With Capital And Patience Dwindling, Short Sales Begin To Hit The Office Market
January 29, 2024Small biz owners scale back their office space or go remote altogether. Some move to the suburbs
January 29, 2024(Washington, DC) – Today, Mayor Muriel Bowser and the Department of Small and Local Business Development (DSLBD) are encouraging DC business owners to apply for two programs designed to support local entrepreneurs and their businesses: the Aspire Incubator Program and the Dream Grant Pitch Program. Applications for both programs open today, January 26, and run through Friday, March 1.
“We want entrepreneurs to thrive here, create jobs here, and provide services here because when local businesses win, our city wins,” said Mayor Bowser. “DC is a fantastic place to do business, and we want to make starting and growing a business more accessible to more people; that’s what these grants help us do.”
Managed by DSLBD, the 2024 Aspire Incubator and Dream Grant Programs are part of the Bowser Administration’s continued investment in and support of local businesses. Through the Aspire Incubator Program, which has awarded approximately $750,000 over the past three years, entrepreneurs have access to a comprehensive range of resources, including mentorship, guidance, and educational training to help turn their business ideas into reality. The Dream Grant Pitch Program provides financial and technical assistance to entrepreneurs from Wards 7 and 8 and provides a platform for them to develop the skills needed to run a successful business; over the past three years, local entrepreneurs have received approximately $1.5 million in Dream grants.
“We believe that by fostering economic growth, we are not just cultivating businesses but building a resilient community where the dreams of entrepreneurs can truly flourish,” said Rosemary Suggs Evans, Interim DSLBD Director. “We know that it’s about creating a thriving community where entrepreneurs can pursue their dreams with confidence and resilience.”
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