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Research and Development Incentive

Eligible businesses that contract with one or more Arkansas colleges or universities in performing research may receive a 33% income tax credit. Eligible businesses performing in-house research may receive 10% income tax credit, capped at $10,000 per year. Targeted businesses may also earn transferable income tax credits equal to 33% of approved expenditures for in-house research.

For more information, Joey Dean (Vice President, Economic Development; Executive Director, Metro Little Rock Alliance), 501.377.6006. 

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Stock in the Rock Investors 
Acxiom | AFCO Steel | Alessi Keyes Construction Company | Sol Alman Company | American Abstract & Title Company | Apartment Hunters | Aristotle, Inc. | Arkansas Blue Cross and Blue Shield | Arkansas Business Publishing Group | Arkansas Democrat-Gazette | Arkansas Federal Credit Union | Arkansas Heart Hospital | Arkansas' FlagandBanner.com | Arvest Bank | Ashley Company | AT&T | Audio International | Bailey Properties, LLC | BancorpSouth | Baptist Health | The Benham Companies, Inc. | Bird & Bear Medical | BKD, LLP | Boyd Corley Construction, LLC | CDI Contractors, Inc. | Centennial Bank | CenterPoint Energy |  Central Flying Service | Chartwell Financial Group | Chenal Properties, Inc./Deltic Timber Corp. | City of Little Rock | Coldwell Banker Commercial Hathaway Group | Colliers International | James H. Cone, Inc. | Coulson Oil Company, Inc. | Covenant Medical Benefits | Cranford Johnson Robinson Woods | Cromwell Architects Engineers | Cross Gunter Witherspoon & Galchus, P.C. | Dassault Falcon Jet Corp | Delta Dental of Arkansas | Discount Trophies of Arkansas | East-Harding, Inc. | EDS an HP Company | Entergy Arkansas | Enterprise Rent-A-Car | Financial Centre Corporation | First Security Bank | Friday, Eldredge & Clark | Frost, PLLC | Garver Engineers | Goff Distribution, Inc. | Robert M. Goff & Associates | Harbor Distributing Company | Heifer International | Hickingbotham Investments, Inc. | Hoffman – Henry Insurance Corporation | Hugg & Hall Equipment Company | Hurd-Long Architects & Design Consultants, PA | Clay Murphy LLC dba The Insurance Center | Irwin Partners | The Janet Jones Company | Jay S. Stanley & Associates | Kinco Constructors, LLC | Lamar Outdoor Advertising | Lay Commercial Mortgage Co., LLC | Lexicon, Inc. | Little Rock Port Authority | Little Rock Wastewater | LM Glasfiber | Karen Flake & Associates | Mainstream Technologies, Inc. | May Construction Company | McClelland Consulting Engineers, Inc. | McGeorge Contracting Company, Inc. | McKay and Company Residential Realtors | Meadors, Adams & Lee, Inc. | Metropolitan National Bank | Middleton Heat & Air | Nabholz Construction Corporation | PDC Companies/PDC Construction | Pettus Office Products | PLANTation Services | Pollution Management, Inc. | Quattlebaum, Grooms, Tull & Burrow PLLC | Rose Law Firm | Ramsey, Krug, Farrell & Lensing, Inc. | Regions Insurance | Rector Phillips Morse, Inc. | J. A. Riggs Tractor Company | Sage Partners | Simmons First National Bank | Southwest Power Pool | Staffmark | Stagecoach Development Group | Stephens Inc. | Stone Ward | Telcoe Federal Credit Union | Tenenbaum Recycling Group, LLC | Transamerica Worksite Mktg/Aegon Ins. Group | UALR - IEA Director's Office | United Parcel Service | U.S. Bank | VCC | Verizon Wireless | Williams & Dean Associated Architects, Inc. | Windstream Communications | Wittenberg, Delony & Davidson, Inc. | Wright, Lindsey & Jennings LLP |