Statement on D.C. BizCAP Loan Participation Program

    Councilmember Kenyan R. McDuffie, Chair of the D.C. Council Committee on Business and Economic Development, has released the following statement on the D.C. BizCAP Loan Participation Program:   "I recognize that our small and local businesses are the foundation of our growing city and play a crucial part in providing jobs for our residents. We cannot afford to have our government fail our citizens and local businesses. Connecting small and local businesses, particularly our Certified Business Enterprises (CBEs), to access to capital is one of my top priorities. While today’s article in the Washington Business Journal is deeply troubling, I remain committed to working with the Department of Insurance, Securities and Banking (DISB) to increase access to capital for our businesses. As Chair of the Committee on Business…
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