District of Columbia - Executive Office of the Mayor - Office of the Deputy Mayor for Planning and Economic Development (DMPED)
07/29/19 12:00 PM EST
Grants to Washington, DC nonprofit and for-profit corporations to enhance or create an accelerator program for early-stage entrepreneurs from underrepresented populations. The program will provide technical assistance, mentorship, introductions, and other capacity-building support. “Underrepresented” means that at least 51% of company owners identify as the following: African-American, Latinx, Native American, female, LGBTQ, or disabled.
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) seeks one or more partners to create a privately managed accelerator program that invests in seed and early-stage DC-based businesses led by underrepresented entrepreneurs, including people of color, women, LGBT individuals, and people with disabilities. These may be technology or technology-enabled businesses.
The goal is to increase access to business development and financial support for scalable tech or tech-enabled, DC-based businesses led by underrepresented entrepreneurs. The top priority is increasing access to opportunity for underrepresented entrepreneurs who would not otherwise secure the resources and access to capital needed to scale their business.
These accelerator partners would be charged with helping entrepreneurs develop scalable businesses, form strategic partnerships, and raise investment capital needed to grow a sustainable venture. Partners could develop a new accelerator or develop a new component of an existing program.
GrantWatch ID#: 186250
The District intends to make one or more awards.
Award amount will vary by applicant but will not exceed $200,000.
The District’s period of performance and financial obligation for the grant will be from the date of execution through September 30, 2020.
Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.
Apply Here: https://www.GrantRequest.com/SID_5501?SA=SNA&FID=35043
DMPED Grants Team
Phone: (202) 724-8111
DMPED – BD019 - 2320
USA: Washington, DC
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