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Innovation Works Launches $4M Fund Focused on Socially Driven Ventures

Innovation Works, a Baltimore-based organization focused on supporting socially focused startups, has launched a new $4M fund. The Ignite Capital fund will offer loans and grants to local ventures aiming to address social problems in the most disadvantaged neighborhoods. According to the Baltimore Business Journal, the new initiative will also support Innovation Works’ plans to create 250 social enterprise businesses and more than 5K living wage jobs by 2030.


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