FOR IMMEDIATE RELEASE: Thursday, January 28, 2016
Jeremy Cullimore, (202) 529-5505
WACIF Announces New Executive Director
Harold B. Pettigrew, Jr. Named to Succeed Timothy Flanagan
Washington, D.C. (January 28, 2016) — The Washington Area Community Investment Fund (WACIF) today announced that it has named Harold B. Pettigrew, Jr. as its new Executive Director. Pettigrew will succeed Timothy Flanagan, and join WACIF in early February.
“Harold brings a wealth of experience in small business development, and will continue WACIF’s journey in building community,” said Dawnn Leary, Chair of WACIF’s Board of Directors. “We are thrilled he will be joining our dynamic team and look forward to many more successful years of continued growth in funding entrepreneurial endeavors in the DC metropolitan area.”
“I’m humbled by the confidence of the board in choosing me to lead this great organization,” said Pettigrew. “I look forward to deepening WACIF’s impact in the region, and building on a great foundation established under Tim’s leadership. This is a terrific opportunity that any leader would welcome.”
Pettigrew has over a decade of economic development experience leading successful initiatives to help small businesses grow. Most recently, he served as the Director of Entrepreneurship at the Corporation for Enterprise Development (CFED), one of the nation’s leading asset building organizations focused on the financial security of low-and moderate-income entrepreneurs. Before joining CFED, he led Washington, D.C.’s Department of Small and Local Business Development (DSLBD). During his tenure, he launched the city’s first export readiness and development program, re-established the District’s procurement technical assistance program (PTAP), created the city’s first small business technology commercialization support initiative, and launched new access to capital products and a retail focus on local neighborhoods. Prior to his appointment as Director, Pettigrew served as Administrator at the Department of Consumer and Regulatory Affairs (DCRA), where he streamlined licensing processes and launched the Small Business Resource Center to assist small businesses.
Pettigrew has received multiple industry awards, which include being named a Next City 2015 Vanguard, and a 2013 “40 Under 40” Rising Star in the Economic Development for leading Washington, DC through its most aggressive expansion of small business services. Pettigrew has a Master’s of Urban Planning degree from the Robert F. Wagner Graduate School of Public Service at New York University, and a B.A. in Political Science from North Carolina State University, where he served as a member of the university’s Board of Trustees.
Pettigrew is succeeding Timothy Flanagan who announced in 2015 that he was stepping down to spend more time with his family. Flanagan will be relocating with his family to Pennsylvania in 2016. Flanagan has been with WACIF for 10 years, and successfully leading it as the Executive Director for the last 5 years. “We are proud of Tim’s work, and look forward to building on the legacy he is leaving behind,” said Leary.
The Washington Area Community Investment Fund, Inc. (WACIF) is a nonprofit community development loan fund whose mission is to empower underserved communities and individuals in the Washington, DC metropolitan area by providing access to capital and technical assistance to small businesses, childcare centers, affordable housing developers, and community organizations. Learn more at www.wacif.org.
# # #