Rural Economic Development

MACED, a Community Development Corporation (CDC) in Kentucky and member of the Jobs and Communities initiative, was featured in the January 2019 issue of Fortune Magazine. Listen as Peter Hille, MACED’s president, describes his organization’s new energy interns program, which is revitalizing the Hazard community and providing hope to residents that there is life beyond coal. Through this innovative program, MACED is working with people who have been displaced as the coal industry has declined, retraining…

Coastal Enterprises, Inc. (CEI) is a Maine-based CDC that has made loans and investments, and provided business advisory services to people and businesses in Maine and New England since 1977.[1] CEI is unique in its holistic approach to addressing the multifaceted challenges of poverty alleviation, rural development and environmental sustainability. Little River Flower Farm is a recent example of a project that meets CEI’s triple bottom line. Photo courtesy of CEI Little…

A family printing business in eastern Kentucky was struggling after coal’s decline. Then the CFO got sent to Babson.

As part of a demonstration project, Kentucky Highlands financed five innovative near zero energy homes in Whitley County, Kentucky

[box] Jobs Created: 50 construction, 102 permanent, student and work study employment[/box] The University of the Cumberlands is located in Williamsburg, Kentucky, a rural community nestled in the foothills of the Appalachian Mountains. The University spans approximately 70 acres and includes 34 buildings, including 2 sports field complexes. It has an enrollment of 2,169 students and provides many programs and services to the local community. Newly renovated Ward and Regina Correll Science…