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Open·Synced from source June 30, 2026

Exelon Racial Equity Capital Fund

Maryland Department of Commerce

Who can apply

Business, Nonprofit

About this opportunity

Funded by Exelon, this fund will help minority businesses obtain capital to fuel growth, create jobs, and strengthen communities that have historically been underserved, under-resourced, and overlooked by financial markets. The fund will provide loans and equity investments for numerous minority businesses in Maryland and throughout Exelon’s service areas, with estimated loan amounts between $100,000 and $300,000, and equity investments of nearly $1 million.

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