CAEDA is pursuing businesses in targeted industries--automotive, biotechnology, information technology, aerospace and financial services--to move to Arkansas.
Marcell told CAEDA members it was important that the new name include "Little Rock" so that people outside the state will recognize the area.
Chuck Cook, CAEDA co-chair of marketing and president and CEO of Regions Bank in Little Rock, said that hiring a full-time employee was a priority but said there was not yet a timetable for doing so.
We are very excited about this economic development study being conducted for central Arkansas," said Hugh McDonald, chairman of CAEDA and president and CEO of Entergy Arkansas.
CAEDA is made up of a volunteer board of business leaders and economic developers from Pulaski, Garland, Faulkner, Jefferson, Saline, White, Lonoke, Hot Spring, Conway, Grant and Perry counties.
In addition to the acknowledgment brought about by CAEDA
, Arkansas' capital city was recognized in several national publications and studies this year for its economic diversity and business culture.
currently has only volunteer staff, including a full-time employee donated by Entergy.
seeks to pull together the resources, economic and demographic information and population base of an area that has more than 900,000 people within a 50-mile radius of downtown Little Rock.