Social Enterprise and Impact Economy Development

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Advance the development of the impact economy by supporting external efforts to strengthen the local social enterprise and civic innovation ecosystem, hosting related conferences, and promoting DC as a hub of social enterprise beyond the Beltway (e.g. SOCAP).

Progress Updates:

June 2018: DMPED held meeting with prospective investors following the designation of DC’s Opportunity Zones, a new federal tax incentive that could be leveraged to increase impact investing. Learn more about DC’s Opportunity Zones here.

October 2017: DMPED attended SOCAP (Social Capital Markets) Conference and promoted DC as the capital of inclusive innovation.

Timeline: FY17-19

Lead and key partners: Office of the Deputy Mayor for Planning and Economic Development (DMPED), Washington DC Economic Partnership (WDCEP), external partners

Related core sectors: media and communications, professional services, technology and segments of others, such as health and life sciences and higher education

Related opportunity areas: impact economy

Related action areas: DC identity and promotion, business environment