Too often rural communities hitch their economic fortunes to cost-sensitive branch plants that have been recruited from the outside with low wages, tax abatements, subsidies or other incentives.
True wealth is created within the community.
Created by the U.S. Congress, the Appalachian Regional Commission is a unique partnership between the federal government and the governors of the 13 Appalachian states designed to improve health, education and economic opportunities throughout the region. A 1998 study commissioned by ARC revealed significant gaps in the availability of equity capital and working capital financing in Appalachia. A panel of development finance specialists will assist the Commission identify ways to expand the availability of equity and working capital financing programs in the region. Entrepreneurial Education and Training. The top entrepreneurial education and training programs will be identified by a team of leading educators and state and regional officials.