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Nonprofit to receive $500,000

For five years, G. David Yarber rented space in Marianna for his income tax service, Pro File America Inc., but that hindered his small business’s ability to grow.

“We were just a seasonal business, about four months of the year,” said Yarber, the president and chief executive officer of the company.

The Rainmaker

The William J. Clinton Foundation had $154.8 million in the bank at the end of 2005. That’s shy by a few million of the bucks held by the Gates Foundation ($29.1 billion) or Arkansas’s home-grown Walton Foundation ($1.1 billion).

Sweet potatoes gaining ground efforts give crop golden outlook

It’s sweet potato harvest time and the beginning of what many hope will become a new industry for the Arkansas Delta.

“We have probably the only strategic plan in the country that envisions the sweet potato as an agent of social change,” said Steven Murray, chancellor of Phillips Community College of the University of Arkansas.

Southern Good Faith Fund Announces $1 Million Saved

PINE BLUFF, AR -More than $1 million has been accrued in special savings accounts by low-income families across the state in their effort to improve their economic situation by building personal assets. The special matched savings accounts are called Individual Development Accounts (IDAs).

Ground Broken for Southern Place, a $1.5 Million, 20-Apartment Housing Facility in Helena-West Helena

Southern Property Corporation hosted a groundbreaking ceremony for the Southern Place Apartments today. Representatives from the Arkansas Development Finance Authority, the U.S. Department of Agriculture/Rural Development, and Senator Blanche Lincoln’s office spoke at the event marking the start of the largest multi-family housing development in Phillips County in several decades.

SGFF Report To Help Arkansas Katrina Evacuees

LITTLE ROCK, ARKANSAS -Southern Good Faith Fund’s Public Policy program today released its latest report, Helping Arkansas’ Katrina Evacuees Rebuild Their Lives. The report proposes several strategies the state of Arkansas can adopt to help Hurricane Katrina evacuees in the Natural State establish a stable and financially secure future.

Local Organizations Receive CDFI Funds

Several organizations in the Federal Reserve’s Eighth District states are among 73 recipients of federal Community Development Financial Institutions (CDFI) Fund awards.

Arkansas SBDC Recognizes Entrepreneurial Support

The City of Arkadelphia is the first recipient of the Arkansas Entrepreneurial Community of the Year Award presented by the Arkansas Small Business Development Center (ASBDC). The award recognizes Arkadelphia’s organized efforts to assist and encourage entrepreneurial activities.

Arkadelphia’s community and economic development strategy includes nurturing new and existing small businesses. A central component of these efforts is the completion of the Rural Entrepreneurship Initiative survey.

Training prepares subcommittees

The six subcommittees of the Clark County Strategic Plan are prepared to begin working, thanks to a training session Monday afternoon. Ed Bee, director of Taimerica, the firm hired to facilitate the planning process, gave the leaders of the subcommittees some guidance about their duties.

Taimerica: Clark County population growth stagnant

Clark County has seen virtually no population growth in the last 10 years, according to information gathered by Taimerica, a consulting company hired to facilitate the Clark County Strategic Planning process.

Ed Bee, president of Taimerica, presented the information to the planning committee Tuesday night at Central Primary School.