Pepco Awards $350,000 to Wacif to Support Small Businesses During Economic Recovery

Washington, DC (June 25, 2020) – The Washington Area Community Investment Fund (Wacif) today joined the Potomac Electric Power Company (Pepco), the energy division of Exelon Corporation, to announce a $350,000 grant supporting Wacif’s mission to promote equity and economic opportunity, with a focus on underserved entrepreneurs of color in Washington, DC, and more specifically,…

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Minnesota Avenue Small Business Resilience Fund Supports Entrepreneurs During Economic Uncertainty

Washington, D.C. (June 18, 2020) – The Minnesota Avenue Main Street (MAMS), a program of the Washington Area Community Investment Fund (Wacif), today shared the impact of the Minnesota Avenue Small Business Resilience Fund (the Fund), supported by DC Department of Small and Local Business Development (DSLBD). Grantmaking through the Fund helps underserved entrepreneurs along…

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Washington Area Community Investment Fund Receives Google.org Grant from OFN to Help Support Small Business Recovery in D.C. Metro Area

Washington, D.C. (June 17, 2020) – Today, Opportunity Finance Network (OFN) announced that Washington Area Investment Fund (Wacif) was one of six Community Development Financial Institutions (CDFIs) nationwide to receive the first round of unrestricted grants from Google.org. The grant will help Wacif better serve minority- and women-owned small businesses. “CDFIs make the investments in small…

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Inaugural D.C. Co-op Impact Award Supports Cooperatives in the Washington Metro Area

Washington, D.C./Arlington, VA (June 4, 2020) – The Washington Area Community Investment Fund (Wacif) and Capital Impact Partners today announced $40,000 in grant awards to support cooperatively owned businesses through the inaugural D.C. Co-op Impact Grant. The awards will advance the growth of emerging and existing cooperatively owned businesses led by communities of color and…

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Wacif Joins Morning Consult to Launch Small Business Resilience Fund

Washington, D.C. (June 3, 2020) – The Washington Area Community Investment Fund (Wacif) today joined Morning Consult, a global data intelligence company, for the launch of a small business resilience fund to support equitable economic development in the Washington area’s underserved communities. The partnership will support Wacif’s mission to build an equitable economy, with the…

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