Western Arkansas offers $10,000 Bitcoin to relocating entrepreneurs and remote workers

Northwest Arkansas hopes to lure remote tech workers and entrepreneurs to the region by offering them $10,000 worth of Bitcoin and a bicycle.

Northwest Arkansas has more than 10,000 job openings and a shortage of talent to fill available STEAM [science, technology, engineering, art or math] jobs, Yahoo Finance reports.

Remote workers with jobs or entrepreneurs who are self-employed can apply for either $10,000 in cash or Bitcoin.

Recipients will also receive a street or mountain bicycle to explore the outdoors.

Potential transplants must be able to relocate to Northwest Arkansas within six months of acceptance, sign a lease for local housing or purchase a house, be at least 24 years old, and have full-time remote employment.

EV startup Canoo recently announced it is relocating its headquarters to Northwest Arkansas and establishing an R&D center in the area.

Walmart has its headquarters in Bentonville, Arkansas.

Tyson Foods and JB Hunt are also located in the state.