The Southern Appalachian Fund (SAF) is a $12.5 million community development venture capital fund formed to provide equity capital and operational assistance to qualifying businesses in southern Appalachia. SAF focuses specifically on companies in Kentucky, Tennessee, and the Appalachian counties of Georgia, Alabama, and Mississippi and makes investments in qualifying firms in amounts that range from $200,000 to $600,000. Through its investments, the fund aims to promote economic development, encourage wealth creation and increase job opportunities for individuals living in low-income geographic areas.
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