(Washington, DC) – Today, Mayor Muriel Bowser announced the Fiscal Year 2024 (FY24) recipients of the District’s Great Streets Retail, Locally Made Manufacturing, and Neighborhood Prosperity Fund grant programs. The $7 million investment supported 41 small and local businesses with grants ranging from $25,000 to $250,000. The event was held at the DC Arts Center, a FY23 Great Streets grant recipient, and featured eight different “DC Makers” that are producing and selling their local products in Washington, DC.
“As another local business owner said last week, ‘these are the businesses that make us so DC,’” said Mayor Bowser. “With every grant awarded, we’re fueling innovation, creating opportunities, and building stronger communities across all eight wards. These investments don’t just help businesses thrive—they uplift our neighborhoods, create jobs, and ensure that DC continues to be a city where creativity and entrepreneurship flourish.”
Businesses taking part in the DC Makers showcase included:
Since 2015, the Great Streets Retail, Locally Made Manufacturing, and Neighborhood Prosperity Fund grant programs have awarded over $49 million to over 550 businesses across the District, creating more than 2,250 jobs for DC residents.
The Great Streets Retail Grant program is a competitive grant awarded to retail and small business owners in eligible neighborhood corridors throughout DC to support their growth and development. The program funds support renovations, equipment purchases, interior design, and/or infrastructure improvements. Eligible businesses include small and independently owned brick-and-mortar businesses and art-based nonprofits throughout Great Streets corridors.
The Locally Made Manufacturing Grant program supports local manufacturing businesses by providing funding dedicated to improving commercial properties designated for industrial use. The program is designed to grow the District’s local business economy through bolstering manufacturing and strengthening supply chains District-wide.
The Neighborhood Prosperity Fund incentivizes community development, economic growth, and job creation by using local funds to provide financing for projects that attract private investment to emerging communities.
“When we invest in our small and local businesses, we are in turn supporting vibrant and thriving neighborhoods,” said Deputy Mayor Nina Albert. “Through Mayor Bowser’s investments, we will continue to foster an inclusive business environment where opportunity thrives in every ward of our city.”
Mayor Bowser’s FY25 budget invests another $7 million to support local businesses through DMPED’s grant programs. Businesses will be able to apply for FY25 funding next year when the application period opens. Entrepreneurs can visit ObviouslyDC.gov to learn more about other available programs.
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