The Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative targets federal resources to help communities and regions that have been affected by job losses in coal mining, coal power plant operations, and coal-related supply chain industries due to the changing economics of America’s energy production.
From October to December 2022, ARC awarded its latest round of investments – more than $48.5 million – to projects that will leverage entrepreneurship, workforce development, and infrastructure to bolster re-employment opportunities, create jobs in existing or new industries, and attract new sources of investment.
For questions about the POWER Initiative, please email email@example.com.
POWER’s Impact in Appalachia
Since 2015, ARC has invested more than $368.1 million in 449 projects touching 360 counties across Appalachia through the POWER Initiative. Together, these investments are projected to create or retain more than 39,600 jobs, leverage more than $1.57 billion in additional private investment into Appalachia’s economy, and prepare over 100,000 workers and students for opportunities in entrepreneurship, broadband development, tourism, and other industry sectors.