$44.4 million announced in new POWER grants

October 10, 2019

The Appalachian Regional Commission (ARC) announced $44.4 million in 54 awards to help expand and diversify the economy in Appalachia’s coal-impacted communities through the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative. One third (more than $14.6 million) of these investments will develop business incubators, increase access to capital, and provide other services to advance entrepreneurship in Kentucky, Ohio, Pennsylvania, Tennessee, and West Virginia. Nearly 30 percent (over $13 million) will support broadband development and expansion in rural and/or underserved areas in New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. And another 19 percent ($8.3 million) will focus on workforce-to-recovery and other comprehensive strategies to strengthen the recovery ecosystem in Kentucky, North Carolina, Ohio, Virginia, and West Virginia.  A full list of the awards and more information about the POWER Initiative is available here.

ARC, POWER, grants