Business incubator

Ended Project Grant Awarded Last action

Award ID
ARC23C21484
Recipient
Awarding agency
Obligated
$857,143

Award facts

Assistance listing
23.002 Appalachian Area Development
Completion date
Funding
  • $599,999.00 Federal
  • $257,144.00 Non-federal
Place of performance
Tennessee, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Appalachian Regional Commission (ARC) awarded a $857,143 Project Grant to the Cherokee Farm Development Corp, a non-profit organization located in Tennessee, to support a Business Incubator program. The grant, which runs from October 1, 2023 to September 30, 2026, is funded through the ARC's Appalachian Area Development program (CFDA 23.002). The Business Incubator program aims to strengthen the regional economy and build community capacity in the Appalachian region by investing in entrepreneurial and business development strategies, critical infrastructure, and workforce training initiatives that align with ARC's strategic goals.

Quick answers

Who received award ARC23C21484?

ARC23C21484 was awarded to Cherokee Farm Development Corp by Appalachian Regional Commission on October 1, 2023.

How much is award ARC23C21484 worth?

$857,143 has been obligated on ARC23C21484: $599,999 in federal funding and $257,144 in non-federal funding.

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