Appalachian Community Capital Awarded Grant from Truist Foundation

Christiansburg, VA, [August 28, 2024] – Appalachian Community Capital (ACC) is pleased to announce that Truist Foundation has awarded ACC a $1.3 million grant to support diverse small businesses in the Appalachian Region.

Small businesses are the backbone of Appalachia, and they are poised to provide the bridge to a resilient, diversified and sustainable economy that builds wealth and assets within local communities. However, without access to reliable financial resources and supporting capacity-building services, small businesses will continue to face barriers. The grant provided to ACC aligns with Truist Foundation’s pillar of strengthening small businesses. ACC and its members will increase access to capital by accelerating support to diverse small businesses in Appalachia, including businesses owned by persons of color and women.

August 2024