The Appalachian Regional Commission (ARC) announced $45.5M in new Partnerships for Opportunity and Workforce and Economic Revitalization Initiative (POWER) investments supporting 47 projects across eight Appalachian states: Alabama, Kentucky, Mississippi, Ohio, Pennsylvania, Tennessee, Virginia and West Virginia.
These new awards will help communities expand opportunity through job creation, workforce training, industry growth and new private investment.
Every $1 invested in POWER projects attracts over $3.50 in private capital to the region’s coal communities. Since 2016, ARC has invested over $518M to help coal communities build stronger economies. This investment has created or retained nearly 54,000 jobs and prepared nearly 190,000 workers and students for careers in advanced manufacturing, entrepreneurship, tourism, agriculture and other growing industries.
Together, our newest POWER grantees are helping to deliver a bright future for Appalachia.