Big Sandy Area Development District Inc. is a multi-county city planning and community & economic development organization founded in 1965. Serving Floyd, Johnson, Magoffin, Martin, and Pike counties in Eastern Kentucky, its slogan "The Big Sandy Area Development District is a multi-county city planning and development organization" reflects its commitment to regional growth and infrastructure. Focused on the transportation sector, the organization received a significant $100.00K grant investment from the Appalachian Regional Commission on 11 May 2023.
With its strong emphasis on regional development, the Big Sandy Area Development District Inc. presents an intriguing opportunity for venture capital firms seeking to invest in driving sustainable economic growth in underserved communities. The recent investment marks a pivotal moment for the organization, positioning it to further its impact in transportation infrastructure and economic development initiatives.
Investors keen on supporting initiatives aligned with community and economic development, particularly in Appalachia, would find the Big Sandy Area Development District Inc. a compelling prospect. The organization's proven track record and its strategic positioning in Eastern Kentucky make it a noteworthy entity within the impact investment sphere, offering potential for both social and financial returns.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $100.00K | 1 | Appalachian Regional Commission | 11 May 2023 |
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