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ROANOKE, Va., November 14, 2018 – More than 20 government and nonprofit organizations recently received grant funding from Appalachian Power in support of programs and initiatives that attract industry and encourage business expansion. The funding is part of the company’s ongoing effort to promote local economic development in the company’s three-state service area.
A total of $330,000 in grant funds was awarded to 22 organizations in Virginia, West Virginia and Tennessee that submitted applications to Appalachian Power’s Economic Development Growth Enhancement (EDGE) program. The funds may be used for site development or to support marketing and promotion, or new business development and retention.
“Economic development is a collaborative effort,” said Brad Hall, Appalachian Power external affairs vice president. “These grants are a way to support the creativity and outstanding programs that create and retain jobs in the communities we serve.”
Appalachian Power launched its annual EDGE Grant program in 2014. “We appreciate the daily hard work and dedication exhibited by our economic development partners,” said John Smolak, Appalachian Power economic and business development director. “If their programs are successful then we as a utility provider are stronger for it.”
Below is a complete list of the 2018 EDGE Grant recipients.
Appalachian Power has 1 million customers in Virginia, West Virginia and Tennessee (as AEP Appalachian Power). It is part of American Electric Power, which is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions. AEP’s more than 17,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million customers in 11 states. AEP is also one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including 4,300 megawatts of renewable energy.
AEP EDGE Grant News Release