LITTLE ROCK — The Delta Regional Authority said Wednesday it will invest $185,000 in the El Dorado Incubator Environment to support entrepreneurs in Ashley, Bradley, Chicot and Union counties.
The project, also known as EDIE’s Village, will be a partnership between the DRA, South Arkansas Community College and the Arkansas Women’s Business Center hosted by Winrock International.
The DRA said it approved the project in coordination with Gov. Mike Beebe’s office last month.
The project’s goals include developing student-run businesses; creating business space for up to 20 local entrepreneurs in a low-cost environment; leveraging additional resources from the U.S. Small Business Administration and Housing and Urban Development; and providing one-on-one business development and product marketing counseling for participating entrepreneurs. The Delta Regional Authority is a federal-state partnership that is mandated by Congress to help create jobs, build communities, and improve lives in an eight-state region covering 252 counties and parishes of the Delta.