Network·Venture Capital
📍 Cumberland, Maryland
Appalachian Economic Development Fund - Home Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Contact Us Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Welcome to Appalachian Economic Development Fund Contact Us Market Overview Economic Development Offices 8 State Initial focus: WV with OH, PA, MD, VA, NC, TN, KY opportunities Over $94 million in economic investment from fed gov’t thru POWER In FY 2017 $152mm invested thru ARC We will work closely with ARC and each state economic development office/group to identify matching funds for each investment. 2 States (PA, TN) provide limited direct capital investment in companies relocating to the region. App fund will extend to all 8 states. Transform Appalachian region into the Switzerland of the US Regional economic development groups: Appalachian Regional Commission (ARC) – 13 state governors Appalachia Economic Development Initiative (federal – HUD) Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) -- funding is approved by Congress. Learn More Appalachia has long history of being a key driver for the nation’s economic engine, and it has been the birthplace of a number of important industries in the U.S. – natural gas, coal, steel, chemicals, power generati
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Check Size
$94M–$94M
Location
Cumberland, Maryland
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