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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