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Downtown Frederick Partnership receives grant from Truist Foundation to support launch of first Retail Incubator in Downtown Frederick, MD
Prnewswire· 2026-01-20 17:02
Core Viewpoint - Downtown Frederick Partnership has launched a Retail Incubator with support from Truist Foundation to enhance entrepreneurial opportunities and diversity in business ownership in Downtown Frederick [1][4]. Group 1: Retail Incubator Overview - The Retail Incubator will be located at 22 S Market St, inside the historic Federated Charities building, hosting three participants at a time for up to 12 months [2]. - Participants will have access to affordable retail space, shared operations, mentorship, and hands-on business training to test and grow their business concepts [2][5]. Group 2: Objectives and Goals - The initiative aims to cultivate new retail entrepreneurs from idea to implementation while diversifying ownership and offerings in Downtown Frederick [3]. - It addresses the need for affordable pathways into brick-and-mortar retail, particularly for historically underrepresented entrepreneurs [3][6]. Group 3: Support and Collaboration - The program is developed in collaboration with local businesses, economic development partners, and community organizations, leveraging SOUL Street's experience [3][4]. - Additional support comes from Frederick County's Office of Economic Development and the City of Frederick's Department of Economic Development, providing financial backing and resources [4][5]. Group 4: Economic Impact - The incubator is designed to strengthen Downtown Frederick's long-term economic resilience and enrich the retail mix by introducing a wider range of products and cultures [6]. - It aims to create a vibrant, inclusive, and competitive destination for residents and visitors, ultimately energizing the local economy [6]. Group 5: Application Process - Participants will be selected through an open application process, with the first round of applications expected to open in spring 2026 [7].
Village Capital and Standard Chartered Foundation Open Applications for the 2026 US Women In Tech Accelerator Cohort
Businesswire· 2025-12-08 17:13
WASHINGTON & NEW YORK--(BUSINESS WIRE)--Village Capital, in collaboration with Standard Chartered Foundation (the Foundation), announces the launch of applications for the 2026 US Women in Tech Accelerator, marking the second cohort of the program supporting women startup founders. Through this program, early-stage founders receive practical resources, expert advice and mentorship to help them build and scale their businesses, which supports sustainable growth and facilitates longer-term success. Share Runn ...