Hi friend, 

Congress has officially enacted the One Big Beautiful Bill Act—signed into law by President Trump on July 4th—marking a sweeping structural reset in how capital, innovation, and spending are handled across the U.S. economy. 

It’s not a stimulus. It’s not a grant. It’s a structural shift in how capital flows—designed to favor builders. QSBS is back and better. R&D and CapEx are fully expensable again. Interest deductibility just got easier. And the incentive map across sectors like AI, biotech, and defense has been redrawn.

This changes how you raise, how you structure deals, and how you think about long-term returns.

👉 Here's our breakdown of what’s actually in the bill, what got cut, what it unlocks for founders and funders,  and how to plan around what’s coming next. 

Inside This Issue:

• Celebrations 
• Featured Happenings: Happy Hour with Refinery Ventures and Office Hours with Nick Smith *Members Only*
• Upcoming Events and Opportunities

✏️ A special note to our startups: We're eager to support your journey—whether it's connecting with customers, accessing vital resources, or scaling your operations in NWA. Drop us a line to tell us about your upcoming raise or if there are customer connections that we can assist with. We’re here to help!

StartupNWA is part of the Northwest Arkansas Council—a private, nonprofit organization working to advance job opportunities, talent recruitment, physical infrastructure, health care, and quality of life.