Printer Friendly

Camden developing business incubator. (Inside Business).

Ground was broken recently for the Ouachita Valley Business & Technology Development Center, a small business incubator at Camden.

The facility will be the center of the Adams Street Redevelopment project, which is funded by the Environmental Protection Agency's Brownsfield Pilot Program and a $1.9 million Department of Commerce Economic Development Administration grant.

The Ouachita Partnership for Economic Development has committed $150,000 to the project from the proceeds of a 1-cent economic development sales tax approved by Camden residents in June 2001. The Camden Port Authority will be the owner of record for the Brownsfield Redevelopment area and the business incubator building.

The 15,000-SF building will house the operations of the Ouachita Partnership for Economic Development and potentially could house eight offices and 10 light manufacturers or assemblers.

Gardner Construction Co. of Fordyce is the contractor for the $700,000 project. Work is expected to be completed by December.
COPYRIGHT 2003 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Author:Henry, John
Publication:Arkansas Business
Article Type:Brief Article
Geographic Code:1U7AR
Date:Jun 9, 2003
Previous Article:Regional development alliance is formed. (Economic).
Next Article:'Bunny' Adcock named bank commissioner. (Banking & Finance).

Related Articles
New opportunities for entrepreneurs with disabilities to start their own businesses.
Business 'incubator' planned for Little Rock.
Study shows business incubators have significant economic impact.
High-Tech Companies Prepare to Rattle Region.
Breeding philanthropies: New incubator will hatch foundations. (Nonprofit Assets).
Dartmouth incubator a testament to collaboration.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |