News from Mayor Bowser, March 13

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March 13, 2015  |  Volume 1, Issue 8

Friends, 

Silicon Valley has become the epicenter of technology innovation. Ideas are turned into blueprints and then into new products and services. It is the home of Google, Apple, Facebook and Intel and, though it may be hard to imagine, they too were once startup companies. 

As the technology ecosystem continues to grow, entrepreneurs are looking for opportunities outside of Silicon Valley and are turning to Washington, D.C. The nation’s capital boasts thriving communities, a highly skilled workforce and the infrastructure to be become the Silicon Valley of the East Coast. 

This week, I announced a partnership with Howard University to create the District’s first venture capital hub for start-ups and emerging companies. Initiatives like this will help grow the economy and put Washingtonians on a pathway to the middle class. This partnership allows the District to leverage Howard’s resources for venture capital firms to support medium to late-stage technology and innovation startups. 

I traveled to Austin, Texas, to attend South by Southwest, a major creative economy conference. I met with national tech leaders to promote economic opportunities that will create jobs right here in the District.

It should happen, it can happen and under my administration, it will happen.  

Sincerely,

Mayor Bowser

  

P.S.  Later this month, I will deliver my first State of the District Address. Mark your calendar.  RSVP here for your ticket today.