Appalachia Meets World Episode 58 - Appalachian ”Venture” with Grady Vanderhoofven

In this episode Neil and Will have a conversation with Grady Vanderhoofven, a venture capital expert with 3 Roots Capital (a CDFI providing equity financing and loans in Appalachia) and several other venture funds focused in the Appalachian region.  Data shows that venture backed companies have by in large driven job creation in the country over the last several decades.  Discussion includes the importance of venture capital to the overall economy and the challenges associated with providing capital in rural areas.  Take a listen as Grady talks about his work, inclusion of rural areas and the significance of supporting businesses where they are - much like the importance of place.  You also might hear about Neil's obsession with water (or cleanliness) and how he has big hopes of a shower speaker some day - one can only dream!  Also, don't forget about the #AppBiz of the week: Appalachian Investors Alliance!

3 Roots Capital: www.3rootscapital.org

Meritus Ventures: www.meritusventures.com

TennesSeed Fund: www.tennesseedfund.com

"Appalachia's Burden" (of UK ACTION Program): www.appalachiasburden.com