The Greater Washington, DC Entrepreneurs of Color Fund is a $6. 65 million effort by JP Morgan Chase, Capital Impact Partners, and the A. James and Alice B. Clark Foundation to support minority-owned businesses in the Greater Washington region by providing them with access to capital and small business advice.
The Latino Economic Development Center (LEDC), in partnership with JP Morgan Chase, Capital Impact Partners, the A. James and Alice B. Clark Foundation, Harbor Bank, and Wacif, is providing minority entrepreneurs in DC, Maryland and Virginia suburbs, and Baltimore City with access to capital and one-on-one technical assistance in order to create a more inclusive and diverse U. S. economy.
** WHO CAN APPLY? **Minority entrepreneurs in DC, Maryland and Virginia suburbs, and Baltimore City interested in receiving small business support - ranging from one-on-one technical assistance to access to financing - are encouraged to apply.
Entrepreneurs can get access to loans ranging from $5,000 - $250,000 that can be used for needs such as:
- Vehicles and equipment
- Working Capital
- Business expansion
- Renovation works
- Hiring additional personnel
All participating businesses will receive technical advice on topics such as:
- Website development
- Licensing and permitting
EcoMap Baltimore is here to help entrepreneurs find the resources they need to build startups, small businesses, and nonprofits in their communities.