WBC - washington area community investment fund

The U.S. Small Business Administration (SBA) has awarded a $150,000 Cooperative Agreement to the Washington Area Community Investment Fund, Inc. (WACIF) under the Women's Business Ownership Assistance program (CFDA 59.043). This federal grant will support WACIF, a certified Community Development Financial Institution (CDFI) and SBA lender, in delivering comprehensive entrepreneurial development services for women-owned small businesses in the Washington, D.C. metropolitan area.

The funding will enable WACIF to provide training, counseling, technical assistance, and access to capital resources to help women entrepreneurs, with a particular focus on supporting socially and economically disadvantaged women. The organization's programs include the Women's Business Ownership Assistance, Microloan Program, Program for Investment in Microentrepreneurs (PRIME), and Equitable Recovery Program. Through this SBA grant, WACIF will continue its mission of removing discriminatory barriers and fostering the growth of women-owned enterprises in underserved communities.