Appalachia's natural, cultural, structural, and leadership resources can play an important role in building a strong and sustainable economy in the Region. ARC's Asset-Based Development Initiative seeks to help communities identify and leverage local assets to create jobs and build prosperity while preserving the character of their community.
Development strategies include:
- Capitalizing on traditional arts, culture, and heritage.
- Leveraging ecological assets for outdoor sports such as fishing, camping, white-water rafting, and rock climbing.
- Adding value to farming through specialized agricultural development, including processing specialty food items, fish farming, and organic farming.
- Getting the most from hardwood forests by maximizing sustainable timber harvesting and value-added processing.
- Encouraging the development of local leadership and civic entrepreneurs.
- Converting overlooked and underused facilities into industrial parks, business incubators, or educational facilities.
ARC undertakes a broad scope of work under the Asset-Based Development Initiative, including identifying best practices, building partnerships with private, public and nonprofit organizations, providing technical assistance to communities, and funding asset-based development efforts.ARC Guidelines for Asset-Based Development Projects