Asset-Based Development

Ohio

Athens

ACEnet: Building Ohio’s Hardwood Sector

Since 1985, the Appalachian Center for Economic Networks (ACEnet), based in Athens County Ohio, has held steadfast to its mission of growing the regional economy in 32 Appalachian Ohio counties by supporting entrepreneurs and local sector growth. With ARC support ARCnet operates the Food Venture Center in Athens, and Business…
Investment in Action
West Virginia

Appalachia’s Hardwoods Branch Out

ARC investments in West Virginia’s hardwoods manufacturing sector allow for entrepreneurs to receive the support they need in producing/marketing hardwoods goods, and for the development of a hardwoods industry strategic plan.  In 2018 and 2019, ARC helped support entrepreneurs in the production and marketing of value-added hardwoods manufactured goods, the…
Investment in Action
Georgia

Access to Capital for Entrepreneurs Helps Small Businesses in Georgia During COVID-19

TJ Kaikobad and his wife, Danielle, of Cyra’s Simple Goodness Restaurant in Dalton, Georgia, recently received ACE’s Small Business Entrepreneur of the Year Award.Photo courtesy of Erik Voss With ARC support, Access to Capital for Entrepreneurs (ACE) in Cleveland, Georgia, is a Community Development Financial Institution (CDFI) providing access to capital and business…
Investment in Action
West Virginia

Summers

Sprouting Farms: Growing West Virginia’s Local Food Economy

First conceptualized in 2014, Sprouting Farms’ mission is to help farmers realize economic opportunities in the New and Greenbrier River Valleys by accessing land and capital, building assets, and developing successful business plans. . 2016, with support via ARC’s POWER Initiative to diversify the Region’s coal-impacted communities, The New River…
Investment in Action
Children lining up near theatre
Virginia

Montgomery

Appalachian Community Capital: Investing in the Investors

Access to capital is one of the biggest obstacles to small business and entrepreneurial growth in Appalachia. In 2013, with seed money from ARC and other partners, Appalachian Community Capital (ACC) was founded to increase business lending opportunities and new sources of capital via community loan funds and Regional Community…
Investment in Action
Downtown Lawrence, Tennessee


Opportunity Zones

What Are Opportunity Zones? Opportunity Zones are economically distressed communities where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state, and that nomination has been certified by the Secretary of the…
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Sources of Regional Growth in Non-Metro Appalachia

The Sources of Growth project is part of a series of research efforts funded by the Appalachian Regional Commission to improve understanding of factors affecting economic growth in rural and distressed areas.
Report