Archived Awards Content

Awards issued prior to 2025 represent actions taken during previous administrations and do not necessarily reflect current investment priorities.

Fearless Solutions

Location

Baltimore, MD

 

Build to Scale Program

Venture Challenge

 

Project Name

Hutch digital services incubator

 

Award Amount

Federal Share

Local Match

 

$661,725

$661,725

Hutch is a Baltimore-based, 24-month incubator program providing minorities and women entrepreneurs with a blueprint for building successful, government-focused digital services firms. Established by Fearless in 2019, the Hutch program equips digital services entrepreneurs with the tools, mentorship, and peer-to-peer support needed to have a lasting impact on government clients and communities.

This EDA investment would support a private-public partnership between Hutch and the Baltimore Development Corporation (BDC), a nonprofit economic development organization for the city of Baltimore. BDC strives to grow a more equitable economy for the city by retaining, expanding, and attracting minority- and women-owned businesses in an inclusive manner and promoting investment in neighborhoods that have been negatively impacted by institutional racism and/or generational poverty.