Racial Equity Capital Fund Application
RockCreek, one of the largest diverse-owned global investment firms, is accepting applications for the $36 million Exelon-funded Racial Equity Capital Fund to support minority-owned businesses in Exelon’s service areas.
Interested businesses can access the application here:
RACIAL EQUITY CAPITAL FUND
The 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 throughout Exelon’s service areas over the next three years, with estimated loan amounts between $100,000 and $300,000, and equity investments of nearly $1 million.