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School:Arkansas Baptist College

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ABC does not have a technology transfer office in the conventional sense.  However, the College hopes the entrepreneurial capital graduates will positively transform the local business climate.  In this way, rather than commercializing research outputs, the College hopes to add to the entrepreneurial vigor of its community through college and alumni owned business ventures. 
=College-Industry Collaboration=
ABC’s Capital Campaign and various entrepreneurship initiatives have deepened the College’s collaborations with the private industry.  These collaborative relationships include '''First Security Bank of Little Rock''' and '''''Arkansas Capital Corporation.'''''
'''First Security Bank of Little Rock''' and '''''Arkansas Capital Corporation''''' will provide financing for ABC’s $18 million capital improvement initiative.  Under the New Markets Tax Credit Program, the Arkansas Capital Corporation will sell tax credits to qualified national investors, and the tax credits ultimately will reduce the amount of debt owed by ABC to First Security Bank.
Over the past two years, ABC has raised $6 million in contributions and grants for capital projects.  The College has also demolished or renovated 20 houses, bought 12 additional homes and lots, and acquired three businesses in an effort to revitalize the neighborhood. 
As part of the capital improvement, ABC has:
*Constructed a new building that will expand the cafeteria from 77 seats to 322
*Constructed a new 190-bed residence hall; and
*Purchased land around the campus to prepare for future growth.&nbsp
ABC will also:
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