Mayor Bowser Awards $1.8 Million to 17 Local Businesses Through the District’s Inclusive Innovation Equity Impact Fund
Date Released:
Thu, 10/24/2024
(Washington, DC) – Today, to close out and celebrate 2024 DC Startup and Tech Week, Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), in partnership with 1863 Ventures, announced that 17 DC businesses will receive $1.8 million through the third round of the District’s Inclusive Innovation Equity Impact Fund (IIEIF). The fund is designed to level the playing field, ensuring that entrepreneurs who often face barriers to early-stage funding have access to the resources they need to succeed.
