Our Work In North Carolina In partnership with the North Carolina Department of Commerce, ARC is supporting 40 projects in North Carolina totaling $10.9 million in fiscal year (FY) 2025. These investments have been matched by $8.5 million and are attracting an additional $33 million in leveraged private investments in…
Grant partner the Eastern Band of Cherokee Indians will use $50,000 in POWER funds to study the potential of an artisanal tannery industry on tribal lands. Seeking to draw on centuries of hunting, trapping and tanning traditions, EBCI hopes that the tannery will promote access to high quality food and…
The fund provides flexible loans to small businesses for both immediate economic needs and long-term rebuilding efforts in the Tar Heel State. Washington, D.C., November 8, 2024 – Today, the Appalachian Regional Commission (ARC) awarded $3.5 million to Mountain BizWorks to bolster its new fund supporting…
September 13, 2024 Asheville, North Carolina, serves as a successful model for economic revitalization in Appalachia. Tourists from far and wide seek out its rich cultural history, outdoor recreation opportunities, culinary scene and much more. As a result, entrepreneurship and business growth has helped diversify its economy and create numerous…
November 6, 2023 ARC’s Appalachian Regional Initiative for Stronger Economies (ARISE) is a funding opportunity driving large-scale, regional economic transformation through multi-state collaborative projects. ARISE projects support the development of new businesses, industries and opportunities across the region. One such industry is textile manufacturing, which…
