middle schools in 14 counties wrote original business plans to compete for prize money and an invitation to the Y.E.S. for Arkansas Expo Day.

Judging is in progress, with more than 80 business, community, and education leaders evaluating the plans. The 25 finalists will be announced via video at 1:30 p.m. Wednesday, December 10, at http://arcapital.com/aeaf/yes. Continue reading

Winners of the 2014 Donald W. Reynolds Tri-State Competition Named

BioBotic Solutions Takes Second Place Undergraduate Award

Second Place, Undergraduate — BioBotic Solutions, University of Arkansas & Hendrix College

Second Place, Undergraduate — BioBotic Solutions, University of Arkansas & Hendrix College

The Arkansas Economic Acceleration Foundation, an affiliate of The Arkansas Capital Corporation Group, is pleased to announce BioBotic Solutions with team members from University of Arkansas and Hendrix College took second place in the Donald W. Reynolds Tri-State Award competition. The competition was held at The Mirage of Las Vegas.

In the undergraduate track, Owlpal Healthcare from the University of Tulsa took first place. In the graduate track, Dragonfly Energy from University of Nevada, Reno, was awarded first place, and Driven Analytics from University of Oklahoma, Norman, was awarded second place.

First place winners took home a $30,000 cash prize, a team trophy and individual plaques. The second place winners received a $20,000 prize, a trophy and individual plaques. The teams’ faculty advisors each earned a $3,500 check.

“This year’s teams pitched sophisticated and forward-thinking business plans that have the potential to become very successful companies,” said Rush Deacon, acting chief executive officer for Arkansas Capital Corporation. “It’s exactly the type of innovation we were looking for when we started this competition. This competition is an example of broad efforts Arkansas Capital Corporation has spearheaded to support entrepreneurship in Arkansas, and we are very proud of our student competitors.” Continue reading