During SXSW, WeDC made a huge announcement. Joined by Mayor Muriel Bowser, the city aims to become a major entrepreneurship and tech hub poised for innovation, with a huge push toward diversity, and proponents are more than serious about the initiative, taking massive steps in order to put the infrastructure in place.
The overarching goal is to become the capital of inclusive innovation offering tech incentives for entrepreneurs to set up companies in the capital. These initiatives include tax breaks, funding, office space all the way down to relocation reimbursement for potential employees.
Black Enterprise spoke to several key players involved in the initiative as they announced their efforts during Interactive Week at SXSW.
Shelly Bell, board member of Beacon, a community-led campaign to make Washington DC the most influential and supportive city for women entrepreneurs in the United States stated, “There are so many women entrepreneurs and we’re not all connected. We don’t know what everyone’s doing and all the resources are spread out so Beacon serves to shine a light on what’s already happening and amplifies the women businesses that are already serving other women. In addition, we want to connect everyone so we have an idea of who’s who, where everyone is, and how we can support each other.”(Image: Sequoia Blodgett/Mayor Muriel Bowser and Beacon)
Aaron Saunders, founder & CEO of Clearly Innovative Inc., Luma Lab, and In3, D.C.s first community space dedicated to inclusion, innovation, and incubation, says that the co-working space/incubator is being rolled out in an 8,000-sq.-ft. space with the intent to support diverse entrepreneurs and provide products and services for diverse underrepresented communities. The building is slated to open April 17, 2017.
(Image: Sequoia Blodgett/Mayor Muriel Bowser and In3)
“What we are doing is a direct response to an RFP that the Mayor’s office put out. Almost two years ago, the Mayor, in partnership with Howard made an announcement that they were going to create a space focused on inclusive innovation. They put out the RFP, we responded and now we’re here.” said Saunders.
With the added energy of SXSW, both organizations announced their initiatives to the D.C. community, and the city was there to support.
“We’re growing private sector jobs in our city and a part of that growth are entrepreneurs who have come to Washington to test out their smarts, their ideas, and [to] try to help us fill some service gaps, so a lot of our relationships developed organically. We realized that if the city was intentional about investing in an environment that would support startups business that could be our niche. We recognized that there was a lot of underrepresented talent and we could make the investments that support them, D.C.’s Mayor, Muriel Bowser told Black Enterprise.
So what are the targets for these initiatives? “We want to see people start and grow their businesses in D.C. Period,” said Bowser. In addition, over the next three years, the aim is to provide 5,000 jobs for underserved residents and create 500 new tech businesses founded by underrepresented entrepreneurs.
Sequoia Blodgett is the Technology Editor for Black Enterprise, Silicon Valley. She is also the founder of 7AM, a lifestyle, media platform, focused on personal development, guided by informed, pop culture.