November 17, 2021
Updates from Adams Morgan
Click Here
to see previous updates in our newsletter archive
For the latest info from the DC government, refer to:
https://coronavirus.dc.gov/
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The gift boxes are coming back this year and will be in the plaza at the corner of Columbia Road and Adams Mill Road, placed between the newly planted trees! We'll also be adorning streetlights with ornaments and garland.
We'll have holiday carolers out again this year to bring out the holiday cheer!
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Thursday, Dec. 2 from 6-7:30pm
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Thursday, Dec. 9 from 6-7:30pm
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Saturday, Dec. 11 from 12-1:30pm
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Saturday, Dec. 18 from 12-1:30pm
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Is Your Business Planning Holiday Promotions or Events?
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Let us know what's going on with your business over the holiday season and we'll help you promote it.
Send details to Brian at
bbarrie@admodc.org
or tag us in your social media posts and we'll help you spread the word!
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If You Encounter Someone Experiencing a Mental Health Crisis...
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When encountering someone experiencing a mental health crisis the first call should be the DC Dept of Behavioral Health (DBH) community response team -- available 24/7 -- at 203-673-6495
(unless the person is committing a crime, then call 911 first)
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When you call please provide a clear and concise description of the person, the event and the location and which direction they were traveling. The Community Response Team will do the following:
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Deescalate the situation
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Assess if the person is willing to accept services
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If not, they can file a FD12 form if necessary so the person can be taken to CPAP - the crisis psychiatric center
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Thanksgiving Fundraiser for Marie Reed PTO
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Love local and support our families in need at Marie Reed Elementary School!
Click here
to donate.
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New Resource: Guide to Small Business Financing
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CNHED created the Guide to Small Business Financing to help small business owners in Washington, DC navigate the various local lenders (i.e., financial institutions including banks, CDFIs, MFIs) and loan products to find the best financing option for their business. There is a wealth of information on lenders and loan products available to support small businesses, and this guide aims to consolidate that information and provide key tips on how small businesses owners can research, compare, and apply for these financial resources. While this guide is useful for any small business, it is specifically designed for first-time borrowers embarking on their search for debt financing.
As CNHED continues to respond to practitioner feedback and on-the-ground experience, we’re committed to developing ecosystem-wide resources and solutions to support small and minority-owned businesses at every stage. Whether through the DCSmallBizHelp tool, the CNHED Capacity Building Institute, the RFP Response Strategy Toolkit, or this guide, our intention remains: to support local businesses in their pursuit of prosperity for themselves, their employees and our broader community.
Click here
to download the full guide.
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LEDC Receives Two Awards Totalling $1 Million to Support Underserved Entrepreneurs
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The
Latino Economic Development Center’s (LEDC)
Small Business program is set to receive a combined $1 million in grants to support underserved entrepreneurs.
LEDC was awarded a $200k grant from the Small Business Administration through the agency’s Program for Investment in Micro-Entrepreneurs (PRIME). This award will be allocated to provide small business technical assistance to underserved entrepreneurs in the community. The organization also won an $800k grant from the US Department of Health and Human Services (HHS), Office of Community Services (OCS), Community and Economic Development (CED) program to finance small businesses in DC positioned to create accessible jobs for low-income families.
LEDC is a Certified Community Development Financial Institution (CDFI) that provides alternative microloan options to start-ups and existing businesses that have difficulty obtaining credit from mainstream financial institutions. Since 1991, the organization has been equipping Latinos and other underserved communities with the skills and financial tools to create a better future for their families and communities.
Disadvantage entrepreneurs will receive blended TA, training, and access to capital designed to strengthen business models, preserve or create jobs, increase financial standing and capability, and support COVID economic recovery. LEDC will support individuals from BIPOC who operate businesses along the Purple Line Light Rail and are experiencing severe operational disruption and prolonged loss of revenue.
LEDC Interim Executive Director and CEO Marjorie Nemes-Galarza, is excited about the prospect that the $1 million grants will offer. She said: "We are extremely grateful for these awards as they will greatly impact our mission to drive the economic and social advancement of low to moderate income Latinos and other underserved communities struggling to adapt during this difficult time."
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Developing Financial Projections for Your New Small Business
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Friday, Nov 19; 12-1:30PM
Developing Financial Projections for Your New Small Business
Learn how to calculate startup costs, develop sales projections and create projected profit and loss and cashflow statements.
Click here
to register. Fee: $25
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Grant Opportunities Now Available for Verizon Digital Ready Users
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As part of the newly-launched Verizon Small Business Digital Ready program, registered users are now eligible to apply for a $10,000 grant.
Here's how to apply:
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New to Digital Ready?
Simply
register for the free program
, complete two courses or live coaching events, and you’ll be able to apply for the grant online.
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Already registered?
After you complete two courses or live coaching events, users can find a link to the application form on their Verizon Small Business Digital Ready dashboard under the ‘Incentives’ tab.
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FY22 Business Funding Opportunities
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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.
Program details will be added here
as they become available.
