(Washington, DC) - On Tuesday, May 30, at 12 pm, Mayor Muriel Bowser will launch Ascend 2020 DC, an initiative that will support the growth of minority-, women-, and veteran-owned small businesses in underserved neighborhoods across Washington, DC.

A collaborative effort between the Bowser Administration and Project 500, JP Morgan Chase & Co., the Washington Area Community Investment Fund, the Latino Economic Development Center, and the Georgetown University McDonough School of Business, Ascend 2020 DC will provide entrepreneurs with the training and capital they need to scale regionally and nationally.

Since taking office in 2015, Mayor Bowser has committed to making DC a global model for inclusive prosperity by investing in and growing small businesses. In addition to Ascend 2020 DC, the Mayor will also announce a $500,000 investment in the District’s microloan fund.

WHEN:

Tuesday, May 30, at 12 pm

WHO:

Mayor Muriel Bowser

Courtney Snowden, Deputy Mayor, Greater Economic Opportunity

Janis Bowdler, Head of Community Development for Global Philanthropy, JP Morgan Chase & Co.

Ted Archer, Vice President of Small Business Programs, JP Morgan Chase & Co.

Melissa Bradley, Director, Project 500

WHERE:

Google DC

25 Massachusetts Avenue, NW (Suite 900)

*Closest Metro: Dupont Circle Metro Station*

Press interested in attending the event are asked to RSVP to [email protected]. To view the event online, visit mayor.dc.gov/live or tune in on Channel 16 (DCN).