Startups launched from the Walton Business College at the University of Arkansas in Fayetteville are earning both accolades at national business-plan competitions and money as viable, high-growth businesses. Picasolar is the latest graduate-level UA startup to fare well on the national business-plan circuit. Since 2008, the UA entrepreneurship program has launched 10 startup ventures that grew to become high-growth businesses. Those firms employ roughly 100 Arkansans and pay above-average salaries, and they’ve raised more than $16 million in private investments, grants and incentives. They are:
- Picasolar, which has developed a technology that fixes flaws on the surfaces of solar cells;
- Silicon Solar Solutions, which engineers low-cost, high-efficiency solar cells;
- cycleWood Solutions, which makes biodegradable plastic bags;
- EverClean Coating Solutions, which has developed a self-cleaning and anti-reflective coating for solar cells;
- Boston Mountain Biotech, which created a suite of production-ready cell lines for use in drug manufacturing;
- BiologicsMD, which developed a new treatment for osteoporosis;
- Movista, maker of retail analytics software;
- Learning DifferentiatED, which writes GED preparation software;
- HomeDx, which makes over-the-counter tests for food allergies and STDs; and
- eLuminate Health, which developed an open network solution for imaging and surgical providers.
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