Report: Northwest Arkansas sees increase in business startups

Report: Northwest Arkansas sees increase in business startups

FAYETTEVILLE, Ark. (KNWA/KFTA) — A new report from the Walton Family Foundation found an increase in business startups across Northwest Arkansas, compared to other major cities. The study compared Northwest Arkansas to cities including Austin, Texas; Raleigh, North Carolina and Provo, Utah to see how the region compares in new business creation. The report found an increased growth rate, from 4.9% in 2018 to 6.7% in 2021, which outpaces all benc…