News Releases
Natural Capital Investment Fund Receives Funding from United Bank to Support Small Businesses in 26 Underserved West Virginia Counties
SHEPHERDSTOWN, W.V.— The Natural Capital Investment Fund (NCIFund), a small business lender that supports locally-owned enterprises throughout central Appalachia and the Southeast, recently announced that it has received more than $500,000 in investment and grant support from United Bank, to increase its lending and support services to small businesses in underserved West Virginia counties.
Natural Capital Investment Fund Loan Enables Herbal Medicine School to Purchase 500-acre Property from Piedmont Land Conservancy
LOWGAP, N.C.—Natural Capital Investment Fund (NCIFund) and the Piedmont Land Conservancy (PLC) announced today the purchase of the historic Camp E-Mun-Talee by Eclectic School of Herbal Medicine and Wellspring Mountain, Inc. The 500-acre property, located in western Surry County and previously home to the Eckerd Youth Alternatives program for troubled youth, includes a 40-acre campsite with 18 structures for lodging and activities. The remainder of the property is under a conservation easement held by PLC.
This release was distributed by United Bank and published here with permission. To view the original posting, click here.
SHEPHERDSTOWN, W.V.—United Bank, Inc., a subsidiary of United Bankshares, Inc., the largest bank holding company headquartered in West Virginia, recently announced the investment of $500,000 in the Natural Capital Investment Fund (NCIFund). NCIFund, a small business lender that supports locally-owned enterprises in Central Appalachia and the Southeast, will use the funds to support its small business lending to underserved communities throughout the state. NCIFund is based in Shepherdstown.
SHEPHERDSTOWN, W.V.—United Bank, Inc., a subsidiary of United Bankshares, Inc., the largest bank holding company headquartered in West Virginia, recently announced the investment of $500,000 in the Natural Capital Investment Fund (NCIFund). NCIFund, a small business lender that supports locally-owned enterprises in Central Appalachia and the Southeast, will use the funds to support its small business lending to underserved communities throughout the state. NCIFund is based in Shepherdstown.
Natural Capital Investment Fund and Hatfield-McCoy Regional Recreation Authority to Support Diverse Economies and Job Creation
SHEPHERDSTOWN, W.V. —The Natural Capital Investment Fund (NCIFund)—a green business lender and an affiliate of the national nonprofit Conservation Fund—and the Hatfield-McCoy Regional Recreation Authority (Hatfield-McCoy) announced their partnership focused on creating jobs and improving quality of life in coal-impacted communities in southern West Virginia. Using a total of $2.6 million in grants from the Appalachian Regional Commission (ARC) the two organizations will expand access to capital and business advisory services for tourism-related businesses and help diversify the region’s economy.
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