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Latino Economic Development Center

Contact Information

Omar Velasco
10 East North Avenue
Baltimore, MD 21202
Phone: (443) 708-7054

Service Description

LEDC became incorporated in 1991 as a community-based non-profit 501(c)(3) organization. LEDC’s mission is to drive the economic and social advancement of low- to moderate- income Latinos and other underserved community in the Greater DC and Baltimore metro areas by equipping them with the skills and tools to achieve financial independence and become leaders in their communities.

LEDC achieves its mission through four key service areas that include: small business development, microlending, affordable housing preservation, and homeownership counseling.

As a certified Community Development Financial Institution (CDFI), LEDC provides microloans ranging from 5k-50k to start-ups and existing businesses that have difficulty obtaining credit from mainstream financial institutions.

Our small business development services include one-on-one technical assistance and group training that support aspiring and existing low- to moderate- income small business owners with the creation, stabilization, and expansion of their business.

Services Offered

Business Planning

  • Business Plan Consulting, Development and Review
  • Market Plan Development

Financial Resources and Assistance

  • Economic Development Lending
  • Loan Providers
  • Micro Loans

Manufacturing, High Tech, Life Sciences Development

  • Commercialization


  • Advertising/Brochure Design
  • E-Commerce/Internet Marketing
  • Market Plan Development and Training
  • Web Site Development


  • One-on-One Counseling

Networking Organizations

  • Small Business/General

Public Policy and Government Relations

  • Hispanic Business

Regulatory Compliance

  • Codes
  • Government Requirements
  • Registration, Licenses and Permits
  • Trademark & Copyright Information

Starting a Business

  • Business Research Resources
  • Forming a Business
  • Registration, Licenses and Permits
  • Startup Business Counseling
  • Startup Classes

Technical Assistance

  • Bookkeeping/Accounting Software Training
  • Commercialization
  • Website Development


  • Bookkeeping/Accounting Software Training
  • Budget, Financial Statements and Cash Flow Training
  • Business Management Training
  • Business Plan Training and Assistance
  • E-Commerce/Internet Marketing
  • Marketing Plan Development and Training
  • Startup Classes