Appalachian Community Capital: Investing in the Investors

An article by the Appalachian Regional Commission, notes that access to capital is one of the biggest obstacles to small business and entrepreneurial growth Appalachia. In 2013, with seed money from ARC and other partners, Appalachian Community Capital (ACC) was founded to increase business lending opportunities and new sources of capital via community loan funds and Regional Community Development Financial Institutions (CDFIs). As a lending intermediary, ACC raises capital for its member Regional CDFIs. By growing the net capital base and program capacity of participating loan funds, these CDFIS are making it possible for Appalachian businesses and entrepreneurs to create high quality jobs, retain local wealth, and improve the quality of life in the Region.

January 2023