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Arkansas' entrepreneurial ecosystem is thriving and most agree that it hasn't yet reached its full potential. We explore several of the state's idea-makers spanning a variety of industries. We discuss the ideas, the stage of the business and how it benefits Arkansas. We also provide a list of agencies and organizations that provide programs and services to Arkansas entrepreneurs, startups and small business owners. This story and others in the issue are excellent illustrations of our tagline, “The Power of Business.” We also look into how sports conferences benefit Arkansas cities, how the state is well-positioned to benefit from the emerging drone industry and more.

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    EDUCATION

    certification so that when they graduate they are credentialed in this application. In fall 2016, ASU will offer interactive advertising, as well. They will also learn how to measure and monitor social media.

    The handful of students Im advising really like it, Hall said. But, she said she doesnt worry that they will produce more students than there are jobs in this special-ty. I get at least one email or phone call a week from a local organization saying, We need help! We dont have enough students to meet the need.

    Yet. Well be promoting the major over the next year so students can understand what kind of jobs they can have, she said. The demand is out there.

    4. INNOVATION & ENTREPRENEURSHIP University of Central Arkansas

    When it comes to the market, supply and demand, the University of Central Arkansas in Conway has a new major in its College of Business: innovation and entrepreneurship. Michael Hargis is the dean who has been in-volved in its launch.

    With any degree program, you dont want to just create it because youre inter-ested in the topic, said Hargis. He said that facts dictated their course: small businesses and startups play a significant role in eco-nomic growth, and innovation and creativity are important abilities in the business world given its pace of change and expansion of business models.

    This is UCAs fourth year with its inno-vation and entrepreneurship program and it has more than 60 majors.

    We are preparing students for two dif-

    Any time we get an idea [for a new major], we think, Do we need this? Are there jobs out there?

    Jeff Woods, dean, College of Arts and Humanities, Arkansas Tech University

    ferent paths, said Hargis. One is to walk out the door and start their own business whether a retail store or coffee shop but the reality is that many college students dont have access to capital, networks or infrastructure, so the other path is placing students in small and large businesses that realize the benefit of a creative, smart work-force.

    He said UCA has entrepreneurship grad-uates in different job titles and business focuses, including what he referred to as intrapreneurship, which means to apply entrepreneurial values internally to grow and advance businesses, or business units within organizations.

    Our degree program tries to create pipe-lines and platforms to succeed. In fact, our students are frequently in business-plan competitions across the state, he said.

    UCAs new major is like an incubator pro-gram, as students are very focused on busi-ness creativity and innovation. They learn to recognize the difference between an idea and business demands, they identify prob-lems and solutions, and they develop new products.

    In fact, its possible that throughout their coursework, theyre working toward a sin-gle, entrepreneurial end.

    This major gives students early exposure to the need-based business. They use the subsequent classes in the major to build out their business plans, and they build a portfo-lio as they work their way through the pro-gram with plans and prototypes, said Har-gis. The capstone class is a business-plan class to integrate everything from the idea to finance, teamwork and management.

    There is an art to creativity and innova-tion, Hargis said. You can get better at it.

    3. SOCIAL MEDIA MANAGEMENT Arkansas State University

    Arkansas State University in Jonesboro is expanding its bachelor of science in strategic communication with an emphasis in social media management. Media and communi-cation professor Holly Kathleen Hall helped design this added option.

    This is a huge job-growth area, she said. ASU professors asked themselves what curriculum would meet the needs of what the industry was telling the school it was lacking.

    When I started at A-State eight years ago, my former dean encouraged me to de-velop a class in social media, which rolled out about four or five years ago, she said. We started to get a lot of calls from local businesses saying they needed help in this area. We listened.

    While she doesnt yet have official num-bers for the brand new program, Hall said she has a handful of students she advises who are enrolled in it. Many students in stra-tegic communication choose more than one area of emphasis, and may also be enrolled in public relations and advertising courses.

    Weve been getting requests from ad and PR agencies, nonprofits, retail outlets, you name it, she said of the major and its students. One of the great things about this is that they can major in this and then they can find an industry theyd really like to pro-mote via social media.

    The focal class is social media in strategic communication, which teaches the strategic planning process, how to design platforms and how to write for social media specifical-ly. They plan a social media campaign for a real client. Students must also earn Hootsuite

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