Appalachian Community Capital

Appalachian Community Capital (ACC) is a small business located in Christiansburg, Virginia. The organization employs five individuals and generates annual revenue of $2.5 million. ACC is a Community Development Financial Institution (CDFI) focused on increasing access to capital for Appalachian businesses. ACC operates by providing a new source of capital to community loan funds across Appalachia. They achieve this by raising grant capital and leveraging debt from diverse funding sources, including regional and national banks, utilities, and foundations. This capital is then used to make loans to high-performing development lenders and to purchase participations in loans made by these local lenders. By investing in these local loan funds, ACC expands their capacity to provide financing to Appalachian businesses. This increased access to capital fosters the formation and expansion of entrepreneurial ventures, leading to the creation of high-quality jobs, the retention of local wealth, and ultimately, an improved quality of life in the region. For more information about Appalachian Community Capital, please visit their website: appalachiancommunitycapitalcdfi.org.