Appalachian Community Capital’s Post

Happy Labor Day! Today we are reminded that every achievement, big or small, is the result of countless hours of hard work and perseverance. It’s a day to appreciate the labor that goes into every profession and to acknowledge the hands that build, create, and sustain our communities. Today, we celebrate the sweat, the effort, and the determination that defines our workforce. To all the workers out there—thank you for your unwavering commitment. Your work is the backbone of our society. #ACC #AppalachianCommunityCapital #Appalachia #LaborDay

ACC Receives Grant from Truist Foundation to Support Diverse Small Businesses in Appalachia.   Appalachian Community Capital is thrilled to have received a $1.3million grant from Truist Foundation and is grateful for the support of its visionary President, Lynette Bell.   While small business owners need access to affordable capital, they also need grants to buy equipment, increase inventory, and hire new or keep existing employees on the payroll. ACC plans to distribute the Truist Foundation grant to its CDFI members to enable them to provide funding and technical assistance to small businesses in their service areas.   ACC will also use the Truist Foundation grant to build upon a data analytics hub project currently underway. The development and expansion of a shared data hub will allow CDFIs to identify, map, and better understand underinvested small businesses and entrepreneurs in the Appalachian region, particularly those small businesses in economically distressed areas. Read the recent announcement here: https://lnkd.in/gxBMib35 #ACC #CDFI #TruistFoundation #Appalachia

#ACCintheNews Opportunity Appalachia, a program led by ACC in collaboration with various partners, supports community real estate projects that drive economic revitalization in underinvested areas. The East Palestine Train Depot project, Ohio has been selected as one of 29 initiatives to receive support, with a $55,000 grant awarded to advance the project. This funding will play a key role in the restoration of the historic train freight depot located at the northwest corner of Taggart and N. Market Streets, helping to fuel the community's economic and cultural revival. Read more about the project here: The Review - https://lnkd.in/ggRQf8WM Village of East Palestine Ohio - https://lnkd.in/gPRzjPDx #ACC #OpportunityAppalachia #Appalachia #EastPalestine #Ohio

This National Black Business Month, ACC proudly highlights the success of Black-owned businesses in Appalachia we've had the privilege to support. These entrepreneurs are driving innovation, creating jobs, and making meaningful contributions to the Appalachian community. One standout is West Marion Inc & Alphonso Hardy Technology Collaborative, supported by ACC through Opportunity Appalachia, a program of ACC and multiple partners, that work with community real estate development projects that support economic restructuring and diversification in underinvested communities. This project is transforming a former pre-integration school into an inclusive community center that will house local non-profits, businesses, a community kitchen, health clinic, and technology center, all serving Marion’s BIPOC community. ACC proudly highlights West Marion Inc & Alphonso Hardy Technology Collaborative for its outstanding contribution during National Black Business Month! #ACC #AppalachianCommunityCapital #CDFI #NationalBlackBusinessMonth #BlackOwnedBusiness

ICYMI: Thank you Virginia Business for the feature!