Programs

  • Program 1 [2020]

    COMMUNITY SUPPORT - RURAL RECOVERY ACCELERATOR: PROVIDES ALABAMA'S RURAL COMMUNITIES WITH A PATHWAY FOR ECONOMIC RESILIENCY BY IDENTIFYING INVESTABLE DEALS AND BRINGING THEM TO MARKET. RRA IS AN INTENSIVE 8-12 WEEK ACCELERATOR-STYLE CURRICULUM TARGETING COUNTIES WITH UNDER 175,000 IN POPULATION. FOLLOWING THAT PERIOD, THE ORGANIZATION OFFERS THREE DELIVERABLES: (1) AT LEAST ONE "SHOVEL READY" INVESTMENT OPPORTUNITY (WITH COMPLETE PRO FORMA, DEMAND ASSESSMENT, MARKETING MATERIALS, ETC.); (2) A "RECOVERY ROADMAP" (PROVIDING COMMUNITIES WITH AN ACTIONABLE, MULTI-STEP STRATEGY TO FOSTER ECONOMIC DEVELOPMENT IN THEIR MOST DISTRESSED GEOGRAPHIES - AND THE RIGHT CONNECTIONS TO ORGANIZATIONS WILLING TO HELP IMPLEMENT IT ); AND (3) A "COMMUNITY SHOWCASE PAGE" HIGHLIGHTING COMMUNITY ASSETS AND MARKETING THE INVESTMENT OPPORTUNITIES ALONGSIDE THE COMMUNITY RECOVERY PLAN.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
    –
    $136.5K

  • Program 2 [2020]

    PIPELINE DEVELOPMENT: OPAL EXISTS TO BUILD A PIPELINE OF QUALITY, COMMUNITY-CENTRIC INVESTMENT OPPORTUNITIES - THEN EITHER CONNECT THOSE OPPORTUNITIES TO CAPITAL OR PROVIDE THEM WITH THE TECHNICAL ASSISTANCE THEY NEED TO CLOSE. THROUGH THIS DIRECT ASSISTANCE, THE ORGANIZATION HELPS TO CREATE A FUTURE PIPELINE IN POTENTIAL NEW PROJECTS THAT COULD RECEIVE INVESTMENT OVER THE NEXT SEVERAL YEARS.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
    –
    $68.2K

  • Program 3 [2020]

    ACCESS TO CAPITAL: CREATING AN INFRASTRUCTURE THAT ALLOWS FOR POTENTIAL PROJECTS TO GET FUNDED BY ALABAMA INVESTORS. THE OPAL FUND WAS CREATED TO ASSIST WITH THIS AND FOCUSES ON OPPORTUNITY ZONE AREAS THAT (1) ALIGN WITH COMMUNITY NEED AND HAVE STRONG COMMUNITY SUPPORT AND (2) HELP CREATE WEALTH AND ACCESS TO OPPORTUNITY FOR UNDERSERVED GROUPS IN ALABAMA.
    Geographies
    Not indicated
    Dates
    Jan 1, 2020 – Dec 31, 2020
    Source
    990
    No causes provided
    No populations provided
    –
    $136.5K