Community Impact Capital Fund
The Exelon-funded RockCreek’s Community Impact Fund was created to support equity and economic opportunity and to help businesses in Exelon communities grow and prosper by expanding access to capital for businesses that:
- Face challenges in securing financing or getting access to capital; and
- Are located in and/or have a positive impact on historically disenfranchised or socio-economically disadvantaged communities in Exelon’s service territories, including, without limitation. through growing local businesses, creating and retaining jobs, and creating opportunities. Preference will be given to businesses located in such communities.
Investment Strategy
The Community Impact Capital Fund will partner with local banks and CDFIs to identify business owners who are seeking to grow their companies but lack access to funding. The Fund is primarily industry agnostic and will invest its capital in the greater Atlantic City, Baltimore, Chicago, Philadelphia, Washington, D.C., and Wilmington communities.
Businesses are evaluated primarily on their ability to grow operations, create jobs, have a positive impact, as well as their capacity to generate a return and repay the investment.
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