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Upcoming Conference

Conference
Investing in Rural America logo
Conference
Tue., May 21, 2024 - Wed., May 22, 2024

2024 Investing in Rural America: Building and Sustaining Momentum

Hotel Roanoke
Roanoke, VA

Deadline for Registration: May 6, 2024

Join the Federal Reserve Bank of Richmond for the fifth annual Investing in Rural America Conference! As a regional Reserve Bank, the Richmond Fed has a mission to strengthen the economy and our communities. That's why we're committed to understanding the challenges facing our smaller towns and rural areas and sharing what works to address these challenges.

This year’s conference theme is Building and Sustaining Momentum. This two-day conference will bring rural stakeholders together to learn, collaborate, share ideas and network with one another. We will also explore how to leverage community assets and create space for residents and communities to thrive.

We anticipate this event will sell out, so make sure to secure your spot today! Interested in learning more about this conference series? Check out our conference content from previous years.

Registration Fee: $50

Together, we can build momentum toward a brighter future in our small towns and rural communities.

Hear from Natalie Hodges, a 2023 attendee of the Investing in Rural America Conference, about why she encourages you to attend and get inspired!

Video is temporarily unavailable.

Speakers


President Tom Barkin

Tom Barkin

Federal Reserve Bank of Richmond
Grant Beck

Grant Beck

Next Step Network
Wesley Beddard

Wesley Beddard

NC East Alliance
Taylor Bennett

Taylor Bennett

West Virginia Land Stewardship Corporation
Emily Burleson

Emily Burleson

Partners for Rural Transformation
Martha Claire Bullen

Martha Claire Bullen

Communities Unlimited, Inc.
Nicholas Chiumenti

Nicholas Chiumenti

USDA Rural Development
Irma Esparza Diggs

Irma Esparza Diggs

National League of Cities (NLC)
Jaci David

Jaci David

Blandin Foundation
Community Development Regional Manager Peter Dolkart

Peter M. Dolkart

Federal Reserve Bank of Richmond
Mary Fant Donnan

Mary Fant Donnan

The Alleghany Foundation
headshot of Jarrod Elwell

Jarrod Elwell

Federal Reserve Bank of Richmond
Dreama Gentry

Dreama Gentry

Partners for Rural Impact
Jen Giovannitti

Jen Giovannitti

Claude Worthington Benedum Foundation
Olaunda Green

Olaunda G. Green

NC Rural Center
Colby Hall

Colby Hall

Shaping Our Appalachian Region
Ken Heath

Ken Heath

The Town of Marion, VA
Natalie K. Hodge

Natalie K. Hodge

Rudy’s Girl Media
Hudson

Jennifer Hudson

Williamson Health & Wellness Center
Jerry Kenney

Jerry Neal Kenney

T.L.L. Temple Foundation
Melissa Levesque

Melissa C. Levesque

Coastal Community Foundation of SC
Ilsa Loeser

Ilsa Loeser

Letterpress Communications
Bernadette Peters

Bernadette Peters

Town of Sylva
Patty Pfeiffer

Patty Pfeiffer

Wayne Community College
Tony Pipa

Tony Pipa

The Brookings Institution
Ines Polonius

Ines Polonius

Communities Unlimited, Inc.
Jacqueline Ponti-Lazaruk

Jacqueline Ponti-Lazaruk

USDA-RD Innovation Center
John Provo

John Provo

Virginia Tech Center for Economic and Community Engagement
Alfreda J. Reynolds

Alfreda J. Reynolds

County of Brunswick
Margaret Roberton

Margaret Roberton

Central Carolina Community College
Kim Ross

Kim Ross

Mount Terra, LLC
Corianne Scally

Corianne Payton Scally

Urban Institute
Karl Stauber

Karl Stauber

Karl Stauber Consulting
Danny Twilley

Danny Twilley

West Virginia University
headshot of Laura Ullrich

Laura Dawson Ullrich

Federal Reserve Bank of Richmond
Alexandra Veatch

Alexandra Veatch

Letterpress Communications
headshot of Sonya Waddell

Sonya Ravindranath Waddell

Federal Reserve Bank of Richmond
Sherece West Scantlebury

Sherece West-Scantlebury

Winthrop Rockefeller Foundation
Jennifer Wilsie

Jennifer Wilsie

New River Valley Regional Commission
Paul Wright

Paul Wright

Wright Venture Coaching

Who Should Attend


Policymakers, community representatives, business executives, nonprofit leaders, investors, workforce development professionals

Agenda


  • Tuesday, May 21, 2024
    08:00 am
    Registration & Continental Breakfast
    09:00 am
    Welcome and Opening Remarks
    Tom Barkin
    , President and CEO, Federal Reserve Bank of Richmond
    09:10 am

