{"id":727315,"date":"2023-01-31T14:47:10","date_gmt":"2023-01-31T19:47:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fulton-bank-invests-1-million-in-innovate-capital-growth-fund\/"},"modified":"2023-01-31T14:47:10","modified_gmt":"2023-01-31T19:47:10","slug":"fulton-bank-invests-1-million-in-innovate-capital-growth-fund","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fulton-bank-invests-1-million-in-innovate-capital-growth-fund\/","title":{"rendered":"Fulton Bank Invests $1 Million in Innovate Capital Growth Fund"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Fulton Bank Invests $1 Million in <\/b><b>Innovate Capital Growth Fund<\/b><\/p>\n<p class=\"bwalignc\"><b><i>Investment Will Fund Growth for Minority- and Women-Owned Businesses<br \/>\n<br \/>i<\/i><\/b><b><i>n the Mid-Atlantic Region<\/i><\/b><\/p>\n<p>PHILADELPHIA &amp; LANCASTER, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has invested $1 million in Innovate Capital Growth Fund, L.P., which provides capital and operational expertise to enable minority- and women-owned businesses to grow.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230131005975\/en\/1701321\/4\/Della_Clark_and_Curt_Myers_Celebrate_Fulton_Bank_Investment_in_Innovate_Capital_Growth_Fund.jpg\" alt=\"Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe investment is part of Fulton Bank\u2019s Commercial Affinity Banking initiative, which is designed to increase access to financial services for diverse businesses.\n<\/p>\n<p>\n\u201cFulton Bank\u2019s investment will advance our mission of connecting institutions with minority businesses, unlocking the potential for future growth,\u201d said Innovate Capital Growth Fund Partner Della Clark. \u201cThere are more than 3,200 minority-owned and 8,800 women-owned businesses in our target market in the Mid-Atlantic region, and providing them with equity capital represents a significant opportunity to contribute to overall economic growth.\u201d\n<\/p>\n<p>\nBased in Philadelphia, Innovate Capital Growth Fund is a Small Business Investment Company (SBIC) focused on providing equity investments in women- and minority-owned lower middle market firms in the Mid-Atlantic region. Innovate Capital Growth Fund typically works with businesses with annual revenues of approximately $2 million to $10 million from a range of industries, including manufacturing, consumer products, technology, and healthcare services.\n<\/p>\n<p>\n\u201cFulton Bank is committed to ensuring that businesses in the communities we serve have access to the capital and banking services that will empower them to grow and thrive,\u201d said Curtis J. Myers, Chairman and Chief Executive Officer of Fulton Financial Corporation. \u201cWe are excited about the opportunity to invest in Innovate Capital Growth Fund, which is focused on supporting diverse businesses.\u201d\n<\/p>\n<p>\n\u201cThis investment in Innovate Capital Growth Fund is part of Fulton Bank\u2019s Commercial Affinity Banking Program,\u201d said Joel Barnett, Senior Vice President and Director of Commercial Affinity Banking. \u201cAs part of that program, we are creating a suite of commercial banking solutions which includes access to capital and deposits and payments. Fulton bankers are undergoing training on these new programs and resources to develop expertise in assisting diverse businesses.\u201d\n<\/p>\n<p><b>About Innovate Capital Growth Fund<br \/>\n<br \/><\/b>Innovate Capital Growth Fund is an unleveraged SBIC fund uniquely focused on investing growth equity in minority and women-owned lower middle market businesses. We bring a solution focused on growth, built through years of experience and expertise understanding minority and women-owned business concerns and addressing them through capital, operational expertise, and access to our strategic network. We partner with talented executives to build valuable companies in the lower middle market. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finnovatecapitalgrowth.com%2F&amp;esheet=53294679&amp;newsitemid=20230131005975&amp;lan=en-US&amp;anchor=Innovate+Capital+Growth+Fund&amp;index=1&amp;md5=651a0bc703534859804a4f31cb11b1f1\">Innovate Capital Growth Fund<\/a>.\n<\/p>\n<p><b>About Fulton Bank, N.A.<br \/>\n<br \/><\/b>Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $26 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.fultonbank.com%2FAbout-Fulton-Bank%2FFulton-Forward&amp;esheet=53294679&amp;newsitemid=20230131005975&amp;lan=en-US&amp;anchor=Fulton+Forward%26%23174%3B&amp;index=2&amp;md5=e72bbfdb3c5ca618ea909cd882adc0a3\">Fulton Forward\u00ae<\/a> initiative, we\u2019re helping build vibrant communities. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.FultonBank.com&amp;esheet=53294679&amp;newsitemid=20230131005975&amp;lan=en-US&amp;anchor=www.FultonBank.com&amp;index=3&amp;md5=023d0e948519f7237413ca09433d29e0\">www.FultonBank.com<\/a>. Fulton Bank, N.A., Member FDIC.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230131005975r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/<\/a><\/span><\/p>\n<p><b>Innovate Capital Growth Fund:<br \/>\n<\/b><br \/><b>Della Clark<br \/>\n<\/b><br \/><b>215-895-4005<br \/>\n<\/b><\/p>\n<p><b>Fulton Bank:<br \/>\n<\/b><br \/><b><a rel=\"nofollow\" href=\"mailto:strapnell@fultonbank.com\">Steve Trapnell<br \/>\n<\/a><\/b><br \/><b>717-291-2739<\/b><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Business Consumer Women Finance Banking<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230131005975\/en\/771212\/3\/Logo_Color_jpg_FB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230131005975\/en\/1701321\/3\/Della_Clark_and_Curt_Myers_Celebrate_Fulton_Bank_Investment_in_Innovate_Capital_Growth_Fund.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Fulton Bank Invests $1 Million in Innovate Capital Growth Fund Investment Will Fund Growth for Minority- and Women-Owned Businesses in the Mid-Atlantic Region PHILADELPHIA &amp; LANCASTER, Pa.&#8211;(BUSINESS WIRE)&#8211; Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has invested $1 million in Innovate Capital Growth Fund, L.P., which provides capital and operational expertise to enable minority- and women-owned businesses to grow. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/ Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. (Photo: Business Wire) The investment is part of Fulton Bank\u2019s Commercial Affinity Banking initiative, which is designed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fulton-bank-invests-1-million-in-innovate-capital-growth-fund\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fulton Bank Invests $1 Million in Innovate Capital Growth Fund&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-727315","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fulton Bank Invests $1 Million in Innovate Capital Growth Fund - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fulton-bank-invests-1-million-in-innovate-capital-growth-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fulton Bank Invests $1 Million in Innovate Capital Growth Fund - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fulton Bank Invests $1 Million in Innovate Capital Growth Fund Investment Will Fund Growth for Minority- and Women-Owned Businesses in the Mid-Atlantic Region PHILADELPHIA &amp; LANCASTER, Pa.&#8211;(BUSINESS WIRE)&#8211; Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has invested $1 million in Innovate Capital Growth Fund, L.P., which provides capital and operational expertise to enable minority- and women-owned businesses to grow. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/ Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230131005975\/en\/ Innovate Capital Growth Fund Partner Della Clark and Fulton Financial Corporation Chairman and CEO Curtis J. Myers celebrate the bank\u2019s investment to help fund growth for minority- and women-owned businesses. 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