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Scoop: New York VC fund set to invest in University of Arkansas intel

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Scoop: New York VC fund set to invest in University of Arkansas intel


Illustration: Maura Losch/Axios

An East Coast enterprise fund is trying to jump-start meals and agricultural companies utilizing expertise developed on the College of Arkansas.

State of play: Large Thought Ventures’ Technology Meals Rural Companions fund closed on $38.5 million of its focused $125 million in December, based on paperwork filed with the Securities and Trade Fee.

  • The fund will put money into startups, licensing mental property associated to agriculture and meals from as many as 21 universities.
  • U of A signed a nonbinding letter of intent with Large Thought Ventures in September, signaling they will work collectively.

Context: The college holds patents on a whole bunch of items of mental property conceived on its campuses. From blackberry crops and rice breeds to hen probiotics and high-frequency inkjet printing tech, many can be found for licensing and could also be prepared to maneuver from idea to product by the proper entrepreneur.

Why it issues: Arkansas is fifteenth amongst U.S. states by way of agricultural exports — greater than $3.5 billion — and the business makes up almost 11% of the state’s complete GDP.

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  • Fostering funding in meals and ag entrepreneurship will assist develop Arkansas’ economic system, create jobs and help current companies.

What they’re saying: “From an financial growth perspective, the concept of beginning firms based mostly on college analysis in all areas of our state … sounded stunning,” Mike Malone, U of A’s vice chancellor of financial growth, informed Axios.

  • He would not but know wherein patents the fund is .

Tom Mastrobouni, supervisor of the GFRP fund, mentioned there are greater than 90 items of IP in U of A’s database the fund has “potential curiosity in licensing.”

  • He declined to debate who has invested within the fund or plans for hitting its goal.

The most recent: Earlier this week, GFRP introduced it has a Rural Enterprise Funding Firm license from the U.S. Division of Agriculture, that means 75% of its capital have to be invested in areas with populations of fifty,000 or much less.

What we’re watching: Any funding in U of A’s mental property and what firms spin out of the offers.

Disclosure: Reporter Price Sparkman previously labored at Large Thought Ventures.



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Business people | Northwest Arkansas Democrat-Gazette

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Business people | Northwest Arkansas Democrat-Gazette


Drew Waack has been appointed as mortgage adviser for United Federal Credit Union in Rogers. Waack is based at United’s Promenade branch, 2000 S. Promenade Blvd. He has a bachelor’s degree in business administration from John Brown University and an associate of arts and sciences degree from the University of Arkansas at Fort Smith.

Makyla Jackson has been hired by Kutak Rock LLP as an associate in the firm’s commercial litigation practice and will be working in the firm’s Fayetteville office. Jackson earned her law degree from the University of Arkansas School of Law, Fayetteville, and a bachelor of science in business administration from the University of Arkansas, Fayetteville.

Kayla Sherrill has been hired by Kutak Rock LLP as an associate for the firm’s litigation practice and will be working in the firm’s Rogers office. Sherrill earned her law degree from the University of Arkansas School of Law, Fayetteville, and a bachelor of science from the University of Arkansas, Fayetteville.

Chelsey Deel has been hired as associate professor of pathology for the Alice L. Walton School of Medicine. Deel earned her bachelor’s degree in biology at Baylor University in Waco, Texas, and her medical degree at the University of Texas Heath Science Center at San Antonio.

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Alexis Gillett has been hired as associate professor of anatomy for the Alice L. Walton School of Medicine. Gillett received her bachelor’s degree in mechanical engineering from Arkansas Tech University in Russellville, her doctorate of physical therapy from Arkansas State University in Jonesboro and her doctor of education in educational leadership from Liberty University in Lynchburg, Va.

Stephen Nix has been hired as assistant professor of pathology for the Alice L. Walton School of Medicine. Nix received his bachelor’s degree in English literature from the University of Arkansas, Fayetteville and his medical degree from the University of Arkansas for Medical Sciences in Little Rock.

Trager Hintze has been hired as assistant professor of pharmacology for the Alice L. Walton School of Medicine. Hintze received his bachelor’s degree in biology with a minor in chemistry from Southern Virginia University and his doctor of pharmacy from Idaho State University.

Briefs are for people in Northwest Arkansas who are new hires, were promoted, received an award from outside their organization or received a certification. Email: [email protected] Information must be received by noon Wednesday prior to the Sunday the item is to be published.

