CHARLESTON, WV — The West Virginia Capital Access Program (WVCAP) approved a loan of $89,000 for NRG Pool House, LLC, a short-term rental located in Fayette county.

The funding will support accommodations for visitors near the New River Gorge National Park.

“WVCAP is fostering a conducive environment for the prosperity of West Virginia’s small businesses amidst the captivating backdrop of our state’s natural beauty,” said Andy Zulauf, Executive Director at the West Virginia Jobs Investment Trust (WVJIT). “This program serves as a conduit of opportunity for enterprising West Virginians, offering streamlined access to the financial backing necessary to meet economic demand.”

WVCAP provides West Virginia small businesses with debt or equity capital to expand and create jobs. WVCAP assists credit-worthy companies that may not fit traditional lending models. WVCAP is administered by WVJIT.

For more information or to apply for funds, contact the West Virginia Jobs Investment Trust at wvjit.wv.gov/wvcap.

About the West Virginia Jobs Investment Trust 
West Virginia Jobs Investment Trust (WVJIT) is a public venture capital fund created to develop, promote and expand West Virginia’s economy by making investment funds available to eligible businesses, thus stimulating economic growth and providing or retaining jobs within the State. WVJIT invests in early-stage, later-stage and mature small companies that wish to expand. Opportunities to create a significant number of jobs while maintaining economic balance are favorably viewed.