Three Organizations Team Up To Announce Funding Source for Local Entrepreneurs

Local entrepreneurs could soon have a potential new source of funding. The Foundation for Appalachian Kentucky, SOAR and the Appalachian Investors Alliance are teaming up to create a fund to invest in entrepreneurs. Officials tell WYMT they have a $680,000 grant from the U.S. Economic Development Administration, and already about $1 million in private investment with the potential of another $4 million on the way