Appalachia Investment Framer Action Cohort

The teams at Invest Appalachia and LOCUS Impact Investing – as part of the Appalachian Investment Ecosystem Initiative – are partnering with the WV Community Development Hub to launch the Appalachia Investment Framer Action Cohort! The first cohort will participate in a 12-week learning series from September 22 to December 15, 2021.

In order to accelerate community investment in Central Appalachia, we need to build a stronger and more inclusive pipeline of people working across the region who have the skills, tools, and connections needed to ‘frame up’ investment opportunities. Too often, good ideas at the community level do not move forward because our region has a limited number of people with the financial skills and understanding of capital needed to bring promising projects forward for investment.

ABOUT INVESTMENT FRAMERS

Every community needs framers to get the investment they need to thrive. Framers have the language, tools, and connections to make things happen. They move good ideas into action and help connect projects to resources (including investment). They don’t have to be experts on everything, but they need to know the experts and when to call on them.

An investment framer can…

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MEET THE FIRST COHORT

Participants in the first Investment Framer Action Cohort include: 

ABOUT THE COHORT

Participants in the first Investment Framer Action Cohort will increase their knowledge and connections to activate investment-worthy projects related to small business, social enterprise, community facilities, and downtown real estate development. These investment framers will help increase investment in the Central Appalachian region and bring value to the communities where they work.

The goals of the cohort are to:

COHORT LEARNING

People participating in the Investment Framer Action Cohort take part in learning and practical application of their skills to scale their impact, including activities such as:

Who should participate in this initiative?

Through this training series, we hope to create more inclusive and equitable pathways to grow wealth in communities.

People who are underrepresented in leadership development opportunities of this nature – defined along multiple dimensions of diversity and experience – are encouraged to participate.

Questions

If you have questions about eligibility to participate in the cohort, contact Travis Green at travis@locusimpactinvesting.org and 540-260-0408.

The Appalachia Investment Framer Action Cohort is a program of Invest Appalachia and LOCUS Impact Investing administered in partnership with the WV Community Development Hub.

The program is supported by the Appalachian Investment Ecosystem Initiative, launched in 2019 with funding from Cassiopeia Foundation, Danville Regional Foundation, Greater Clark Foundation, Robert Wood Johnson Foundation, Thompson Charitable Foundation, UnitedHealthcare, and Wells Fargo.

Systemic Change

2021 became a time period of catalytic potential as we saw years of investment into our core strategies to enact systemic change yield new results. Our strategic focus areas include policy, communications, and supporting the community economic development system in leveraging unique financing opportunities such as the Appalachian Regional Commission’s POWER Initiative and Opportunity Zones.

In addition, through our strategic policy support role within the Abandoned Properties Coalition, The Hub successfully advanced two key objectives: a statewide land bank and extension of the state’s Historic Rehabilitation Tax Credit. 

Through the Opportunity Appalachia program, 6 catalytic community projects located in WV-based Opportunity Zones received $250,000 for pre-development technical assistance. Three projects received additional private funding as a result of program participation.

Cowen

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies. Read their community case study.

Montgomery

Residents participated in the Cultivate WV program to kickstart community and economy building. Read their community case study.

Smithers

Residents participated in the Cultivate WV program to kickstart community and economy building. Read their community case study.

Kingwood

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future.

Lewis County

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future.

Meadow River Valley Region

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future. Read their community case study.

Monticello Neighborhood of Clarksburg

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future. Watch their community documentary.

New Martinsville

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future. Read their community case study.

Parsons

Residents participated in the Blueprint Communities* program to engage their neighbors and co-create strategic plans for their future.

Elkins

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies. 

A core team led by Woodlands Development Group also participated in Opportunity Appalachia, receiving technical assistance to support a community development project located in an Opportunity Zone.

Community Coaching

In 2021, we accompanied 16 communities through our in-depth, professional coaching programs. In addition to leaning into coaching and financing opportunities offered through these programs, participating communities leveraged an additional $2.8 million in funding on their own for community economic development projects. While participating in our entry-level coaching program, Cultivate WV, Montgomery and Smithers realized momentum-building success through access to $40,000 in seed funding for projects like farmers markets, public art, wayfinding, community events, and development of a trail system.

Six communities, Lewis County, Kingwood, Meadow River Valley, Monticello neighborhood in Clarksburg, New Martinsville and Parsons, graduated the intermediate planning program Blueprint Communities* with strategic plans in place. We also launched a new round of HubCAP, our flagship community economic development program, in six towns located in the Monongahela National Forest region: Cowen, Franklin, White Sulphur Springs, Elkins, Marlinton, and Petersburg.

Franklin

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies.

Marlinton

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies.

Petersburg

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies.

White Sulphur Springs

Residents participated in round 4 of The Hub’s capstone Communities of Achievement program with a focus on building local recreational economies.

Charleston

A core team led by Crawford Holdings, LLC participated in Opportunity Appalachia, receiving technical assistance to support a community development project located in an Opportunity Zone.

Huntington

Core teams led by Thundercloud, Inc. and the City of Huntington participated in Opportunity Appalachia, receiving technical assistance to support community development projects located in Opportunity Zones.

Grafton

A core team led by Unleash Tygart, Inc participated in Opportunity Appalachia, receiving technical assistance to support a community development project located in an Opportunity Zone.

Leadership Development

As hundreds of people began to engage in our virtual training activities in 2020, we saw a critical opportunity to scale and deepen our impact. This year, The Hub team developed an accessible, virtual platform with options for self-guided and group learning activities as well as professional coaching.

Kickstart Communities is now the crux of our efforts to bring new people into the work and grow their leadership. These activities now form the foundational stages of a Community Leadership Development Pipeline to move motivated residents from seeing the challenges in their communities to proactively collaborating to resolve them.

Message from our Executive Leadership Team

Fifteen years ago, stakeholders building up local communities and economies in West Virginia convened to map a coordinated strategy to systemically grow community economic development activity in the state. From the shared vision and collaborative leadership of dozens of strategic partners across the state, the WV Community Development Hub was born.

Since that time, The Hub has grown into the anchor community development organization serving West Virginia. We have built upon the original vision to create a method for rural, community-led development strategies that is uniquely tailored to the needs and opportunities of our state.

As we have grown and developed a proven model for success, our partnerships with community and economic development practitioners, funders, and committed West Virginia residents have been foundational to every element of our work.

Over the past two years, the team at The Hub has adapted to the unprecedented challenges our communities have faced during the pandemic by leaning into our core strengths to deepen our impact. The Hub remains committed to tackling persistent challenges, and we have focused our attention on the most impactful elements of our work.

We are supporting community leaders to advance their visions for local development, creating new pathways for engagement and leadership growth through our virtual training platform, and leading strategies that lift up voices of community leaders to move forward solutions to long-held challenges to growth.

If the past two years have taught us anything, it is that nothing about the future is set in stone. While the coming year may present enormous opportunities for advancement in our state, they will also inevitably require significant capacity building, shared strategies that are grounded in trust-based partnerships, and extended efforts to support the leadership development of individuals and organizations who have been asked to do more during a time of extreme stress and strain.

The services that anchor organizations like The Hub provide are even more critical in this time, and we expect our work to scale significantly in the coming years ahead.

We look forward to continuing to do the work of putting into action the vision and the shared strategies envisioned by that core group of community economic development practitioners and funders fifteen years ago.

In Continued Accompaniment,

– WV Community Development Hub
Executive Leadership Team

Stephanie Tyree

Executive Director

Amanda Workman Scott

Director of Community Engagement

Emma Pepper

Director of Strategic Network Communications

Katie Loudin

Director of Strategic Development