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Excelon’s Racial Equity Capital Fund

Exelon, in partnership with the Exelon Foundation, established the $36 million Racial Equity Capital Fund. The fund is managed by RockCreek, one of the world’s largest diverse owned global investment firms and will help minority-owned businesses in our service areas to grow, create additional jobs and reinvest in their communities. This initiative is part of Atlantic City Electric’s ongoing, extensive efforts to promote equity and economic opportunity in the diverse communities we serve.

 

Applications for the fund are now open. Can you help us get the word out by passing this information on to any diverse-owned business that may benefit from this program or by posting on your social media platforms? Interested businesses can access the application here or contact RockCreek at RECFInquiries@therockcreekgroup.com for more information about the program.

RECF Stage II Press Release v11 FINAL.log

RacialEquityCapFund_FactSheet