BALTIMORE (WJZ) — Lexington Market, together with the College of Maryland, Baltimore, and different monetary teams are partnering to create the $1 Million Lexington Market Accelerator Fund.
The cash will fill the necessity for small enterprise homeowners, particularly minority homeowners, who historically face boundaries to accessing capital.
The loans vary from $10,000 to $150,000 and are meant for the companies and homeowners who will likely be a part of the brand new market.
That market is at the moment beneath building and is predicted to open subsequent 12 months.