    Hintze
 
 
  photo  Nix
 
 
  photo  Waack
 
 
  photo  Gillett
 
 



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Arkansas becomes bowl eligible with win over Louisiana Tech

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Arkansas becomes bowl eligible with win over Louisiana Tech


FAYETTEVILLE — The Arkansas Razorbacks (6-5, 3-4 SEC) secured bowl eligibility with a 35-14 win over the Louisiana Tech Bulldogs (4-7, 3-4 CUSA) on Saturday at Donald W. Reynolds Razorback Stadium.

The Razorback offense struggled in the first half and only scored 14 points before the two teams went to the locker rooms at halftime. Quarterback Taylen Green threw an interception, wide receiver Andrew Armstrong fumbled and the Hogs punted three times in the first two quarters.

Outside of the fumble, Armstrong had a strong game that put him into the Arkansas record books. With his eight reception, 81-yard game, he became the fifth player in school history to reach 1,000 receiving yards in a single season. Armstrong also took sole position of second place in school history for single-season receptions with 69 on the season.

Arkansas’ offense fared somewhat better in the second half with a touchdown pass to wide receiver Isaac TeSlaa — his second of the day — an eight-yard touchdown run by Green and a 13-yard score on the ground by running back Ja’Quinden Jackson. It wasn’t much, but it was all the Hogs needed to get the win.

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For the game, Arkansas gained 454 yards, 221 through the air and 233 on the ground. Running back Rashod Dubinion got the start and was the Razorbacks’ leading rusher with 112 yards on 15 carries.

Ill-timed penalties plagued the Hogs several times in the game, the biggest was a holding penalty wiped out a kickoff return for a touchdown on the opening kick. A roughing the passer call took away an interception late in the third quarter; Arkansas committed eight penalties for 78 yards throughout the game.

The Arkansas defense had another strong performance and held the Bulldogs to just 229 yards in the game, 190 through the air and 39 on the ground. They did give up two touchdowns, but it’s worth noting a muffed punt by Isaiah Sategna put Louisiana Tech in plus territory, which led to the first touchdown. The second touchdown came with just under six minutes to go, a 20-yard pass to wide receiver Jimmy Holliday on 3rd and 17.

The win will send the Razorbacks to a bowl game for the fourth time in the last five seasons, and they will turn their sights to a rivalry matchup with Missouri next Friday. Check out some of the highlights from the game below…



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What TV channel is Arkansas vs Louisiana Tech football on today? Live stream, spread, game odds

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What TV channel is Arkansas vs Louisiana Tech football on today? Live stream, spread, game odds


In the Afternoon slate, the Arkansas Razorbacks host the Louisiana Tech Bulldogs in Week 13 nonconference action. Kickoff is slated for 1 p.m. PT/4 p.m. ET on Saturday, November 23 with a live TV broadcast only on ESPN Plus.

WATCH: Razorback vs. Bulldogs football is streaming live only on ESPN+

This game is a must-win for both teams if either wants to gain bowl eligibility. Arkansas is 5-5, with No. 23 Missouri remaining on its schedule. Louisana Tech is 4-6, with 1-9 Kennesaw State left to play.

What TV channel is Arkansas vs. LA Tech football on today?

When: Kickoff is set for 1 p.m. PT/4 p.m. ET (3 p.m. CT) on Saturday, November 23

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Where: Razorback Stadium | Fayetteville, AR

TV channel: SEC Network Plus on ESPN+ (Not available on traditional broadcast TV, only streaming on ESPN’s live sports streaming platform. Here’s a look at how you can watch ESPN+ live on your TV.)

Watch live stream online: You can watch a live stream of this game for less than $11 on ESPN+ (It’s just $10.99/month or $109.99/full year subscription, and you can cancel anytime.)

What TV channel is SEC Network Plus on?

SEC Network Plus or SECN+ is not a TV channel. It is basically it’s on division within ESPN Plus for SEC games that are not airing on TV, but are SEC games airing exclusively on the ESPN+ streaming platform.

What does SEC Network Plus cost? What does an SECN+ subscription include? SEC Network Plus is a part of ESPN Plus, so as long as you are signed up for ESPN Plus, you will see every SECN+ game available to stream on the watch ESPN app when you sign in or sign up for the ESPN+ service. ESPN+ costs just $10.99/month and you can cancel anytime.

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Arkansas vs. Louisiana Tech spread, latest betting odds

Moneyline: ARK -2500 | LT +1100

Spread: ARK -23.5 | LT +23.5

Over/Under: 48.5

  • Get promo codes, signup deals and free bets from our Oregon Betting News home page.



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