How We make investments
Applications for impact investments are on an invite-only basis. Our investments support accelerating promising sectors and economic opportunity in the region including funding for: affordable and energy efficient housing, entrepreneurship, rural childcare, arts and culture, local food and sustainable agriculture, and downtown revitalization.
How We Work
The Appalachian Impact Fund blends catalytic grantmaking with creative investment capital to advance opportunity in Eastern Kentucky. We offer general operating support grants, creative capital solutions and technical assistance to community-led organizations, social enterprises, and projects that accelerate economic opportunity and support building community capacity.
Through real estate development, entrepreneurial ecosystem support, and philanthropic grantmaking, we seek to support economic development that provides good jobs, new economic and entrepreneurship opportunities, increased cultural and eco-tourism opportunities, and helps create vibrant, livable communities that benefit mountain people.
Our Big Picture Goals
1. Increased investment in new economic development models and expansion of effective strategies
2. Increase the number of new and retained jobs and businesses in the region
3. Growth in key sectors in Appalachian Kentucky like local food and agriculture, arts, culture and tourism
2020 AIF Impact Investments
Low-interest loans for small businesses and start-ups $50,000
0% COVID Relief Emergency Loans to Small Businesses $75,000
Housing Development Alliance
Acquisition loan for the Allais Development of 15 new energy efficient and affordable homes $300,000