It is exciting to see close partners like Coalfield Development Corporation and Solar Holler featured in this piece on NPR, which includes two Huntington, WV projects that Invest Appalachia helped to finance: -The renovation of the Black Diamond building, where IA provided a creative blend of capital to meet the project's unique needs; and -The solar installation on the Huntington City Mission homeless shelter, where IA provided flexible bridge financing for the non-profit's federal Investment Tax Credit alongside grant funding from the Appalachian Solar Finance Fund, to make the project possible.
Invest Appalachia
投资管理
A regional blended capital initiative, collaboratively investing in the future of Central Appalachian communities.
关于我们
Invest Appalachia is a regional blended capital investment fund serving the communities of Central Appalachia. We are built by and for the people of our region, and work to foster a more equitable, resilient and sustainable economic future for our region. Visit our website for more information!
- 网站
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https://www.investappalachia.org/
Invest Appalachia的外部链接
- 所属行业
- 投资管理
- 规模
- 2-10 人
- 类型
- 非营利机构
Invest Appalachia员工
动态
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Next City hosted a conversation of E. KY stakeholders who are investing in an Appalachia that isn't just ready for the next climate-driven disaster, but is equipped to thrive in a climate-impacted future. IA participated along with colleagues from Mountain Association, Appalshop, Inc, Community Farm Alliance, and UK's Studio Appalachia.
Moving Past Resilience: Making Appalachia Safer from Climate Change
nextcity.org
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Thank you to our friends at Neighborhood Funders Group Integrated Rural Strategies Group for bringing attention to the impacts of Hurricane Helene on Western NC, and highlighting recovery efforts involving IA, Appalachia Funders Network, Mountain BizWorks, and others.
Hurricane Helene Disaster Recovery - Neighborhood Funders Group
https://nfg.org
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We are excited to partner on the 2025 Rural Community Investment Training cohort, now in it's second year hosted by the Federal Reserve Bank of Richmond. The curriculum, designed by Invest Appalachia and facilitated by Paul Wright, empowers local community leaders with the knowledge, skills, and connections to be advocates and "framers" for the investment that their rural communities and small towns need. This program is part of Invest Appalachia's focus on building locally rooted capacity across the investment "ecosystem." Without bringing more actors into this system, and leveling the playing field of knowledge and access, investment capital alone will never reach the communities and projects that need it most. The leaders and projects in previous cohorts have proven that their communities are investment-worthy AND investment-ready. We're excited to see what comes out of this group!
Rural Investment Collaborative Announces 2025 Community Investment Training Cohort
richmondfed.org
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Invest Appalachia is pleased to share information about the Western North Carolina Small Business Initiative, which is being launched today by our partner Appalachian Community Capital and other community lending partners serving WNC. This initiative, made possible by a $10 million lead grant from Dogwood Health Trust, will provide relief grants of up to $25,000 to very small businesses across WNC communities that sustained physical damage from Hurricane Helene. Invest Appalachia is committed to partnering with communities across the region to help ensure long-term recovery from the devastation of Hurricane Helene. We believe in the power of community-led solutions and collaborative approaches. Even as we work with partners on immediate response and recovery, Invest Appalachia continues to explore strategies and secure funding for long-term recovery and rebuilding that centers equity and resilience through a variety of investment tools. Eligible businesses for the Western North Carolina Small Business Initiative must be for-profit firms located within Dogwood Health Trust’s 18-county region, in operation for at least one year, and with annual gross revenues under $1 million in 2023. Grant applications are now open, with a submission deadline of November 27, 2024, at 11:59 PM. Additionally, technical assistance and support for applicants will be available in both English and Spanish through our extensive network of regional partners. To learn more, visit: https://lnkd.in/eEnhYHPr
?? Announcing the Western North Carolina Small Business Initiative ?? Appalachian Community Capital is proud to introduce the Western North Carolina Small Business Initiative, backed by a $10 million lead grant from Dogwood Health Trust. This program will provide relief grants of up to $25,000 to very small businesses across the region affected by Hurricane Helene, offering essential support for recovery and resilience. Learn more about this impactful initiative and how it strengthens our commitment to local communities: https://lnkd.in/eEnhYHPr
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UPDATE: Invest Appalachia's project submission portal was temporarily closed in the aftermath of Hurricane Helene but is back open for new submissions! https://lnkd.in/ejbMJvfx
Project Submission Form
https://investappalachia.org
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THANK YOU to our members, partners, friends, and neighbors who have supported the Appalachian Helene Response Fund. We know that response is a marathon, and this is just the beginning. Already, the estimated costs of recovery are staggering. Every donation to the Appalachian Helene Response Fund, 100% of which will stay in the region for recovery in our mountain homes, is a critical contribution. Please continue to share, and learn more here: https://lnkd.in/egVw4NPY Contribute today: https://lnkd.in/eA_95uV8 The Educational Foundation of America Appalachian Community Fund Weissberg Foundation The Greater Kanawha Valley FoundationThe New York Community Trust Sisters Health Foundation Anne & Gene Worrell Foundation Community Foundation of Greater Chattanooga Blue Grass Community Foundation San Diego Foundation the JEM project East Tennessee Foundation Mountain BizWorks Invest Appalachia Dogwood Health Trust The Community Foundation of Western North Carolina United Way of Southwest Virginia Center for Disaster Philanthropy #appalachiastrong?#funders?#philanthropy?#helene
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WNC businesses and partners, please share this resource for fast, flexible loans to bridge short term recovery needs. More recovery and rebuilding resources to come, but this effort hosted by our close partners at Mountain BizWorks is an important start.