    Legislative Perspective

    09:30 am

    Keynote Address
    Momentum: Moving to a Solutions-Based Strategy in Rural Places

     

    • Ines Polonius, CEO, Communities Unlimited, Inc.  
    • Martha Claire Bullen, Director of Community Sustainability, Communities Unlimited, Inc.  
    10:45 am
    Break
    11:05 am

    Breakout Sessions

    Breakout #1: Home Sweet Home: Driving Community Investment in Rural Places
    Rural community members will discuss their strategies to drive community investment in the places that they call home. Drawing on their experience from their respective Community Investment Training cohort, panelists will share what they have learned and how they are implementing the strategies. The session will conclude with small group table conversations to identify example projects that may have had gaps in team skills or project framing and envision ways to fill those gaps. Speakers will include:

    • Kim Ross, Founder, Mount Terra, LLC
    • Jennifer Hudson, Development Director, Williamson Health & Wellness Center, Inc.
    • Bernadette Peters, Economic Development Director, Town of Sylva
    • Paul Wright (moderator), President, Wright Venture Services, LLC

    OR


    Breakout #2:
    Developing Leaders Throughout their Lives
    Working toward longer-term goals requires sustained leadership and community support. But in rural communities that rely on a small number of leaders, these goals risk being derailed by turnover or capacity constraints among leadership. Obtaining community buy-in for local initiatives is also more challenging in places with limited opportunities to participate in decision making. This session would focus on strategies that communities can deploy to mitigate these hazards by building inclusive leadership. Participants will be challenged to shift their perception of what leaders look like and consider ways to train and engage young leaders and voices that are not currently being brought to the table. Speakers will include:

    • Olaunda G. Green, Director of Leadership Training, NC Rural Center
    • Dreama Gentry, President and CEO, Partners for Rural Impact
    • Karl Stauber (moderator), Independent Researcher, Karl Stauber Consulting
    • Jaci David, Senior Director of Strategy and Community Impact, Blandin Foundation 
    12:15 pm
    Lunch
    01:30 pm

    Breakout Sessions

    Breakout #1: Persisting through Pitfalls: Turning Unique Challenges into Community Assets
    Some of the most difficult challenges rural communities encounter are the ones that develop slowly over time. The major employer that gradually ramps down local operations; declining demand for a local resource; cultural consequences of social injustice long past. Just as these issues themselves took time to evolve, so too will the solutions take patience and dedication to prove effective. Rural communities putting the work into major initiatives to resolve the ill-effects of economic or cultural changes know that progress is not linear: it includes hills and valleys. This session will initiate a dialogue around the process of reclaiming momentum after hitting a setback, creating space for panelists to share what they’ve done right and how they learn and course-correct from missteps along the way. Speakers will include:

    • Danny Twilley, Assistant Vice President of Economic, Community and Asset Development for the Brad and Alys Smith Outdoor Economic Development Collaborative, West Virginia University
    • Colby Hall, Executive Director, Shaping our Appalachian Region
    • Jessie Powers, Executive Director, Outdoor Recreation Council of Appalachia 

    OR


    Breakout #2:
    Innovative Strategies to Create Available Housing
    Rural communities continue to face housing availability challenges, which constrain their ability to attract new employers and residents. Just as all real estate is local, the key to unlocking housing resources looks different depending on the rural community’s characteristics. This session will invite panelists to share perspectives on housing policy interventions intended to increase supply and discuss how to tailor an approach based on local characteristics. Speakers will include:

    • Taylor Bennett, Executive Director, West Virginia Land Stewardship Corporation
    • Grant Beck, Vice President of Strategic Partnerships, Next Step Network
    • Jennifer Wilsie, Director of Housing, New River Valley Regional Commission
    • Peter Dolkart (moderator), Community Development Regional Manager, Federal Reserve Bank of Richmond
    02:40 pm
    Break
    03:00 pm
    Afternoon Plenary Panel
    Measuring Momentum: How to make data, storytelling, and measurement work for small towns

    A key ingredient to sustaining momentum is measuring and celebrating progress – and measurement is what funders require to devote dollars and keep them flowing. Yet measurement can be exceedingly burdensome for small communities, and many spend resources measuring whatever can be measured instead of what truly has impact. This session would provide practical tools and guardrails around measurement to help participants meet this hurdle more efficiently and effectively. Speakers will include:

    • Corianne Payton Scally, Senior Fellow, Urban Institute
    • Sonya Ravindranath Waddell (moderator), Vice President and Economist, Federal Reserve Bank of Richmond
    • Jacqueline Ponti-Lazaruk, Chief Innovation Officer, USDA-RD Innovation Center
    • Emily Burleson, Senior Manager of Advocacy & Research, Partners for Rural Transformation 
    04:20 pm
    Rural Spotlights Poster Session
    05:00 pm
    Reception & Rural Spotlights Poster Session
  • Wednesday, May 22, 2024
    08:00 am
    Registration & Continental Breakfast
    09:00 am
    Welcome
    09:05 am
    Morning Plenary Panel
    The Federal Funding Landscape and how Small Towns Can Make It Work for Them

