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Arkansas Code Title 15. Natural Resources and Economic Development § 15-4-2505. Duties of Economic Development Commission

Current as of March 28, 2024 | Updated by Findlaw Staff

The Arkansas Economic Development Commission shall:

(1) Actively seek support from and collaboration with statewide financial institutions, the Arkansas Credit Union League, United States Small Business Administration, Arkansas Bankers Association, Arkansas Development Finance Authority, and other agencies interested in supporting small business efforts in the state; and

(2) Provide small business persons with:

(A) Assistance and resources for preparation of business plans available through the commission and other agencies;

(B) Information about services available through the commission;

(C) Information about financial institutions and agencies that have agreed to support and collaborate with the program authorized by this subchapter;

(D) Continuing assistance after a loan is made; and

(E) Information on training programs or technical assistance to include instructions on the importance of establishing and maintaining credit, seeking and obtaining state licenses and contracts, and business planning and management.

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Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-4-2505. Duties of Economic Development Commission - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-4-2505/

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