JARI Growth Fund was awarded $1,281,900 by the Appalachian Regional Commission (ARC) to further enhance entrepreneurship in our region.  The JARI Growth Fund (JGF) in partnership with Johnstown Area Regional Industries (JARI), Southern Alleghenies Planning and Development Commission (SAP&DC), the Alleghenies Angel Fund, and other private lenders will provide technical assistance to businesses and access to the newly launched Startup Alleghenies Microloan Fund, resulting in a strengthened entrepreneurial ecosystem in a seven-county, coal-impacted area of Pennsylvania.

To date, ARC has invested over $238 million in 293 projects, touching 353 counties across Appalachia since 2015. More information about ARC’s Power Initiative is available at www.arc.gov/power.