Small Business 2021 Bootcamp Series
About Small Business Technical Assistance
The District of Columbia Department of Housing and Community Development (DHCD) receives Community Development Block Grant (CDBG) funds from the U.S. Department of Housing and Urban Development (HUD) each year to develop programs, projects, and activities that support and preserve affordable housing and promote neighborhood revitalization for the benefit of low- and moderate-income households. As part of this effort, DHCD works in partnership with community based non-profit organizations to revitalize the neighborhoods that they serve.
The District of Columbia Department of Housing and Community Development (DHCD), through its Residential and Community Services Division, administers the Small Business Assistance Program. As part of its Neighborhood Based Activities, DHCD uses funds to partner with community-based non-profits to deliver small business support services in targeted commercial corridors. Small business support improves the overall economic viability of neighborhood commercial corridors by spurring new private investment and increasing business attraction and retention. Subsequently, this activity creates and retains jobs. The effect of this activity also benefits adjacent commercial districts and residential areas.
CHCTDC has been providing Small Business Technical Assistance (SBTA) to businesses since 2009. Our SBTA efforts have been vital in stabilizing commercial nodes, neighborhood retail and overall economic development. CHCTDC (SBTA) team formulates workplans in support of DHCD Community Development Block Grant (CDBG) priority activities which include: i) supporting of business activities that ensure the competitiveness of existing small businesses in target areas or commercial corridors, ii) providing of customized small business technical assistance to entrepreneurs or existing small businesses and iii) assisting of new and existing businesses in targeted commercial corridors pursuing Great Streets funding https://greatstreets.dc.gov/
CHCTDC coordinates with DHCD each year and creates a tailored technical assistance workplan based on the lifecycle or stages (Start, Grow, Expand and Transition) of an operating a small business to the benefit of businesses in low- to- moderate income neighborhoods. CHCTDC SBTA program incorporates all the following services whether through one-on-one training, group sessions or referrals to consultants or other agencies or community partners. The services which are derived from the stages (Start, Grow, Expand and Transition) of business include but is not limited to the following:These stages of business were developed by DHCD which include use of a number of resources from the U.S. Small Business Administration, the Association for Enterprise Opportunity, the Coalition for Non-Profit Housing and Economic Development, Prosperity Now, Aspen Institute, and the Community Action Partnership. CHCTDC SBTA program has since adopted this broad menu of services to better assist our clients with their small business needs. (Click here for additional SBTA services) For Small Business Technical Assistance please Contact Us Here!