Loading market data...
GrantExec
GrantExec

Questions? Contact Us

© 2025 GrantExec. All rights reserved.

2025 Dream Accelerator Program

This program provides training and funding opportunities for microbusinesses in Wards 7 and 8 of Washington, DC, helping them develop essential entrepreneurial skills and compete for cash awards.

$7,500
Forecasted
Recurring
Grant Description

The Department of Small and Local Business Development (DSLBD) of Washington, DC, has announced the opening of applications for the 2025 Dream Accelerator Program. This initiative is part of the District’s effort to support microbusinesses specifically located in Wards 7 and 8. The program is structured as an 8-week, cohort-based training that aims to enhance the entrepreneurial skills and business readiness of its participants. The Dream Accelerator culminates in the Dream Pitch Competition, where participating business owners will present their ventures to a panel of judges. Contestants will compete for cash awards ranging from $2,500 to $7,500, making the program not only a training opportunity but also a competitive funding chance. The training components include business pitching, financial projections and accounting, marketing and branding, and structured mentorship and peer support. Applications for the program are open from April 14 through May 14, 2025. The final submission deadline is 2:00 PM on May 14, and no late applications will be accepted under any circumstances. Interested applicants are urged to review the official application instructions carefully before submitting their applications to ensure they meet all eligibility and documentation requirements. The program explicitly targets microbusinesses—typically defined as small firms with fewer than ten employees—operating in the designated wards. Additional eligibility criteria and application instructions are detailed in the official documentation available through DSLBD. Prospective applicants can attend information sessions or direct their queries via email to Inno.ED@dc.gov, as phone inquiries are not accepted. This initiative represents a valuable opportunity for early-stage businesses to refine their operations and expand their networks while competing for meaningful financial support. The DSLBD looks forward to empowering local entrepreneurs and enhancing the economic vitality of the community through this targeted development effort.

Funding Details

Award Range

$2,500 - $7,500

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Additional Details

Award amounts are based on competition results. Only businesses in Wards 7 and 8 are eligible. Program includes training and mentoring components.

Eligibility

Eligible Applicants

For profit organizations other than small businesses

Additional Requirements

Applicants must be microbusinesses located in Wards 7 or 8 of Washington, DC. Detailed criteria are found in the official instructions.

Geographic Eligibility

All

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Department of Small and Local Business Development

Phone

Subscribe to view contact details

Newsletter Required
Categories
Business and Commerce
Workforce Development