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BRC Bulletin Volume 4, Issue 8, August 16, 2005

BOT's Small Business Academy, Unemployment Rate, GWU's Small Business Clinic, DDOT

  1. The Greater Washington Board of Trade Seeks Applicants for Small Business Academy
  2. The District's Unemployment Rate Continues to Fall
  3. George Washington University Law School Small Business Clinic Now Accepting Applications
  4. DDOT Goes Live With Services for Disadvantaged Businesses

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1. The Greater Washington Board of Trade Seeks Applicants for Small Business Academy

The Greater Washington Board of Trade (BOT) is promoting its upcoming Small Business Academy.

The academy is a 10-month program that provides classroom training and group exchange to small business owners who have been in operation for one to five years. BOT member firms that have expertise in business operations act as faculty. BOT membership is encouraged, but is not required for academy participation. The application deadline is September 15 and the session begins on October 13. The Small Business Network Academy Selection Committee reviews all applications and will notify applicants of their acceptance no later than October 3, 2005.

For more information, please visit the BOT's Small Business Network

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2. The District's Unemployment Rate Continues to Fall

Department of Employment Services (DOES) Director Gregg Irish announced that the June 2005 seasonally-adjusted unemployment rate dropped 0.4 percent to 7.5 percent. The June rate was also 0.6 percent lower than the rate in June 2004.

"The decrease in the June unemployment rate can be attributed to a number of factors, including a 1,400 decrease in the number of unemployed District residents, a 1,200 increase in employed residents, and a 300 decrease in the labor force," said Irish. "June also showed an increase in employment, especially in the private sector, which made it easier for job seekers to find employment in construction, trade, transportation and utilities, and business and professional services."

The seasonally-adjusted national unemployment rate also dropped in June 2005 to 5 percent, which is down 0.1 percent from the May 2005 rate and down 0.6 percent from June 2004.

To find out more about DC's unemployment rate and other DC labor statistics, visit DOES's website

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3. George Washington University Law School Small Business Clinic Now Accepting Applications

George Washington University Law School Small Business Clinic provides a limited number of small businesses and non-profits with a wide range of legal services including:

  • Drafting articles of incorporation
  • Drafting bylaws for corporations (for profit and non-profit)
  • Creating limited liability companies
  • Reviewing leases
  • Conducting legal research on specific problems
  • Drafting contracts
  • Reviewing contracts

Clients receive help from second and third year law students who work under the supervision of a full-time law professor and supervising attorney who directs the program. Most clients are micro-businesses, which are made up of one to five people with less than $5,000 in start-up capital

To find out more about this opportunity and whether it may apply to your business, visit the Small Business Clinic's website.

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4. DDOT Goes Live With Services for Disadvantaged Businesses

The District Department of Transportation (DDOT) announced that the DDOT online tracking and compliance system is live and ready to help Disadvantaged Business Enterprises (DBE) apply for and win DDOT contracts and receive compensation quickly for their work.

"We want to make it as easy as possible for disadvantaged businesses to know of and take advantage of contracting opportunities, comply with reporting mandates, get their questions answered quickly and be paid on time," said Dan Tangherlini, DDOT director. The system allows immediate access to DDOT business development services, including help with invoicing, payment, and contract compliance. The system also provides information on how DBEs can use each other's services.

The online service allows contractors to--

  • Search for contracting opportunities.
  • Apply for certification and re-certification.
  • Check the status of an application.
  • Find other DBEs for subcontracting opportunities.
  • Obtain civil rights and equal employment opportunity information.

If you would like to take advantage of this new opportunity, please visit DDOT's DBE web page.

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