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BRC Alert Volume 2, Issue 14, November 3, 2003

Microloans, Calendar, Workbooks, Contracting, Commuting, and Reservists

  1. reSTORE DC Boosts Lending Capacity of Local Microloan Program
  2. Business Events Calendar Consolidates Upcoming Seminars and Outreach
  3. SCORE Offers Two Workbooks for Entrepreneurs
  4. Metropolitan Washington Airports Authority Promotes Procurement Conference
  5. Metro Announces Employer Seminar About SmartBenefits
  6. Small Businesses Employing Reservists Eligible for SBA Disaster Loans
  7. DC Business Tools Available
  8. View the BRC Alert Archives

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1. reSTORE DC Boosts Lending Capacity of Local Microloan Program

Small and emerging retail businesses in the District of Columbia now have a new source of money to help them grow.

In October, Mayor Anthony A. Williams presented a grant award of $150,000 to the Latino Economic Development Corporation (LEDC) for support of LEDC's Microloan Program. The grant funds are made available through reSTORE DC, the Mayor's neighborhood commercial revitalization initiative, and its Commercial Property Acquisition and Development (CP-A&D) program.

This grant award to LEDC will allow the community-based nonprofit corporation to expand its lending capabilities by offering small loans to higher risk loan applicants at lower interest rates than previously available through the microloan program. LEDC will also offer post-loan technical assistance to successful applicants.

CP-A&D is designed to provide financial assistance to non-profit corporations in acquiring or developing retail commercial properties in the District of Columbia. Applications for funding are currently being accepted on a rolling basis until December 15, 2003. For more information about CP-A&D and the other programs offered through reSTORE DC, please visit reSTORE DC or call (202) 727-5208.

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2. Business Events Calendar Consolidates Upcoming Seminars and Outreach

The District of Columbia online Business Resource Center features a calendar that consolidates upcoming events, seminars, and outreach events for small businesses and nonprofit organizations.

The frequently updated BRC Business Events Calendar links to events sponsored by District of Columbia government agencies, federal government agencies, and local organizations providing training to small businesses and nonprofits.

Some of the agencies and organizations with events included are:

  • Office of the Deputy Mayor for Planning and Economic Development
  • DC Public Library
  • Office of Local Business Development
  • Department of Employment Services
  • Office of Contracting and Procurement
  • Department of Consumer and Regulatory Affairs
  • Department of Banking and Financial Institutions
  • Department of Insurance and Securities Regulation
  • Office of Planning
  • Department of Housing and Community Development
  • US Small Business Administration
  • Georgia Avenue Business Resource Center
  • Washington, DC Small Business Development Center
  • Women's Business Center
  • DC Tech Council
  • The Foundation Center

Visit the BRC Business Events Calendar.

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3. SCORE Offers Two Workbooks for Entrepreneurs

SCORE--Counselors to America's Small Business--offers two small business workbooks for entrepreneurs. How to Really Incorporate Your Business covers the various types of business structures and how to establish a corporation. How to Really Market on the Internet describes how small business owners can use the Web to attract and keep customers.

Both workbooks are available at the SCORE Washington, DC Chapter or by calling (800) 634-0245.

SCORE is a resource partner of the US Small Business Administration. A national nonprofit organization, SCORE has over 11,500 volunteer members in 389 chapters across the United States. It is dedicated to providing free help to men and women starting small businesses and to those already in business. The Washington, DC Chapter has over 46 members experienced in owning and operating both small and large businesses in almost every field.

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4. Metropolitan Washington Airports Authority Promotes Procurement Conference

The Metropolitan Washington Airports Authority will host its 13th annual Business Opportunity Seminar on November 20, 2003 at the Hyatt Regency Crystal City in Arlington, VA.

The event, "Powering Our Business Through Diversity," consists of a seminar and exhibit hall focusing on current and upcoming contracting opportunities with the Authority.

The event is free of charge. Registration is mandatory and space is limited.

For additional information and registration, visit the Metropolitan Washington Airports Authority.

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5. Metro Announces Employer Seminar About SmartBenefits

Metro will host a free SmartBenefits Employer Seminar November 19, 2003.

The SmartBenefits Employer Seminar will help businesses learn how to easily manage a Metrochek transit benefit program.

The seminar will be held at Metro Headquarters, 600 Fifth Street, NW (Meeting Room in the Lobby Level) from 8:45 am until noon.

Visit Metro.

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6. Small Businesses Employing Reservists Eligible for SBA Disaster Loans

Small businesses employing military reservists may apply for economic injury disaster loans if those employees are called up to active duty during a period of military conflict existing on or after March 24, 1999, and those employees are essential to the success of the small business daily operations.

The filing period for small businesses to apply for economic injury loan assistance under the Military Reservist Economic Injury Disaster Loan Program begins the date the essential employee is ordered to active duty and ends on the date 90 days after the essential employee is discharged or released from active duty.

For more information, please call (800) 659-2955.

View the announcement.

Visit the SBA.

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7. DC Business Tools Available

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8. View the BRC Alert Archives

Previous editions of the BRC Alert newsletter feature articles for small businesses and nonprofits regarding incentives, training, licenses, procurement, commuting, emergency preparedness, and other topics. View the BRC Alert Archives.

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Submit Feedback to brc.alert@dc.gov

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