We encourage initiatives that attract resident investment in neighborhoods, promote sustainability, increase economic development opportunities, and nurture entrepreneurial talent. We aim to increase the livability of neighborhoods, the number of residents, the number of jobs, and the size of the tax base. We are interested in programs that address concentrated poverty, racial wealth disparities, and tie the economic health of Baltimore City to the region.
As successful households are key to neighborhood health, we support efforts to:
Connect residents to resources to stabilize household finances and build generational wealth
Invest in community-led projects, enhance neighborhood amenities, and create green space
Reinvest in the reuse and occupancy of neighborhood vacant buildings and lots
Prevent foreclosures and evictions
Close the digital divide
Increase local fresh food access
Promote small businesses, entrepreneurs, and Baltimore’s maker economy to create jobs
Issue Brief: Supporting Innovation and Growth for Small Businesses
The Abell Foundation has long been supportive of growing the entrepreneurial infrastructure and small-business ecosystem in Baltimore City to promote business expansion, job creation, and wealth formation, especially for Black entrepreneurs and entrepreneurs of color. Recognizing the critical need to rebuild capital resources that have diminished over time, the Foundation has supported a number of community-based efforts to expand access to financing and business support.
This Abell Report documents the depths of Baltimore’s digital divide, a systemic problem that is now urgent and acute as it creates barriers to remote learning, telehealth appointments, and applying for jobs and benefits.