Latest News Continued...
Sunday, November 24, 2013, Washington Marriott Wardman Park.
The AEDC Albert R. “Butch” Hopkins Memorial Scholarship Foundation announced that it will host its “Fourteenth Annual Champagne Brunch”, at the Washington Marriott Wardman Park Hotel, 2660 Woodley Road NW Washington, D.C. 20008. The admission to this event is $150 per person and $250 per VIP ticket. All proceeds will be used to provide college tuition scholorships to deserving seniors of Ballou S.T.A.Y. and the Academies at Anacostia Senior High Schools. This foundation has granted over $200,000 in scholarships to over 40 graduating seniors since its inception in1999.
DC Based Small Business Contractors Stakeholders Meeting
October 15, 2013, 6:30 pm at DHCD, 1800 MLK Ave., S.E., Washington, DC 20020.
A coalition of District of Columbia based companies, local unions and non-union entities are forming under the banners of the Anacostia Economic Development Corporation (AEDC), the DC Hispanic Contractors Association, Inc. (DCHCA), and the Washington DC Building and Construction Trades Council to address the issues of access and employment for our community in capital projects across the city. The coalition consists of minority and immigrant owned small and medium sized firms licensed and doing business in the District of Columbia, in the construction and contracting sector.
East of the River Retail and Contracting Opportunities Discussion
The District of Columbia Government is aggressively implementing the Mayor’s Five-year Economic Development Strategy that will transform the District by creating 100,000 new jobs and $1 billion in new tax revenue. This will be accomplished through the expansion of opportunities in government contracting, professional services, hospitality, education and health care, real estate and construction, technology and retail related industries.
The underserved Wards 7 & 8 will be the substantial benefactors of this economic boom. The District has projects totaling more than $8 billion in development value currently underway and approximately $8.7 billion in development value planned over the next 5 years to stimulate economic growth and job creation. Although this presents tremendous opportunities to start-ups and existing business owners, navigating the competitive process, and understanding the requirements to compete for contract and procurement opportunities can be challenging. This discussion will provide an overview of major development opportunities throughout the District with an emphasis on Wards 7 & 8, and how to comply with the requirements of the opportunities.
AEDC's Veteran and Women-Owned Small Business Capacity Building Program
The Anacostia Economic Development Corporation's and Capital One Bank's Veteran and Women-Owned Small Business Capacity Building Program. This program facilitates opportunities for these small, minority enterprises to build their capacity, and increase business profitability and longevity in order to respond to the changing Ward 7 & 8 economies. The Program will provide technical assistance and training to assure that small businesses have access to capital, minority certification programs and other resources to meet the District’s requirements for contracting and procurement. Program participants will receive instruction and assistance in developing comprehensive business plans and proposals for participation in area business opportunities.
Community Development Financial Institution (CDFI)
AEDC was certified as a Community Development Financial Institution (CDFI). Through the CDFI Program along with the Industrial Bank of Washington, DC the CDFI provides Financial Assistance Awards and Technical Assistance grants to eligible participants.
Announcement of Stanley Jackson, AEDC's New President and CEO
Novell Sullivan, Chairman of the AEDC Board and James Speight Jr., Chairman of the Anacostia Holding Company Inc.’s Board, announce that they have appointed Stanley Jackson, as the new President and Chief Executive Officer of the Anacostia Economic Development Corporation.
Fast Trac DC Certificate Training
AEDC's Business Development Center (AEDC-BDC) was selected by the Ewing Marion Kauffman Foundation and the DC Department of Small and Local Business Development to administer the FastTrac® DC Certificate Training, and has secured the support of Capital One Bank to defray the participants’ tuition. This was a city-wide initiative to support entrepreneurs in developing comprehensive business plans as guides to start, expand and grow their businesses. AEDC announced the graduation of fourteen (14) Washington, DC based entrepreneurs.
AEDC in partnership with WDC Solar will create livable wage Green technology jobs for local electricians, roofers, solar technicians and engineers keeping valuable Green dollars in our communities. WDC Solar aims to improve the air quality in our environment, and make solar energy affordable and available to all residents living in the Washington, D.C. metropolitan area.
Announcement of Albert "Butch" Hopkins Way
Albert “Butch” Hopkins Way Act of 2012 was introduced and co-sponsored by Jack Evans, David Catania, Yvette Alexander, Jim Graham, Tommy Wells, Mary M. Cheh, Vincent Orange, and Muriel Bowser to dedicate the 1800 block of Martin L. King, Jr. Avenue as Butch Hopkins Way.
DC Sustainable Energy Utility (DC SEU) recently partnered with the Anacostia Economic Development Corporation (AEDC) to increase safety and lower energy costs by installing energy efficient lighting in the AEDC parking garage in Ward 8 through their Commercial/Institutional Program. The lighting upgrade replaced 72 metal halide units with state-of-the-art light-emitting diode (LED) lights. As the lights in the facility run continuously, the energy usage reduction has been substantial, and the replacement is expected to generate $32,700 in savings during the first year alone Before and after pictures of the parking facility show that the lighting upgrade benefits extend beyond energy and monetary savings. In the first picture, the space is dim, with dark areas. With the upgrade, the space has lighting that provides a clear view and the effect of full day light. To learn more about and apply for any of these rebates and incentives, contact DC SEU at 202-479-2222 or info@DCSEU.com