Global Boatworks Holdings, Inc. announced it has entered into a two-year pilot with Baltimore Development Corporation. Baltimore Development Corporation (BDC) serves as the economic development arm for the City of Baltimore. Their mission is to grow the city’s economy in an inclusive manner by retaining, expanding, and attracting businesses, and promoting investment, thereby increasing career opportunities for residents. BDC has a strong commitment to equitable economic development with a focus on supporting small businesses throughout Baltimore City, including providing loans In this pilot, BDC has signed on as a businesscustomer of R3 Score and will use R3 Score’s technology for a portion of the applications received that they would like to continue reviewing for a small business loan, but the business operator may fall below the preferred traditional credit score. This means that BDC is committed to a more equitable economy by supporting minority and women-owned businesses that may have been negatively impacted by institutional racism and/or generational poverty. Their commitment includes implementing developed strategies and bringing R3 Score on board to intentionally create an inclusive and equitable Baltimore economy whereby a traditional credit score and report may no longer be an instant barrier.