UPDATE on the DC SMALL BUSINESS RECOVERY MICROGRANT APPLICANTS- Emailed Notice received 4/29/20202
Dear DC SMALL BUSINESS RECOVERY MICROGRANT PROGRAM APPLICANT,
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) would like to share a few important announcements as it relates to your application.
The DMPED received more than 7,000 applications from you and your peers in the local business community. Today, Mayor Muriel Bowser and DMPED announced more than $8 million in additional support for the DC Small Business Recovery Microgrant Program adding to the $25 million the Mayor invested to provide relief to local small businesses. By expanding the pool of resources, our intent is to support all eligible applicants.
DMPED will begin notifying applicants today about their award status and notifications will continue on a rolling basis through May 8.
After notifications are made, funding will be dispersed through local Community Development Financial Institutions (CDIFs) including City First Enterprises, Industrial Bank, Latin Economic Development Corporation (LEDC), Life Assets, Inc. and Washington Area Investment Community Fund (WACIF).
For more resources and information about the District's response to COVID-19, visit coronavirus.dc.gov