Applications are now open for the WNC Strong: Helene Business Recovery Fund, made possible through $7.5 million in initial funding from the Golden LEAF Foundation. Apply here: https://lnkd.in/e3Cn-GSZ These rapid recovery loans are available to help small businesses rebuild after the devastating impacts of Tropical Storm Helene. Businesses impacted by Tropical Storm Helene & based in one of the 34 NC counties covered in the SBA’s Helene Disaster Declaration Area can apply for rapid recovery loans of up to $100,000 to meet immediate needs while waiting for federal loans, insurance payouts, or other relief. We continue to hear from small business owners across the region and what we know is that our mountain towns across Western North Carolina are deeply devastated. We are working to make sure that small businesses across WNC are equipped with the financial resources and information that they need as quickly as possible. We know a range of funding resources will be required for small businesses to fully recover, and we're here with you every step of the way. By working together, we will rebuild stronger.
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Andrew Crosson of Invest Appalachia shares his experience of the hurricane disaster in North Carolina. As a Transformative 25 fund manager, he knows that we can do finance, and disaster finance better. Thank you Andrew!
I am safe. Below is a more extensive update, including some difficult information that you should not feel obligated to read if you are dealing with your own needs or have trauma from similar crises (trigger warning). I am safe and so is my family and circle of friends, but we are surrounded by the devastation of Hurricane Helene. In the early morning Friday a tree came through our bedroom roof and smashed my car, and I am thankful it wasn’t worse. We have been without power, water, or consistent cell service. There is no timetable for when water will be restored – it could be months – and an even longer path to restoration of roads and other infrastructure. National media has not caught up to the severity and scale of the situation in Western NC. Entire towns are washed away. Houses floated down swollen rivers and broke up against trees. Entire warehouses became piles of sticks and metal somewhere downstream. Landslides took out major interstates, countless bridges wiped out, roads disappearing into sinkholes, asphalt askew like an earthquake had hit. So many smaller towns and isolated communities are still inaccessible, cut off from emergency responders and communications. Buncombe County alone has likely lost over 100 people, and anecdotal accounts suggest the death toll is much higher than the public numbers, as countless houses disappeared in mud slides or rapidly rising creeks and rivers. The road I took to school as a kid is gone, washed into the river along with hundreds of buildings along the Hickory Nut Gorge – Bat Cave, Chimney Rock, Lake lure. My hometown of Gerton is inaccessible, completely cut off still 7 days after the storm. Fortunately my mom evacuated in advance, thanks to the local volunteer fire department going door to door telling people that this was going to be worse than anything they’d ever seen. ...continued in comments EDIT: Update here: https://lnkd.in/egYHJh7B
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Hurricane Helene has left a lasting impact on many Appalachian communities, and we are committed to partnering with these communities for the long road ahead. Our hearts are with those affected, and we stand in solidarity with mutual aid networks and response teams working tirelessly to meet immediate needs. Our focus remains on delivering place-based investments that will strengthen housing, small businesses, and locally-led economic drivers critical to long-term recovery. Central to our mission is the dignity and self-determination of Appalachian communities, and we believe in the power of community-led solutions. We’re coordinating with our network and regional partners to ensure our efforts are responsive to the needs of the people. As we adapt to the realities of extreme weather in the region, it’s clear that integrating climate adaptation into our economic development efforts is crucial. We invite funders to join us in investing in a future where Appalachian communities are equipped to address the now-persistent challenges of climate change. See our Climate Analysis report for actionable strategies: https://lnkd.in/g67t8k-q Now is the time to invest in sustainable growth and recovery. *For partners ready to take immediate action in supporting direct recovery efforts, we encourage you to connect with Appalachia Funders Network and/or contribute to the Appalachian Helene Response Fund at https://lnkd.in/e_3jeJ79
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