South Arkansas Community College in El Dorado recently began exploring ideas to expand its outreach to minority businesses and entrepreneurs in the region.
Efforts are focused on providing the technical expertise and financial backing that entrepreneurs require to survive and thrive, especially in the early stages of business development. School officials have turned to Forge Community Loan Fund of Huntsville to help craft a successful program.
“Southark is in the business of helping people start businesses, launch businesses and explore entrepreneurial opportunities,” said Bentley Wallace, president of the college.
“The opportunity to work with a group like Forge could be the difference-maker in south Arkansas to launch viable businesses that add to the regional economy,” Wallace said. “The support Forge provides is not currently available in south-central Arkansas.”
Over the past five years, Forge has become a key partner for organizations like Southark that want to support and develop start-up