Startup Junkie Foundation, the Northwest Arkansas based nonprofit dedicated to building the entrepreneurial and innovation community, is partnering with a team of community volunteers and donors to launch a re-sell store to provide financial support to local small business owners. The store, dubbed UpStart Thrift will be located in Farmington, and all proceed will be directed back to the entrepreneurial community.
UpStart Thrift will be located at 235 E. Main Street in Farmington. The store will be attached to a soon to be announced national food chain.
Building on the Startup Junkie mission of improving lives through entrepreneurship, UpStart Thrift will focus on three pillars of service: serving the community through access to affordable clothing and home goods, access to hand-up capital to small business owners, and community lending as a 키바 NWA lending team.
The launching of such an endeavor is made possible through charitable contributions from members of the Fayetteville and Farmington communities. All associated startup costs have been covered by anonymous donations, including operating costs, until the store is self-sufficient.
UpStart Thrift will serve as the latest endeavor of Startup Junkie Foundation’s “Entrepreneur’s Give Back” initiative. Under this initiative, the organization launched a food drive to benefit the Northwest Arkansas Food Bank in December of 2021.
“The Northwest Arkansas venture community is a very giving one,” said Startup Junkie Foundation Executive Director Caleb Talley. “Whether it’s giving of their time, knowledge, or resources, I’ve seen the impact our area entrepreneurs have on each other and the rest of this growing community. Through this store, we hope to be able to provide our small business community access to funding that could make all the difference.”
Criteria for these small grants has not yet been determined. Funds lent through the NWA Kiva Hub will be directed as small business borrowers raising on the platform, providing “a hand up, not a handout.”
UpStart Thrift is currently seeking donations of clothing and home good items to be sold in the store and is planning for a June 1 grand opening and ribbon cutting.
All physical and monetary donations are tax deductible, as Startup Junkie Foundation is a 501c3 organization. Monetary donations can be made at startupjunkie.org/support.
##
스타트업중독재단 소개: Startup Junkie는 기업가의 승리와 지역 사회의 번영을 돕기 위해 매일 일하는 열정적인 사람들로 구성된 팀입니다. 우리는 무료 일대일 컨설팅을 통해 기업가와 혁신가를 교육하고, 영감을 주고, 지원하기 위해 존재합니다. 이벤트, 워크숍, 프로그램; 그리고 자본과 재능에 대한 접근.
Korean 
English 
Spanish