Nominate a Business Leader for the 2020 Arkansas Business Hall of Fame

FAYETTEVILLE, Ark. – The Arkansas Business Hall of Fame board is accepting nominations for the 2020 class of business leaders who have made a lasting contribution to business and their communities. The nomination deadline is July 31.

Arkansas Business Hall of Fame
Arkansas Business Hall of Fame

Specific criteria for selection and a list of past honorees can be found at Nominations can be made by completing and submitting the form found on the Arkansas Business Hall of Fame website or sending a letter of nomination including information that illustrates to the selection committee why the nominee deserves recognition.

Nominations also may be emailed to or by mail to the Office of External Relations at the Sam M. Walton College of Business, Donald W. Reynolds Center for Enterprise Development, Office of External Relations, Room 217, University of Arkansas, Fayetteville, AR 72701-1201.

The 2020 class will be inducted at a gala dinner Feb. 7, 2020, in Little Rock.

In selecting inductees, the committee considers outstanding leadership in establishing, building or running a business; improving his or her community; and displaying the highest level of ethics.

Equal consideration is given to Arkansans – by birth or by choice – whose business achievements have been inside or outside of the state. Living inductees must be at least 60 years of age. Nominations are not limited to graduates of the Sam M. Walton College of Business or the University of Arkansas.

About the University of Arkansas: The University of Arkansas provides an internationally competitive education for undergraduate and graduate students in more than 200 academic programs. The university contributes new knowledge, economic development, basic and applied research, and creative activity while also providing service to academic and professional disciplines. The Carnegie Foundation classifies the University of Arkansas among fewer than 2.7 percent of universities in America that have the highest level of research activity. U.S. News & World Report ranks the University of Arkansas among its top American public research universities. Founded in 1871, the University of Arkansas comprises 10 colleges and schools and maintains a low student-to-faculty ratio that promotes personal attention and close mentoring.

Kids Sell Lemonade Like a Boss on Saturday

On Saturday, May 4, Northwest Arkansas youth will learn how to become an entrepreneur through Lemonade Day, an educational activity that teaches children how to operate a business.

That day pop-up lemonade stands will blanket the region — from Gentry to Farmington and Bentonville to Fayetteville — as students compete to raise the most money. Afterschool programs such as Boys & Girls Clubs will also participate. 

To launch their businesses, students will:

  • Design their product and stand.
  • Select a location.
  • Borrow startup capital.
  • Determine a price.
  • Payoff their loan.
  • Create their marketing.
  • Make a profit.
2018 Lemonade Day Stand
2018 Lemonade Day

Projects usually support a charitable organization as well as reward the students for their entrepreneurial spirit.  

Under the direction of J.R. Hinkson, associate director for Undergraduate Programs at the Sam M. Walton College of Business, students in Leadership Walton, a professional development program at Walton College, are teaching the curriculum to kids in grades 3-8. Rita Littrell, director of the Bessie B. Moore Center for Economic Education at Walton College, provided support to the Leadership Walton students as they developed lessons on product development, pitching the investor, marketing, stand location and budgeting.

Partnering with Startup Junkie, an entrepreneurial consulting company that is managing the Lemonade Day program, Leadership Walton students served as mentors for elementary school classes.

Show these budding entrepreneurs your support and purchase lemonade in your neighborhood! Most stands can be found near your favorite retail outlet or downtown community.

Leadership Walton students participating in the program are:

Bailey Bennett

Chloe Brammell

Isabelle Brammell

Alexis Byrd

Sean Calhoun

Jordan Carr

Diane Charles

Brooke Dollar

Violet Duffy

Hagan Fromme

Katie Games

Sara Gardner

Faith Heller

Tess Iler

Kirsten James

Anna Justice

Kate Lynn

Andrea Mann

Ben Martin

Juliann Phillips

Destiny Posey

Abbie Rhodes

Alyson Schutte (Team Leader)

Sara Scott

Prudhvi Tavva

Corey Vance

Evan Waicberg

Helen Woodham