Are you aware that West Virginia lags far behind Appalachia, and the nation, in entrepreneurial and start-up activity? In fact, the Kauffman Foundation’s 2017 State Report found that WV ranked last in startup early job creation with a third as many jobs created as the leading state, and below the national rate for startup early survival. In addition, six of nine Advantage Valley counties rank behind WV counties, the Appalachian Region, and the nation in startups in 2017, according to ARC’s “Dynamism Dashboard” tool. Research in 2017 found there were few business start-up resources for this region, and of those, they did not operate collaboratively.
Advantage Valley’s FASTER WV Entrepreneurship Program was developed and funded to address these problems.