Capital Impact Partners and the Nourish DC Collaborative Award $400k to BIPOC-Owned DC Food Businesses to Grow an Equitable Food System in Washington, DC
Retrieved on:
Wednesday, March 9, 2022
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"Investing in our local businesses is one of the strongest ways we can impact our communities," said Mayor Muriel Bowser.
Key Points:
- "Investing in our local businesses is one of the strongest ways we can impact our communities," said Mayor Muriel Bowser.
- "We're proud to support these nine food businesses in the District, and are excited to continue working with Capital Impact Partners and the Collaborative partners to build a more inclusive food system."
- More than 180 businesses applied for the first round of Nourish DC catalytic grants, and nine awardees were selected through a review process involving all of the Nourish DC Collaborative lending and technical assistance partners.
- Together, the Collaborative provides flexible loans, technical assistance and catalytic grants to emerging and existing locally owned food businesses.