Market Overview
Economic Development Offices
8 State Initial focus: WV with OH, PA, MD, VA, NC, TN, KY opportunities
Over $94 million in economic investment from fed gov’t thru POWER
In FY 2017 $152mm invested thru ARC
We will work closely with ARC and each state economic development office/group to identify matching funds for each investment.
2 States (PA, TN) provide limited direct capital investment in companies relocating to the region. App fund will extend to all 8 states.
Transform Appalachian region into the Switzerland of the US
Regional economic development groups:
- Appalachian Regional Commission (ARC) – 13 state governors
- Appalachia Economic Development Initiative (federal – HUD)
- Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) -- funding is approved by Congress.
Learn More
Appalachia has long history of being a key driver for the nation’s economic engine, and it has been the birthplace of a number of important industries in the U.S. – natural gas, coal, steel, chemicals, power generation, etc. However, the region’s recent growth opportunities and entrepreneurial capabilities are restrained due to a lack of risk capital and investment capital.
About Us
Mission
Investment Thesis
Investment Thesis
Appalachian Economic Development Fund, LLC (“AppEcoDev”) is a diverse consortium of professionals with wide range of experience encompassing careers in the entrepreneurial private sector, government and military.
AppEcoDev’s mission is to expand prosperity within the Appalachian Region by leveraging a thoughtful combination of growth eq
Appalachian Economic Development Fund, LLC (“AppEcoDev”) is a diverse consortium of professionals with wide range of experience encompassing careers in the entrepreneurial private sector, government and military.
AppEcoDev’s mission is to expand prosperity within the Appalachian Region by leveraging a thoughtful combination of growth equity financing, capital, business strategy advisory, and state and federal economic development programs, to incentivize the creation and relocation of new and existing business in and to the Appalachian Region, while growing what businesses are already here!
Investment Thesis
Investment Thesis
Investment Thesis
Appalachia is well positioned for growth
A false perception has discounted the world’s understanding of Appalachia’s actual opportunity.
While considerable energy resources remain, there is significantly more untapped and sustainable human capital value in the region
Appalachia has what can be considered the lowest cost highest skilled a
Appalachia is well positioned for growth
A false perception has discounted the world’s understanding of Appalachia’s actual opportunity.
While considerable energy resources remain, there is significantly more untapped and sustainable human capital value in the region
Appalachia has what can be considered the lowest cost highest skilled and dedicated labor force on the planet for Advanced Manufacturing, Technology, Agriculture and Cleantech.
Some of the most productive plants in the world are in Appalachia due to the dedicated workforce
Why Us?
Investment Thesis
Why Us?
We are economic developers, entrepreneurs, and financiers.
We know who to talk to and how to work with economic development agencies.
We know the market, where to work and how to get things done.
We know which businesses will thrive and provide good and long term employment