Press Release

Two Rural Innovation Initiative Participants Selected to Receive Highly Competitive U.S. Economic Development Administration Build to Scale Venture Challenge Grants

Rural Innovation Strategies, Inc. (RISI), a social enterprise advancing inclusive economic development in rural America, today announced that two rural communities from across their Rural Innovation Initiative have secured Venture Challenge grants via the U.S. Economic Development Administration’s (EDA) Build to Scale (B2S) program. The two successful grant applications came from Waterville, Maine and Platteville, Wisconsin.

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The Center on Rural Innovation Announces Renewed, Expanded Funding from Siegel Family Endowment

SFE | CORI logos

Hartland, VT – The Center on Rural Innovation (CORI) is pleased to announce the commitment of three years of funding from longtime funder, partner, and supporter Siegel Family Endowment (SFE). The grant totals $2.8 million over the next three years, and targets programs and work that will help the organization scale its efforts to bring digital economy jobs to small town America and close the rural opportunity gap.

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CORI Innovation Fund leads investment round in Arsana Health

Arsana Health Logo

Hartland, VT — Today, the CORI Innovation Fund (CIF) announced an investment in Arsana Health (Arsana), a producer of software and hardware solutions for post-acute healthcare providers, such as skilled nursing facilities and assisted living homes. CIF is a Qualified Opportunity Fund that invests in high-growth technology companies supporting job creation and revenue generation in small towns across America. CIF is leading this funding round that will provide Arsana with capital to expand its growth strategy.

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A Message From Our Founder

Every person and organization needs to decide on the most effective way they can contribute to the change that many in our country—especially people of color on the front lines—are fighting for. Those of us who benefit from the privilege of whiteness, whether urban or rural, must be particularly motivated to real, concrete action and support.

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CORI Innovation Fund makes Opportunity Zone investment in Agile Space Industries

Today, the CORI Innovation Fund (CIF) announced an investment in Agile Space Industries (Agile), a designer and manufacturer of integrated aerospace propulsion systems and provider of related testing services. CIF is a Qualified Opportunity Fund that invests in high-growth technology companies supporting job creation and revenue generation in small towns across America. The fund is pleased to support Agile, based in Durango, CO, a community that is part of the Center on Rural Innovation’s Rural Innovation Network. CIF is participating in this funding round that will provide Agile with capital to expand its additive manufacturing and propulsion testing capabilities.

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CORI Innovation Fund makes Opportunity Zone investment in Sho.AI Inc.

Sho.AI

CIF is a Qualified Opportunity Fund that invests in high-growth technology companies supporting job creation and revenue generation in small towns across America. The fund is pleased to support Sho, based in Cape Girardeau, MO, a community that is part of the ​Center on Rural Innovation’s Rural Innovation Initiative​. Sho is expanding to new offices in an area of Cape Girardeau designated as an Opportunity Zone under the 2017 Federal Tax Cut and Jobs Act.

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CORI Innovation Fund makes Opportunity Zone investment in Voi, Inc.

Press Release Contact: Aidan Calvelli, 802-436-4100, aidan.calvelli@ruralinnovation.us For Immediate Release February 27, 2020 CORI Innovation Fund makes Opportunity Zone investment in Voi, Inc. Voi has also received an SBIR Phase II contract from the U.S. Air Force Springfield, VT — The CORI Innovation Fund (CIF) today announced an investment in Voi, Inc, a leader in…

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Center on Rural Innovation Selected to Join Portfolio of Draper Richards Kaplan Foundation

Contact: Aidan Calvelli, 802-436-4100 aidan.calvelli@ruralinnovation.us For Immediate Release January 21, 2020 DRK Foundation to Provide Strategic and Financial Support for CORI’s Mission Hartland, VT—The Center on Rural Innovation (CORI) is excited to announce that it has been selected to join the portfolio of the Draper Richards Kaplan Foundation. CORI’s selection comes as part of DRK’s…

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CORI Innovation Fund selects Proximity as its first Opportunity Zone investment

Press Release Contact: Aidan Calvelli, 802-436-4100, aidan.calvelli@ruralinnovation.us For Immediate Release January 14, 2020 Proximity Space, a global leader in connecting and enabling coworking, becomes first CORI Innovation Fund portfolio company Hartland, VT — CORI Innovation Fund (CIF) closed on its first investment: Proximity Space, Inc., a fast-growing software business based in Montrose, CO that creates…

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10 Communities Selected to Participate in 2020 Rural Innovation Initiative to Catalyze Digital Economy Job Growth in Small Town America

Contact: Aidan Calvelli, 802-436-4100, aidan.calvelli@ruralinnovation.us For Immediate Release January 10, 2020 10 Communities Selected to Participate in 2020 Rural Innovation Initiative to Catalyze Digital Economy Job Growth in Small Town America Communities Will Receive EDA-Funded Technical Assistance from Rural Innovation Strategies, Inc. to Kickstart Entrepreneurship and Tech-Powered Job Creation Rural Innovation Strategies, Inc. (RISI) today…

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