The University of Virginia plans to expand its commitment to boost the fortunes of Appalachia, doubling down on an initiative supporting economic development and entrepreneurship in America’s most distressed region.
During the last three years, UVA has provided $2.5 million worth of pro bono economic development support services for communities across Appalachia, including grant-writing proposals, economic development research and assistance with local government strategic plans. The work helped secure more than $22 million in revenue for the region.
The initiative, based at the Frank Batten School of Leadership and Public Policy, also funded internships for UVA students with “impact investors” who make early investments in entrepreneurs and others focused on building new industries and career pathways in the region.