Press Releases

The Appalachian Regional Commission (ARC) has awarded the University of Virginia’s College at Wise, based in Wise, Virginia, a $100,000 grant. This funding will support the drafting of a strategic planning initiative to develop an entrepreneurial ecosystem in the region. U.S. Congressman Morgan Griffith (R-VA) issued the following statement:

“Southwest Virginia business development is constrained by a lack of sufficient access to entrepreneurs and investors.

“This ARC grant $100,000 helps the UVA College at Wise strategize a modeled plan that makes the region fertile ground for entrepreneurs and investors.”

BACKGROUND

According to ARC, this funding is supported by the Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative.

This project will help expand entrepreneurial resources, address persistent gaps in the entrepreneurial ecosystem and prepare the region for economic revitalization.

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