The Appalachian Regional Commission (ARC) awarded a $1,875,000 Project Grant under the Appalachian Area Development program (CFDA 23.002) to the Mountain Association for Community Economic Development (MACED), a non-profit organization and community development corporation located in Berea, Kentucky. This 2-year grant, effective October 1, 2023, will support MACED's "SECTOR-BASED STRATEGIES" to strengthen the regional economy and build community capacity in Appalachian Kentucky. The...
The Department of Commerce Economic Development Administration awarded a $1.25 million Project Grant to the Mountain Association for Community Economic Development on May 20, 2021 under the Economic Adjustment Assistance (EAA) program. The EAA program supports regions experiencing adverse economic changes with technical assistance, planning, and infrastructure projects. This award will fund infrastructure and other economic adjustment services for Berea, Kentucky. The Mountain Association will...
The Economic Development Administration (EDA) awarded a $684,700 Project Grant to the Foundation for Appalachian Kentucky to support the formation and implementation of a professional, member-managed angel investment fund. This fund will provide financial and intellectual capital to the emerging entrepreneurial ecosystem in Southeast Kentucky. The project aims to increase leadership and community capacity for entrepreneurship, support the growth of small businesses and tech startups, and...
The Kentucky Education & Workforce Development Cabinet received a $1 million Project Grant award from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307). The grant funds will support statewide planning efforts to boost economic development, combat climate change impacts, and aid pandemic recovery through May 2024. As part of EDA's American Rescue Plan statewide planning program, the funds will lay the groundwork for...
The Economic Development Administration awarded a $1 million Project Grant to the Commonwealth of Kentucky under the Economic Adjustment Assistance program (CFDA 11.307) on November 1, 2021. The grant funds will support statewide planning efforts through May 1, 2024 to develop comprehensive plans to strengthen Kentucky's economy in the face of the ongoing pandemic and climate crisis. As the recipient, the Kentucky Education & Workforce Development Cabinet will work with partner organizations...
The U.S. Department of Commerce Economic Development Administration awarded a $3.675 million project grant to the Kentucky Department for Local Government to support development and implementation of a Comprehensive Economic Development Strategy for 16 Area Development Districts in Kentucky. Funded under the Economic Development Support for Planning Organizations program (CFDA 11.302), the grant will facilitate a collaborative CEDS process through June 2023 to diversify and strengthen the...
The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $100,000 Project Grant under the Rural Microentrepreneur Assistance Program (CFDA 10.870) to the Mountain Association for Community Economic Development (Mountain Association), a non-profit organization and community development corporation based in Berea, Kentucky. The grant, valid from January 23, 2025 to January 23, 2027, enables Mountain Association to provide comprehensive financial and technical assistance...
This $4.5 million Project Grant from the Department of Commerce Economic Development Administration supports the McCreary County Heritage Foundation, Inc. in restoring and revitalizing the historic coal mining community of Stearns, Kentucky. Funding will support restoring the McCreary County Museum and making improvements to the historic district, including walks, drainage, paving, signage, amenities, and more. The project aims to build on the city's tourism and cultural assets and increase...
The Department of Commerce Economic Development Administration awarded Community Ventures Corporation, Inc. a $3.6 million Project Grant under the Economic Adjustment Assistance program (CFDA 11.307) on April 8, 2021. The funding will support Community Ventures Corporation's provision of technical assistance, planning services, and public infrastructure projects to address adverse economic changes in Lexington, Kentucky. As part of the Economic Adjustment Assistance program, which provides...
The Economic Development Administration awarded a $500,000 project grant to the Mount Sterling/Montgomery County Industrial Authority through the Economic Adjustment Assistance program. The funding will support development of a comprehensive community and economic development plan for Montgomery County, Kentucky. The plan will create long-term strategies to guide housing, recreation, infrastructure, tourism, workforce and economic development. It will also develop branding, marketing and...