The Economic Injury Disaster Loan Program (EIDL) can provide up to $2 million of financial assistance (actual loan amounts are based on amount of economic injury) to small businesses or private, nonprofit organizations that suffer substantial economic injury as a result of the declared disaster, regardless of whether the applicant sustained physical damage. Here's what to expect when you apply.
The Paycheck Protection Program allows essentially any business or nonprofit with fewer than 500 employees to obtain low-interest, no-collateral loans from the U.S. Small Business Administration through June 30, 2020, to cover operating costs.
Shops and restaurants in Downtown Conway are taking extensive, diligent measures to provide a clean, safe and welcoming environment for customers. Downtown businesses remain open, and continue to provide a positive, safe and welcoming experience.
Career Connections is a Facebook initiative that connects local businesses with innovative, Facebook trained collegiate talent for three-month long fellowships. The program provides both businesses and students with access to exclusive Facebook trainings and professional development opportunities.
Conway-based manufacturer SFI Arkansas today announced plans to expand its facility and hire up to 75 new employees over the next 18 months.
Structurlam Mass Timber Corporation, the leading mass timber manufacturer in North America, will expand its operations into the United States, with a plant in Conway, Ark., set to open in mid-2021. The Canadian-based company will invest $90 million to purchase, retrofit and equip a former steel plant and create 130 new jobs, and will source softwood lumber from Arkansas-grown Southern Pine trees.
DXC Technology increases its presence in Conway, creating a global center of excellence in Medicaid services and adding 1,200 tech jobs. New hires will join 450 current employees over the next four years.
Conway, Maumelle and Morrilton are textbook cases for economic development. Although they have a healthy sense of competition, the cities benefit from each other in a “one-for-all, all-for-one” mentality to create a strong regional draw.
Two local entrepreneurs walked away with $500 each after successfully pitching their enterprises to a panel of judges and more than 70 attendees at Connect Conway: Minority Entrepreneur Night.
Molex's new design center will increase investment in Arkansas’ growing technology community and improve Molex capabilities in product design, prototyping, and manufacturing.