    Rural communities throughout the nation encounter challenges competing for federal funding and have shared that it can be hard to know exactly where to start to access the funding. There are more than 400 federal programs designed for rural communities and, recently, there has been an influx of Federal funding from Congress through the infrastructure law and the Inflation Reduction Act. Funding trends continue to show that most funding goes to high-capacity communities located in coastal states while less than a fifth of available funding has gone to communities with less staffing resources and capacity, which tend to be rural.

    In this session, Tony Pipa will discuss the scope of federal policy pertaining to rural, upcoming legislation, gaps, and research on what’s needed to make it work for rural. Irma Esparza Diggs will share how rural communities and small towns can access federal funds and strategies for being effective at various levels of capacity. Sherece West-Scantlebury will present how philanthropic funding can be leveraged in rural communities to complement federal resources.

    • Tony Pipa, Senior Fellow, Center for Sustainable Development, The Brookings Institution
    • Irma Esparza Diggs, Senior Executive and Director of Federal Advocacy, National League of Cities (NLC)
    • Sherece West-Scantlebury, President and Chief Executive Officer, Winthrop Rockefeller Foundation
    • Jarrod Elwell (moderator), Community Development Regional Manager, Federal Reserve Bank of Richmond
    10:20 am
    Break
    10:40 am

    Breakout Sessions

    Breakout #1: Moving Beyond Tradition to Expand the Reach of Rural Community Colleges
    This session will highlight innovative ways in which rural community colleges are coming together to expand their reach and to redefine success. These initiatives, such as programs to develop advanced manufacturing workers, educate teachers on available jobs in the region, and engage LatinX students, require colleges to collaborate beyond their traditional service areas. It will also highlight the work of the Federal Reserve Bank of Richmond in the community college space via the Survey of Community College Outcomes. Speakers will include:

    • Margaret Roberton, Vice President, Workforce Development / Chief of Staff, Central Carolina Community College
    • Patty Pfeiffer, President, Wayne Community College
    • Wesley Beddard, NCEast Alliance and retired President, Martin Community College
    • Laura Ullrich (presenter and moderator), Senior Regional Economist, Federal Reserve Bank of Richmond

    OR


    Breakout #2:
    The role of philanthropy in building and sustaining momentum in rural communities
    While many rural communities are filled with dedicated and innovative leaders, their small size and remoteness often creates challenges when trying to bring together the people, knowledge, and funding to turn their dreams into reality. Due to their ability to provide flexible funds, bring people together across sectors and regions, and commit for the long-term, philanthropies are uniquely positioned to help rural communities and regions overcome their challenges and capitalize on their opportunities. This session will explore the work of several rural-serving philanthropies and how they have supported local efforts to enhance and sustain the capacity for positive transformational change in rural communities, including their ability to access and effectively utilize public investments. Speakers will include:

    • Jerry Neal Kenney, Program Officer, Regional Capacity Building and Community Development, T.L.L. Temple Foundation
    • Mary Fant Donnan, Executive Director, The Alleghany Foundation
    • Melissa Levesque, Senior Vice President and Chief Strategy Officer, Coastal Community Foundation of South Carolina
    • Nicholas Chiumenti (presenter and moderator), Economist, USDA Rural Development
    • Jen Giovannitti, President and Trustee, Claude Worthington Benedum Foundation
    11:50 am
    Conference Closing Remarks
    01:00 pm
    Special Topics Working Sessions
    Requires additional registration

    Community-Powered Storytelling for Economic Growth
    Letterpress Communications, a mission-driven marketing firm helping small towns tell their stories, will lead participants in an interactive journey of finding your community’s or organization's unique story and how to tell that story for impact. Topics will include leveraging community partnerships, choosing your medium, amplifying your story, tracking success, and more. The session will feature an engaging panel of community case studies and proprietary storytelling tools, plus table discussions with peers for maximum learning. You’ll walk away with a clarified strategy and clear next steps to tell your community or organization's story well. Session will be led by:

    • Ilsa Loeser, Founder & Principal, Letterpress Communication
    • Alexandra Veatch, Creative Director, Letterpress Communications

     

    Panelists will include:  

    • Ken Heath, Director, Community and Economic Development, The Town of Marion, VA 
    • Natalie K. Hodge, CEO, Rudy’s Girl Media  
    • John Provo, Executive Director, Virginia Tech Center for Economic and Community Engagement  
    • Alfreda J. Reynolds, Director of Economic Development, County of Brunswick  

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