Request for Applications (RFA)
Qualified High Technology Company Security Deposit Assistance Grant Program
RFA Identification No.: DMPED – 2017 – RES – 105121
Released: March 2, 2017
Date of grant execution through September 30, 2017
The Office of the Deputy Mayor for Planning and Economic Development (DMPED) is soliciting grant applications from qualified businesses that lease space in the District of Columbia for the Qualified High Technology Company (QHTC) Security Deposit Assistance Grant Program. Funding for this program is authorized from the Economic Development Special Account Revival Amendment Act of 2012 (D.C. Law 19-168; D.C. Official Code §2-1225.01 et seq.).
The purpose of the QHTC Security Deposit Assistance Grant Program is to foster the development of creative and technology-focused businesses in the District, increase the District's tax base, and create new job opportunities for District residents.
DMPED will award individual grants of up to a maximum of $750,000 each per qualified business. Grant funds will be utilized to assist grantees with security deposit assistance for an initial lease. Total funding availability for this grant program is $750,000.
Please note that all applications must be submitted electronically. Incomplete applications or those submitted after the deadline will not be accepted.
Please direct all inquiries to:
LaToyia Hampton, Grants Manager