Johns Hopkins Technology Ventures (JHTV)
The Social Innovation Lab incubates mission-driven companies and nonprofits to maximize their potential to become thriving sustainable ventures that contribute to increased opportunity in Baltimore. Through a six-month social venture accelerator program, the competitively selected cohort of up to ten entrepreneurs is provided programming sessions, access to an extensive network of advisors, one-on-one coaching, co-working space, and $1,000 in unrestricted funding.
Mayor’s Office of Immigrant Affairs, Fiscally Sponsored by Baltimore Civic Fund
In response to COVID-19, the Mayor’s Office of Immigrant Affairs (MIMA) in partnership with the Baltimore Civic Fund as a fiscal sponsor, established the Emergency Relief for Immigrant Families program. Through community partners, the fund will respond to the urgent needs of undocumented immigrant families who are excluded from the CARES Act and other governmental benefits like Unemployment Insurance and SNAP. The Fund will support case management services to help households address needs and provide direct assistance to help stabilize household finances and build Baltimore as a welcoming community.
The Compound
Located in Baltimore’s Midway neighborhood, the Compound is a 20,000 square foot multi-purpose cultural space on one acre of land that provides affordable housing to 10 working artists, affordable work/studio space to 24 artists and artisans, as well as two worker-owned cooperatives and two nonprofits, the Alternative Press Center and the Black Workers Center. Residents and tenants are part of the Baltimore DIY art and music scene and the Compound is known as a venue for innovative music and cultural events. The Compound will renovate four adjacent rowhouses to expand and create 16 new affordable live/work spaces.
Waterfront Partnership of Baltimore, Inc.
Locally, outfitters, kayak clubs, and the Baltimore Department of Recreation & Parks have seen an increased demand for paddle sports. There are currently no clear instructions and limited guidance for safe paddling in the Baltimore Harbor. With infrastructure, information, and programming the Baltimore Harbor can become an accessible destination for paddlers. This grant provided support for costs associated with the creation of a Master Plan for water trails and paddle craft access points in the Baltimore Harbor.
Baltimore Community Lending, Inc.
Baltimore Community Lending (BCL) is an intermediary lender under the U.S. Small Business Administration’s (SBA’s) Microloan Programs. The foundation will provide the balance of matching funding to create a 15 percent loan loss reserve to launch the program. In supporting the small business assistance infrastructure in Baltimore City, the first year’s SBA Microloan fund of $750,000 is expected to fund loan amounts between $10,000 and $50,000 to between 15 to 75 small businesses, with special outreach to Black-owned businesses and businesses owned by people of color in Baltimore City.