The Delta Regional Authority has donated $1 million toward the Arkansas Regional Innovation Hub’s I-Fund, a funding and training program for small businesses started by college students. The program will expand in its geographical reach and will be called the Delta I-Fund, according to an email newsletter from the Hub.
The next two 12-week sessions will be in the fall, offering $50,000 in potential funding for each startup. All companies accepted to the program will receive $5,000. Participants will be selected by a five-person committee, according to the Hub.