Blog Layout

$2.5 Million Grant Awarded to Newport, Arkansas

Oct 13, 2020

Newport’s Tech Depot Receives $2.5 Million EDA Grant

For Immediate Release

October 6, 2020

Newport Economic Development Commission

City of Newport

director@newportaredc.org

870-523-1009

 

The City of Newport and the Newport Economic Development Commission (NEDC) would like to announce that the United States Economic Development Administration has awarded a $2.5 million grant to Newport’s Tech Depot IT Apprenticeship Academy. The grant will be matched with $625,000 from the Newport Economic Development Commission to build a 12,000 square foot state-of-the-art facility to house Tech Depot. “This is a huge day for economic development in Newport,” shared Mayor David Stewart. “The new Tech Depot facility will allow our citizens to access the training and skills to work with any company in the world, and often they will be able to work remotely and continue to live and raise their families here.”

 

Less than three weeks ago, Governor Asa Hutchinson cut the ribbon on the Tech Depot collaboration in downtown Newport, Arkansas. The first apprentices and participating companies are currently being established by the Arkansas Center for Data Sciences (ACDS) and the curriculum is being finalized by ASU-Newport. “This is another huge step forward for apprenticeship programs in Arkansas,” according to Bill Yoder, Executive Director of ACDS. “We have experience in IT and apprenticeships, and ASU-Newport has experience in technical curriculum development and delivery, and now with this facility we have all the tools for world-class IT training in Newport, Arkansas.” Tech Depot is beginning their operation in the historic Iron Mountain Train Depot in downtown Newport and will move to the new facility upon its completion.

 

“The partnership between the Newport Economic Development Commission, ASU-Newport, and the Arkansas Center for Data Sciences is allowing us to support our existing industries by helping them grow the Information Technology talent they need right here in Arkansas,” stated Jon Chadwell, Executive Director of the NEDC. “In addition, we believe that having this resource to develop IT talent will attract other companies who are having challenges finding qualified employees for these positions.” The new Tech Depot facility will contain Apprenticeship Training Rooms, an IT Co-Working Space, an IT Incubator for entrepreneurs, shared office space for companies who use the facility, and an apprenticeship testing center. Anticipated construction time for the building is eighteen to twenty-four months. Dr. Sandra Massey, Chancellor of ASU-Newport, said, “ASU-Newport is proud to be part of this great new opportunity for Newport and all of northeast Arkansas. We welcome the opportunity to support and develop the technical skills of the incredible people who call Arkansas their home.”

 

The Arkansas Congressional Delegation worked with the City of Newport and the grant writing team at White River Planning and Development District to secure the grant from the Economic Development Administration. “The CARES Act continues to provide vital support and assistance to Arkansas as our state deals with the effects of COVID-19,” said Senator John Boozman. “This grant will help Newport and the regional economy by training residents to fill in-demand jobs and creating further opportunities for economic growth in the community. I welcome this investment by the EDA and the Trump Administration at this critical time.” Arkansas’ leaders understand that developing high-skill talent in rural communities will help preserve these cities in an ever changing world. Congressman Rick Crawford commented, “The demand for a highly skilled information technology workforce is only growing, and it is vital that we are providing the proper education and training for students to fill this demand. This investment not only helps provide a critical resource to local Arkansans in the technology field, it creates an innovative training program that will attract business professionals nationwide.”

 

The inaugural classes in the Tech Depot will have over 40 apprentices participating and will support companies located in Newport, Batesville, and Jonesboro. The partners anticipate classes growing to support over 100 apprentices every six months by the end of the third year. Any company with IT employee needs can either send an incumbent worker for apprenticeship training or work with the Arkansas Center for Data Sciences to locate an apprentice to hire and train at the Tech Depot. Individuals interested in IT careers can put their name into the apprenticeship pool of candidates that will be offered to companies for consideration. For more information visit www.techdepotnow.com.

 

Tech Depot is the center piece of Newport’s Downtown Technology Park, known as DTech Park. DTech Park, operating out of the Newport Economic Development Commission offices, will assist technology companies in securing a remote work location, finding office space, securing a partnership with the Tech Depot or in locating incentives to start or expand their technology based business. “Rural sourcing, which to me means finding our talent in rural America rather than offshore, can help companies with security and profitability while also growing the small towns and cities that have been America’s backbone for centuries,” explained G.B. Cazes, Principal of the Emory Group. The Emory Group is consulting on the project and assisting with development and logistics. To learn more about Newport’s Downtown Technology Park visit www.dtechpark.com.

 

Tech Depot and DTech Park are bringing IT opportunities to rural Arkansas. To get involved please complete the contact form on the website or call the Newport Economic Development Commission at 870-523-1009. Further questions and inquiries can be forwarded to Jon Chadwell at director@newportaredc.org.

