Real Traction: Jobs and Revenue
At the Fall 2016 Pre-Accelerator pitch showcase held Tuesday, December 13, The Venture Center announced its economic impact metrics from the past two and a half years.
During that time, Venture Center member companies have raised a collective $19 million dollars in funding and have created 286 jobs for Central Arkansas.
Delivering on a Mission
The Venture Center's mission is to create an engine for economic growth through entrepreneurism. These numbers show the impact of the systematic approach espoused by the Center. Year on year, the numbers have increased, showing real momentum and traction for the work the Center does supporting entrepreneurs.
In addition to the economic impact, The Venture Center has screened 262 ideas and VC mentors have conducted 768 mentor sessions since inception. Targeted mentorship in addition to rigorous training provides a fertile environment for entrepreneurs to thrive and grow.