Recreational kayak manufacturer Eddyline Kayaks has picked up a minority growth investment from Bentonville investment firm RZC Investments. The investment will support various growth initiatives, including the company’s plans to set up a physical presence in Northwest Arkansas.
Patriot Software Company, a leading accounting software and payroll software provider, announced that it has raised an undisclosed amount in Series-A funding, led by RZC Investments. Located in Bentonville, Arkansas, RZC Investments is a multi-strategy investment firm focused on deploying capital into operating businesses.
Krista Cupp, communications director for Runway Group, was recognized on Tuesday, Aug. 17, 2021, as a leadership professional and a member of the Northwest Arkansas Business Journal’s 2021 Forty Under 40 class.
The folks at Heartland Forward describe their organization as a “think and do tank” rather than just a think tank. Established with Walton money in 2019 to foster economic growth in the middle of the country, it focuses on innovation, human capital, entrepreneurship, and health and wellness.
The brothers think Arkansas has a chance to be viewed as the “Colorado of middle America”–a place with abundant outdoor recreational and job opportunities, minus the high cost of living on the West Coast or East Coast.
“We are working to take Northwest Arkansas to new heights by focusing on investments, businesses, and brands to drive this catalytic change in the region and in all of Arkansas,” said Runway CEO Chad Yoes. “Positive change comes by taking action and making an effort, and that is what we aspire to do every day.”