The Appalachian Regional Commission has awarded a $3,000,000 Project Grant to Southeast Community Capital Corporation, a non-profit community development corporation, under the Appalachian Area Development (CFDA 23.002) program. The grant will fund the delivery of small business loans, microloans, training, and technical assistance to support microenterprise development, small business growth, and entrepreneurship in disadvantaged and underserved communities in Tennessee over a 3-year period...
The Appalachian Community Capital Corporation (ACCC) received a $2,839,600 Project Grant award from the Appalachian Regional Commission (ARC) under the Appalachian Area Development program (CFDA 23.002). The grant will fund ACCC's efforts to increase access to capital and provide financial assistance, technical support, and entrepreneurial development services for small businesses, including minority and women-owned enterprises, located in underserved communities across the Appalachian region....
The Appalachian Regional Commission (ARC) awarded a $1,800,000 Project Grant under the Appalachian Area Development program (CFDA 23.002) to Partner Community Capital, Inc. (doing business as Ncif), a non-profit community development financial institution based in West Virginia. The grant, awarded on October 1, 2024, will support Ncif's efforts to provide financing, technical assistance, training programs, and capacity building services to underserved communities in the Appalachian region,...
The U.S. Small Business Administration (SBA) awarded a $292,134 Microloan Program (CFDA 59.046) project grant to Southeast Community Capital Corporation, a non-profit community development corporation and certified Community Development Financial Institution (CDFI) based in Tennessee. The grant funding will enable Southeast Community Capital to provide microloans up to $50,000 and accompanying technical assistance to support small businesses, particularly those owned by women, minorities, and...
This federal Project Grant award of $6,500,000 was provided by the Appalachian Regional Commission (ARC) under the Appalachian Research, Technical Assistance, and Demonstration Projects program (CFDA 23.011) and awarded to Mountain Bizcapital Inc. on October 1, 2024. The funding supports Mountain Bizcapital's mission to generate jobs and economic resilience in rural Western North Carolina by providing a range of financial and technical assistance services to underserved entrepreneurs,...
The Appalachian Regional Commission (ARC) awarded a $389,325 Project Grant to Venture Carolina, a non-profit organization, under the Appalachian Area Development program (CFDA 23.002). This funding will support the delivery of business technical assistance services from August 1, 2023 to June 30, 2025. The Appalachian Area Development program aims to strengthen the regional economy and build community capacity in the Appalachian region through investments in critical infrastructure,...
The Appalachian Regional Commission awarded Seda Council of Governments $833,333 under the Appalachian Area Development federal grant program (CFDA 23.002) for the period of July 1, 2021 to June 30, 2022. This Project Grant funding will support the organization's delivery of business technical assistance services and activities. As outlined in the grant program description, funded projects must advance the Commission's strategic goals of strengthening Appalachia's economy through entrepreneurial...
The Appalachian Regional Commission (ARC) awarded a $1,054,049 Project Grant under the Appalachian Area Development program (CFDA 23.002) to Next Upstate, LLC, a non-profit organization based in Greenville, SC. The award, effective October 1, 2024 through September 30, 2025, will fund business and technical assistance activities to strengthen economic development, infrastructure, and community capacity across the 13-state Appalachian region. The Appalachian Area Development program is a...
This federal Project Grant award of $12,728,945.00 from the Appalachian Regional Commission (ARC) under the Appalachian Area Development program (CFDA 23.002) is intended to provide business technical assistance to the Appalachian region. The grant, awarded on February 1, 2025, will support a range of economic development activities through the Appalachian Investors Alliance, a non-profit organization based in Knoxville, Tennessee. Key focus areas include workforce training, community...
The Appalachian Regional Commission (ARC) awarded a $2,128,046.00 Project Grant on May 1, 2023 to the non-profit Progress Fund under the Appalachian Area Development (CFDA 23.002) federal grant program. This funding supports Progress Fund's work to provide loans, make equity investments, and deliver technical assistance to small businesses and organizations in economically distressed communities across Appalachia. As a certified Community Development Financial Institution, Progress Fund...