Washington, DC is a resilient city that pivots and grows in the face of challenges. We will continue to be the best city in the world to do business, bring big ideas to life, and set the standard for inclusive prosperity.

Mayor Bowser and the Office of the Deputy Mayor for Planning & Economic Development is investing $5.4 million in the Small Medium Business Growth Fund, a program that will offer grants aimed to retain and expand district-based small businesses by supporting large scale capital improvements, large equipment purchasing, and technological advancements within retail, professional services, industrial-based businesses and manufacturing industries.

Various existing and new grant programs will be available through the DMPED cluster in fiscal year 2022 to support economic recovery by providing support to businesses and entrepreneurs. Check here for Program details.

DMPED's FY23 budget makes significant investments across all program areas with a focus on equitable economic development across all eight wards, and an emphasis on revitalizing Downtown. 

To address the racial disparities in homeownership and household wealth in the District, Mayor Bowser will create a Black Homeownership Strike Force.

October 1, 2021 - September 30, 2022
While we continue to take all precautions to protect public health during the ongoing pandemic, DC is open! Events play an important role of making DC a wonderful place to live and visit, and provide economic impact to local businesses and entrepreneurs. As such, they are a critical part of our economic recovery. In FY22, Mayor Bowser will provide various new resources to support events that benefit DC communities.
 

As we ease back into a world with in-person connection, we’re excited to celebrate the District’s vibrant business corridors, and the businesses that fuel our workforce returning to the office safely.