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D.C. Mayor Muriel Bowser’s administration is offering new grants for businesses that open or expand in vacated downtown properties as part of an ongoing effort to bring life back to a major city corridor.

The $3 million in”downtown recovery grants” Bowser announced Monday aims to incentivize businesses to relocate or expand into downtown. The grant can cover construction, rent, and utilities. Up to five businesses are expected to each get between $200,000 to $3,000,000. To qualify, a business must lease a space that has been vacant for at least six months in the Downtown Business Improvement District or the Golden Triangle Business Improvement District, among other requirements including completing project by September 2025 and demonstrating how the project will drive foot traffic.

July 10, 2023

ChallengeHer

The Women-Owned Small Business Federal Contract Program (WOSB Program) is to help provide a level playing field for women business owners. The federal government limits competition for certain contracts to businesses that participate in the WOSB Program.

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