Washington D.C. Coalition for Capital

News Room

  • December 17, 2010

    Enhanced Capital is Proud to Announce its Investment in the Capital Area Food Bank

    DISTRICT OF COLUMBIA – Enhanced Community Development, LLC (ECD), a leading New Markets Tax Credit (NMTC) community development entity, recently provided $9.6 million of NMTC allocation to a tax credit financing transaction with the Capital Area Food Bank (CAFB), the largest nonprofit hunger and nutrition education resource in the Washington Metropolitan Area. The transaction will allow CAFB to build a new distribution facility that will ultimately enable it to accept, sort and distribute twice as much food and household necessities into the community.

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  • September 23, 2010

    EnviRelation Wins Business Plan Competition, Secures $100,000 Investment via the District’s CAPCO Program

    DC-Based Food Composter Receives Investment Funds to Hire Employees and Grow Local Green Business

    WASHINGTON, D.C. – EnviRelation, a District-based environmentally sustainable food composter and winner of the 2010 Washington, DC Business Plan Competition, today secured an investment of $50,000 from Advantage Capital Partners and $50,000 from Enhanced Capital Partners via the District’s CAPCO Program. These funds will be used to expand this young business and position it for future growth.

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  • March 31, 2010

    $100,000 Business Plan Competition

    DC’s Certified Capital Companies Seek to Invest in Winning Business that Capitalizes on District Location

    WASHINGTON, D.C. – The Office of the Deputy Mayor and the Washington, DC Economic Partnership (WDCEP) in collaboration with Advantage Capital Partners and Enhanced Capital Partners will kick off its $100,000 Business Plan Competition on April 6 from 6:00-8:00pm at the Washington, DC Economic Partnership’s office located at 1495 F St NW.

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  • March 24, 2010

    Over 100 Celebrate Opening of DC Women's Business Center

    On Tuesday, over 100 women business owners and community members celebrated the grand opening of the DC Women's Business Center.  SBA Administrator Karen Mills, White House Council on Women and Girls Director Christina Tchen and At-Large Councilmember Kwame R. Brown hosted the event, which coincided with Women's History Month.  Chairman Vincent C. Gray and Councilmembers Muriel Bowser, Harry Thomas and Yvette Alexander presented a Council resolution to the SBA to commemorate the occasion.

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  • March 30, 2009

    The Nation's Capital Needs CAPCO

    Imagine you are a 32-year-old employee who works hard every day. Yet, you dream every night about opening your own business to create your own wealth.

    In today’s economy, in which our unemployment rate is at a 25-year high of 8.1 percent and Fortune 500 companies have to beg for funds to preserve jobs and stay in business, where can you find startup money to realize your dreams?

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  • March 30, 2009

    Public-Private Collaboration Can Spur Economic Growth

    We have all heard the bad news.

    The National Venture Capital Association reports that venture investing in early stage businesses is down 71% over the last 12 months. Most venture funds are reserving their capital for existing portfolio companies. Small business lines of credit are not being renewed by banks seeking to preserve liquidity. As credit is cut further, companies are forced to consider layoffs to stay in business. The result will be a sharp decline in 2009 in the number of companies funded, and very little of the federal stimulus package is expected to make its way to small business.

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  • March 6, 2009

    Washington, DC Economic Partnership Launches PremierPlan, a business plan competition, with CAPCO funding

    Understanding the strain that the current financial market has placed on small businesses the Washington, DC Economic Partnership’s BusinessPremier program has launched a new initiative, PremierPlan, a business plan competition.

    The program, which will award $100,000 in investment capital and a package of pro bono services, is funded by DC Certified Capital Company participants, and is held in conjunction with the DC Coalition for Capital.

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  • February 12, 2009

    Councilmember Evans proposes D.C. business tax breaks

    D.C. Councilman Jack Evans, D-Ward 2 and chair of the finance committee, plans to propose a series of tax breaks for businesses that he says are needed to cushion D.C. companies from the recession and attract new economic stimulus-related business to the city.

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  • December 22, 2008

    DC Department of Small & Local Business Development Launches Pilot Micro Loan Program

    The DC Certified Business Enterprise Revolving Micro Loan Fund is a financing tool designed to sustain and/or increase the level of business activity, job creation and retention, and provide access to capital for the sustainability and expansion of small businesses, with emphasis on assisting small resident owned and disadvantaged businesses, as certified by the Department of Small and Local Business Development (DSLBD)

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  • November 10, 2008

    Micro Loan Fund Pilot Program to Begin in December

    The DC Department of Small and Local Business Development (DSLBD) is introducing a pilot micro loan program for the current fiscal year. In order to apply for DSLBD’s Micro Loan Program, you must be a District-based Certified Business Enterprise that is designated as “small” and “disadvantaged”. Retailers, restaurant owners, and other small business owners that have not been “certified” by DSLBD should begin the process asap if they are interested in applying for a micro loan.

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  • July 30, 2008

    District of Columbia Honors Local Small Businesses in 1st Awards Program on Behalf of Local Government

    Today, the Washington, DC Economic Partnership hosted the 2008 BusinessPremier Small Business Awards to demonstrate the District's commitment to fostering and acknowledging local business talent. Steve Moore, President & CEO of the Washington, DC Economic Partnership is proud that his organization developed such an initiative because he believes, "[s]mall businesses here in DC deserve recognition. They are the personality of our neighborhoods, they are highly creative, and they give back to the community in many way...an event like this, where we say thank you, is long overdue."

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  • June 23, 2006

    D.C.’s $50M venture fund on track to meet target

    A year after the launch of a $50 million venture capital fund program dedicated to investing in Washington-based startup companies, $10 million has been invested in 10 D.C. companies — a pace well ahead of the program’s goal of investing 20 percent by May 2007.

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