A $100,000 award presented by Mayor Stephanie Rawlings-Blake on November 30 will support the Social Innovation Lab’s (SIL) mission of accelerating difference-making nonprofits and mission-driven for-profits.
At City Hall, Rawlings-Blake disbursed between $50,000 and $100,000 in city funds to seven Baltimore organizations, including SIL. The money was awarded through the Baltimore Development Corporation’s Innovation Fund, which was set up to support entrepreneurship and job growth in the city. SIL will use the funds to help cover the program’s operating costs.
“I’m thrilled that SIL has been selected to receive this funding alongside other leading organizations in the Baltimore innovation and entrepreneurship sector,” says SIL Director Darius Graham. “This award not only recognizes the impact of our work to date, but it will help advance our mission of accelerating ventures that work to create change and opportunity in Baltimore and beyond.”
The other recipients were Innovation Village ($100,000), Conscious Venture Lab in Innovation Village ($100,000), Light City ($100,000), Baltimore Angels ($75,000), Impact Hub ($50,000) and Betamore ($50,000).