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The Southern Appalachian Fund (SAF) is a $12.5 million venture capital fund formed to provide equity capital and operational assistance to qualifying businesses in southern Appalachia. The Fund focuses specifically on early and expansion stage companies in Kentucky, Tennessee, and the Appalachian counties of Georgia, Alabama, and Mississippi. The Fund is one of six New Markets Venture Capital (NMVC) Companies in the United States. The NMVC Program is a developmental venture capital program designed to promote economic development and the creation of wealth and job opportunities in low-income geographic areas and among individuals living in such areas. SAF's mission is to generate market-rate returns for its investors while promoting shared and sustainable business growth and wealth creation throughout its target region. The Fund invests $200,000 - $600,000 in companies with strong management teams, high growth potential, and defensible market positions. SAF has a broad industry focus that includes manufacturing, technology, and software. Additional assistance includes operational assistance, active board participation, and mentoring. The Fund is currently fully invested and is not seeking new investment opportunities.
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