Community Venture Foundation

Community Venture Foundation, doing business as Startup Junkie Foundation, is a non-profit corporate entity based in Fayetteville, Arkansas, that focuses on supporting small business development and entrepreneurship initiatives. Registered in SAM.gov since August 2015, the organization primarily engages with federal agencies through project grants aimed at fostering economic development in rural and entrepreneurial ecosystems. The foundation has established a consistent track record of receiving federal grants from agencies like the Rural Business Cooperative Services, the Small Business Administration, and the Economic Development Administration.

The organization has received multiple federal grant awards totaling approximately $1.25 million, with a specific emphasis on rural business development, renewable energy, and small business support programs. Notable grant projects include a $250,000 Rural Energy for America Program (REAP) grant to support renewable energy systems and energy efficiency improvements for rural small businesses, a $1 million Congressional Grant to advance local small business growth, and several Rural Business Cooperative Services grants focused on rural enterprise development. These grants have consistently supported activities such as providing programmatic and construction support for new venture creation, implementing energy efficiency improvements, and developing entrepreneurship initiatives. The foundation's grant work spans multiple years, with project durations typically ranging from two to three years, and focuses on creating economic opportunities in rural and underserved business communities, particularly in the Northwest Arkansas region.