Baltimore | Resource Profiles
Community Development Ventures
Community Development Ventures, Inc. (CDV) is a non-profit 501 (C)(3) company that utilizes “socio-economic” investing as a means to improve the well being of economically or socially disadvantaged individuals and businesses located in distressed urban communities throughout the State of Maryland. Our mission is to strengthen the economic base of distressed urban communities in Maryland through business and entrepreneurial development.CDV is a revolving fund that will provide senior and subordinated debt and equity to businesses located within a distressed community within Baltimore City or targeted counties within the Sate of Maryland, or employ a significant portion of its workforce from these areas. At least 60% of jobs created must be for distressed, urban area residents.*Unsure if still running*
Equity Capital, Loans, Revolving Loan Fund, Location-Based, Minority-Focused, Debt Capital
Meridian Management Group, Inc. is a professional asset manager for economic development and private equity funds. The Management Group and its affiliates bring more than of 100 years of experience in financing and fostering small and medium-sized businesses.The Firm offers a complete portfolio of financing products and strategic services. Each financing product and service package is designed to advance companies to the next level. MMG manages three comprehensive program funds, which provide our clients with the essential and critical tools needed for a company to grow, succeed and leverage opportunities: the Maryland Small Business Development Financing Authority (MSBDFA), and the Maryland Casino Business Investment Fund (MCBIF). We also employ a concierge approach by providing strategic management consulting services through its an affiliate company, Morgan Advisory Group, L.L.C.