 

Sincerely, 


Jon Chadwell

Newport Economic Development Commission

www.newportaredc.org

870-523-1009

By Christel Taylor 18 Apr, 2024
Jackson County Community Theatre!
By Courtney Baker 22 Nov, 2023
There's No Place Like Local This Holiday!
By Courtney Baker 13 Nov, 2023
Newport Christmas Parade The Newport Christmas parade will be held Thursday, December 14, 2023 beginning at 6 p.m. Entries are now being accepted at the Newport Area Chamber of Commerce for business and nonprofit organization floats, walking groups, antique vehicles, beauty queens, horseback riders, school clubs and organizations, etc. Participants will be traveling down Hwy. 69 to Malcolm Avenue then down to Village Mall parking lot. Awards will be given for first, second and third place for both the commercial and non-commercial categories. Entry is free, and participants may choose their own holiday theme. However, Santa Claus will be flying in early from the North Pole as the last entry in the parade, so please do not plan a “fake” Santa on your float. Float judging will begin no later than 5:30 p.m. Please include the name of your business or organization somewhere on your float for faster judging. Line up will be held in the parking lot across from Riceland Foods no sooner than 5 p.m. (McLain and Hwy. 69). Walkers and dance groups should line up on the Riceland side of Hwy. 69. Vehicles that are entered in the parade are to enter the parking lot from McLain Street and face toward Hwy. 69. There will be a line up crew on hand. The line up area will be very crowded. Those who are driving vehicles that will not be in the parade are asked to find parking on the Riceland side of Hwy. 69 and walk across to the line up area. If dropping off a parade participant, please do not enter the parking lot. If you are planning to watch the parade along the route with children, please make sure that they stay by the street curbs and not in the road for safety purposes. Immediately following the parade, there will be a drive-by Christmas display event at the home of Dr. Patti Mullins, 4 Sue Circle. Santa and Mrs. Claus will be there. Enter by clicking the link below. Entry forms are also available at the Chamber office, 201 Hazel Street. Completed forms may be faxed to 523-1055, dropped off at the Chamber at 201 Hazel Street, or emailed to director@newportarchamber.org . In the event of inclement weather, parade participants will be notified of an alternate date. Parade Entry Form
06 Nov, 2023
Mary Alice Holden Conner Memorial Park Closed For Maintenance
By Courtney Baker 05 Oct, 2023
Public Notice for KOKR Radio
By Courtney Baker 05 Oct, 2023
Public Notice for KNBY Radio
By Courtney Baker 22 Aug, 2023
25th Annual Depot Days
By Courtney Baker 17 Aug, 2023
18th New Vision Newport Leadership class now accepting applications!!
By Courtney Baker 14 Jul, 2023
Newport Alumni Hall of Fame Banquet Thursday, August 10, 2023
By Courtney Baker 23 Feb, 2023
NEDC Wins Settlement Worth $2.5 Million in Medical Marijuana Lawsuits For Immediate Release Newport Economic Development Commission Newport, Arkansas director@newportaredc.org The Newport Economic Development Commission won a settlement with a value of $2,518,015.00 yesterday in two separate lawsuits concerning the relocation of a medical marijuana cultivator previously located in Newport, Arkansas. In November of 2020, the Arkansas Medical Marijuana Commission approved a transfer of Natural State Wellness, LLC’s license to Good Day Farms, LLC. At that same meeting, the Commission also approved a transfer of location, allowing the facility to move from Newport, Arkansas to Pine Bluff, Arkansas. Jon Chadwell, Executive Director of the Newport Economic Development Commission made a formal request to the Arkansas Medical Marijuana Commission to reverse the decision to move the facility. That request was denied. In April of 2021, Attorney David Couch, a Newport native, filed a lawsuit for plaintiffs the Newport Economic Development Commission; the City of Newport; the Newport Charitable Foundation and the Newport-Jackson County Industrial Development Bond Board against the Arkansas Medical Marijuana Commission; the Arkansas Alcoholic Beverage Control Division; Good Day Farm, LLC; Natural State Wellness, LLC and Harvest Health and Recreation, Inc. in Circuit Court of Jackson County. The suit was to recoup economic damages caused by the relocation of the facility. That lawsuit was followed by another lawsuit in October of 2021 by Couch for the Newport-Jackson County Industrial Development Bond Board to recapture possession of the property sold to Natural State Wellness with all improvements, including the building constructed on the property by Natural State Wellness. The lawsuit against the property owner BLRS was moved to federal court. On February 22, 2023, a mediation process was held with Couch and Chadwell representing the plaintiffs and individuals and attorneys representing Harvest Health and Recreation, Inc. and Good Day Farms, LLC. Through the process, the defendants agreed to a settlement which returned the building and land to the Newport-Jackson County Industrial Development Bond Board, awarded $1,000,000 in cash restitution to the community and covered the legal fees and costs. The total value of the settlement is $2,518,015.00 which is being paid through a negotiated agreement between Harvest Health and Recreation, Inc. and Good Day Farms, LLC and a transfer of property from BRLS to the Newport-Jackson County Industrial Development Bond Board. “We feel vindicated to receive this settlement from Harvest Health and Good Day Farms on behalf of Newport,” stated Jon Chadwell. “We have many exceptional businesses in Newport that are significant partners in growing the community. However, when a business does not live up to its commitments, we feel obligated to take action behalf of the community.” Newport Mayor Derrick Ratliffe said, “The City of Newport has established a very pro-business environment and we are excited to have this building back under local control so we can use it to recruit another company to our community.” This settlement brings an end to the two-year process of seeking restitution for Newport and Jackson County.
More Posts
Share by: