Angel Investing in Your Community

The Foundation for Appalachian Kentucky, in collaboration with partners Shaping Our Appalachian Region (SOAR) and the Appalachian Investors Alliance, launched the Appalachian Innovation Investment Fund. This initiative has received a $680,000 grant from the US Economic Development Administration, marking a significant step forward in supporting the region’s emerging entrepreneurial ecosystem. The grant will provide the technical assistance necessary to establish and operate a professionalized, member-managed angel fund in Southeast Kentucky. With an initial capital infusion of $1 million in private investment funds and the potential to leverage an additional $4 million in private investment capital, this project is poised to drive economic growth and empower local entrepreneurs.