Invest Appalachia Fund, a fund | The Grid by Zolidar

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Investment thesis

Place-based impact loan fund providing patient, flexible and often subordinated loans of about $100K-$3M (terms up to 7 years) to businesses, nonprofits, cooperatives and community projects in Central Appalachia. Products include senior and subordinated debt, revenue-based financing, and intermediary loans to local lenders and revolving loan funds, covering fixed assets, equipment, real estate, construction, working capital and project finance; deals are often blended with Invest Appalachia's...

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Key facts

States served: KY, NC, OH, TN, VA, WV
Geographic focus: Appalachian counties of Kentucky, North Carolina, Ohio, Tennessee, Virginia and West Virginia (Central Appalachia).
Status note: Fully raised: final close of $35.5M in investor commitments (announced May 2024); lending across Central Appalachia.
Structure: Closed-end fund
Check size: $100,000–$3,000,000
Target raise: $40,000,000
Capital raised: $35,500,000

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What they finance

Offerings: Senior loan, Subordinated debt, Revenue-based financing
Ownership models: Worker cooperative, Other cooperative
Employee-ownership focus: Partial
Sectors: Farming/Agriculture, Green & Renewable Energy, Real Estate (Development), Healthcare Support Services

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Sep 2026

Zolid AI

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Invest Appalachia Fund

Investment thesis

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Key facts

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What they finance

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