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SMALL BUSINESS RENT RELIEF FUND (DMPED)
; Launch Timing: Fall 2021
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ART VENUE RELIEF FUND (DMPED)
; Launch Timing: Fall 2021
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SPECIAL EVENT FEE RELIEF FUND (DMPED)
; Launch Timing:
Open now
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ENCORE PROJECT (OCTFME)
; Launch Timing: Fall 2021
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STREETS FOR PEOPLE (OP)
; Launch Timing: Fall 2021
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INCLUSIVE INNOVATION EQUITY IMPACT FUND (DMPED)
; Launch Timing:
Open now
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FOOD ACCESS FUND (DMPED)
; Launch Timing: Fall 2021 (Round 2)
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NOURISH DC COLLABORATIVE (DMPED & OP)
; Launch Timing:
Open now
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DREAM GRANTS (DSLBD)
; Launch Timing: Winter 2022
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ASPIRE (DSLBD); Launch Timing: Winter 2022
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CANNABUSINESS ASSISTANCE (DSLBD)
; Launch Timing: Fall 2021
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DC COMMUNITY DEVELOPMENT CONSORTIUM GRANT (DSLBD)
; Launch Timing: Fall 2021
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GREAT STREETS RETAIL (DMPED)
; Launch Timing: Fall 2021
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COMMERCIAL FOOD WASTE INNOVATION GRANTS (DSLBD)
; Launch Timing: Fall 2021
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PUBLIC RESTROOM PILOT (DSLBD)
; Launch Timing: Fall 2021
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NEIGHBORHOOD PROSPERITY FUND (DMPED)
; Launch Timing: Winter 2022
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LOCALLY MADE MANUFACTURING GRANT (DMPED)
; Launch Timing: Winter 2022
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BID PLACEMAKING & RECOVERY FUND (DMPED)
; Launch Timing: Fall 2021
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VITALITY FUND (DMPED)
; Launch Timing: Fall 2021
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COMMERCIAL PROPERTY ACQUISITION FUND (DMPED)
; Launch Timing: Fall 2021
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SMALL MEDIUM BUSINESS GROWTH FUND (DMPED)
; Launch Timing: Winter 2022
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D.C. REBUILD BOND PROGRAM
; Launch Timing:
Open now
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From Kathy Hollinger, President, RAMW
Yesterday Mayor Bowser announced that the DC indoor mask mandate will be lifted effective this Monday, November 22. As always,
if a restaurant or other private business wants to continue to require masks in their establishment they can do so and should post visible signage to indicate that is the requirement
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The city is updating the reporting and metrics systems to help residents assess their individual risk and community risk. Mayor Bowser stated that there is not one particular metric that will trigger the mask mandate to be reinstated, and instead DOH will monitor the situation closely.
Masks will still be required, regardless of vaccination status, in the following circumstances:
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Any private business that wants a mask requirement;
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On public transport like buses and trains, inside train stations, in airports, and while in rideshare vehicles;
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Inside schools, childcare facilities, and libraries;
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Congregate facilities, such as nursing homes/assisted living facilities, shelters, dorms/residences, and correctional facilities; and
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In DC Government facilities where there is direct interaction between employees and the public (e.g., DMV service center; DHS service center, etc.).
Click here
for the Situational Update.
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Georgetown Student-run Microfinance Lender
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The Hilltop Microfinance Initiative (HMFI) is a 501(c)3 non-profit that aims to financially empower communities in the DC area through two services: small business loans and group financial coaching. HMFI offers low-interest loans ranging from $500 to $10,000 at a fixed interest rate of 6%, with a holistic underwriting process and a commitment to our partners. To learn more visit
hilltopmfi.org
or contact Alice Naughton at
anaughton@hilltopmfi.org
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The SBA wants to hear from you. SBA invites you to participate in a survey to assess your satisfaction with SBA’s customer service and communication on COVID-19 related grant and loan relief programs. The results will be used to monitor and improve SBA relief effort effectiveness. The survey will take about 15 minutes to complete for each program that you obtained financial assistance.
Take the survey
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As the official destination marketing organization for the city, Destination DC (DDC) welcomes all people with open arms and are committed to showing locals and visitors alike that the District is a place that promotes and validates diversity, equity and inclusion.
DDC has worked to evaluate its efforts surrounding diversity, equity and inclusion. In addition to industry-wide efforts, it launched an internal task force and a new content strategy called The DEI District, which debuted in May 2021. DDC is now further engaging local minority-owned and small businesses.
On Nov. 1, 2021, DDC launched the
2022 DEI Business Fellowship
, a purposeful effort to reach out and support small businesses in the local community owned by people of color, LGBTQ+, women and disabled persons. This program offers complimentary marketing, mentorship, education and networking opportunities during the 2022 calendar year to help sustain and grow your businesses, specifically by reaching business and leisure travelers.
Click here
for more information including benefits and eligibility.
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REGISTER: Free November One on One Phone Business Sessions and Virtual Webinars
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Webinar: Department of Insurance, Securities and Banking
Thursday, November 18, 2021; 10:00 am
SBRC One-On-One Call Session: Steps to Obtaining a Business License
Monday – Friday, by appointment between 10:00 am – 4:00 pm
SBRC One-on-One Call Session: "Talk Business After Hours"
Monday and Wednesday, by appointment between 4:00 pm - 6:00 pm
Click here
for more information and to register for events
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SPONSORSHIP OPPORTUNITIES
Sponsor one of our community events! Partner with our community while reaching some of the city's most desirable demographics. For details, contact
Kristen Barden
at
202-997-0783.
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©
Adams Morgan Partnership
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