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Exelon Racial Equity Capital Fund
Maryland Department of Commerce
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- Posted
- Jun 30, 2026
- Closes
- No deadline published by the funder
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Amount
Amount not published by the funder
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.
Related opportunities
- Maryland Capital Access ProgramSame funderMaryland Department of CommerceUp to $250K
- Economic Development Opportunities Fund (Sunny Day)Same funderMaryland Department of Commerce
- Neighborhood BusinessWorksSame funderMaryland Department of CommerceUp to $2M
- Maryland Economic Adjustment Fund (MEAF)Same funderMaryland Department of CommerceUp to $150K
- Maryland E-Nnovation Initiative Fund (MEIF)Same funderMaryland Department of Commerce
- Maryland Community Investment Venture (MCIV) FundSame funderMaryland Department of Commerce