ARC awards $26 million for economic diversity
The Appalachian Regional Commission (ARC) announced $26 million in awards to expand and diversify the economy in coal-impacted communities in five states. This adds to the $47 million ARC has invested since 2015 through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative. The 31 awards that were announced in late January are projected to create or retain more than 2,500 jobs and leverage an additional $32 million from public and private investors.
ARC commits $20M for new round of POWER grants
The Appalachian Regional Commission has released a request for proposals for the 2018 POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Program.
The Appalachian Regional Commission has released a request for proposals for the 2018 POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Program. In this round of funding, ARC will commit up to $20 million to support efforts that create a more vibrant economic future for coal-impacted communities in the ARC region by cultivating economic diversity, enhancing job training and re-employment opportunities, creating jobs in existing or new industries, and attracting new sources of investment.
ARC announces $26.5M in POWER grants
The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER).
The Appalachian Regional Commission (ARC) announced its latest round of grants for Partnerships for Opportunity and Workforce and Economic Revitalization (POWER). The 35 grants totaling $26.5 million support workforce training and education in manufacturing, technology, healthcare, and other industry sectors; invest in infrastructure enhancements to continue developing the region's tourism, entrepreneurial, and agriculture sectors; and, increase access to community-based capital, including impact-investing funds, venture capital, and angel investment streams. The awards are projected to create or retain over 5,400 jobs and leverage more than $193 million in private investment into 59 Appalachian counties.
A few of the awards (with SSTI members in boldface) are highlighted here:
$43.3 million announced for 51 new POWER grants
The Appalachian Regional Commission (ARC) announced $43.3 million for 51 projects in the region’s coal-impacted communities. More than half of the awards will support recovery-to-work efforts or broadband initiatives. To date, ARC has awarded over $238 million and supported 293 projects.
Appalachian nonprofits can benefit from virtual training hub focused on financial sustainability
The Appalachian Regional Commission (ARC) has opened a new virtual training hub — the Appalachia Nonprofit Resource Center — to help the region’s nonprofits as they navigate the COVID crisis.
The Appalachian Regional Commission (ARC) has opened a new virtual training hub — the Appalachia Nonprofit Resource Center — to help the region’s nonprofits as they navigate the COVID crisis. Teams from regional nonprofits are invited to apply for dedicated technical assistance coaching focusing on long-term operational sustainability during the COVID crisis, and slots for 120 organizations are available. Topics include: short-term financial management; long-term financial management; mission and operations; and fundraising.
$44.4 million announced in new POWER grants
The Appalachian Regional Commission (ARC) announced $44.4 million in 54 awards to help expand and diversify the economy in Appalachia’s coal-impacted communities through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative. One third (more than $14.6 million) of these investments will develop business incubators, increase access to capital, and provide other services to advance entrepreneurship in Kentucky, Ohio, Pennsylvania, Tennessee, and West Virginia.
Manufacturing wage growth supporting Appalachian economy
Earnings for Appalachian manufacturing workers grew 3.4 percent from 2012 through 2017 to an average of $63,583. The growth is in the Appalachian Regional Commission’s Industrial Make-up of the Appalachian Region, 2002-2017, which reviews employment and wages by sector across the region. Appalachian workers overall saw earnings increase by 3.7 percent over the five years.
ARC awards nearly $21 million to revitalize coal-impacted communities; projects support innovation
Today the Appalachian Regional Commission (ARC) awarded nearly $21 million for 21 projects impacting 211 counties through its POWER (Partnerships for Opportunity and Workforce and Economic Revital
$46.4 million announced for 57 new POWER grants
The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) grant package to date, investing nearly $46.4 million into 57 projects across 184 counties. The award aims to leverage entrepreneurship, workforce development, and infrastructure to bolster re-employment opportunities, create jobs in existing or new industries, and attract new sources of investment.
ARC POWER Initiative awards $47 million to diversify Appalachian economies
The Appalachian Regional Commission (ARC) recently announced its largest POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative funding package. This funding package awards nearly $47 million to 52 projects in 181 counties to support economic diversification and mitigate job losses from coal-related industries in Appalachian communities.
New Resource: A primer of Appalachian Regional Commission’s funding opportunities
Many federal funding programs have the potential to support technology-based economic development (TBED) initiatives, even when technology and innovation aren’t their explicit focus. This is the case with the Appalachian Regional Commission (ARC). SSTI recently sat down with Christy Johnson, ARC program analyst, to learn how three of ARC’s funding opportunities can support TBED activities in the Appalachian region.
ARC launches $73.5 million grant initiative to grow regional economies in Appalachia
A new $73.5 million grant opportunity using funding from the Bipartisan Infrastructure Law is aimed at growing and supporting the development of new economic opportunities across multiple states in Appalachia.
ARC Awards $16.4M+ to Grow Green Manufacturing in Northern and Central Appalachia and nearly $54 million for its POWER initiative
The Appalachian Regional Commission (ARC) recently awarded new grants totaling over $16.4 million to boost green energy manufacturing and workforce development through its Appalachian Regional Initiative for Stronger Economies (ARISE) funding opportunity.
ARC Awards $33.5 M to accelerate economic growth across 13 Appalachian states
The Appalachian Regional Commission (ARC) awarded $33.5 million to 12 collaborative, multi-state projects designed to drive large-scale economic transformation.
ARC makes ARISE awards
The Appalachian Regional Commission (ARC) recently awarded $14.5 million in Appalachian Regional Initiative for Stronger Economies (ARISE) grants for five projects.