Urban Strategies Inc. (USI) will launch a small business loan fund to support new and growing locally owned businesses in Baltimore and two other cities through a $1.5 million grant from the Truist Foundation, it was announced Tuesday. USI will use the funding to support its Community Development Financial Institution (CDFI) in establishing a bridge to capital and wealth creation for women- and Black-, Latine- and Indigenous-owned small businesses in Baltimore, Norfolk, Virginia and Ft. Myers, Florida.
