On October 11, ARC announced $26.5 million to continue expanding and diversifying the economy in Appalachia’s coal-impacted communities through the POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative. These 35 awards are projected to create or retain over 5,400 jobs and leverage more than $193 million in private investment into 59 of the Region’s coal-impacted counties by supporting workforce training and education in manufacturing, technology, healthcare, and other industry sectors. They also invest in infrastructure enhancements to continue developing the Region’s tourism, entrepreneurial, and agriculture sectors, as well as increase access to community-based capital, including impact-investing funds, venture capital, and angel investment streams.
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