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Ward 8 Community Investment Fund

Mon, Aug 15

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RISE Demonstration Center

The W8CIF grant supported loan program both catalyzes business growth for Ward 8’s brilliant and creative small businesses and increasing the capital absorption capacity of the small business economy in Ward 8.

Registration is Closed
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Ward 8 Community Investment Fund
Ward 8 Community Investment Fund

Time & Location

Aug 15, 2022, 3:00 PM

RISE Demonstration Center, 2730 Martin Luther King Jr Ave SE, Washington, DC 20032, USA

About the event

The W8CIF, is a black led place-based funding opportunity offering  “grants-secured loans” to Ward 8 resident-entrepreneurs, and small  businesses. Grant secured loans are a new generation of anti-racist  financial product developed by and for black entrepreneurs in  partnership with elected officials, DSLBD, and a small business focused  CDFI. The grant-secured-loan product is designed to address the unmet  needs for “friends and family” funding which is not available to many  black founders due to the racial wealth gap in Washington, DC. A  multi-year community-centered-design process, drawing on the combined  insights and wisdom of activists, community members, entrepreneurs, and  (later) community development finance practitioners, led to the creation  of this groundbreaking financial product.  Grant secured Loans channel  funding to small businesses, where it’s needed most, while enhancing the  credit history of clients, to improve their access to mainstream  funding options.

The W8CIF grant supported loan program  both catalyzes business growth for Ward…

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