Key takeaways

Maryland launches Community Investment Venture Fund under the 2023 Access to Banking Act.

Fund will support fintech tools that help community lenders reach underserved small businesses.

More than 150 fintech firms and state-chartered lenders have expressed strong interest.

Pilot projects expected to launch in 2026 with measurable impact requirements.

Maryland has opened the application window for a new fund meant to broaden access to capital for small businesses in underserved communities. The Maryland Community Investment Venture Fund, launched under the 2023 Access to Banking Act, began accepting applications Nov. 10, with state officials expecting to select pilot projects early next year.

The program aims to address long-standing challenges for small businesses i

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