Racial Equity & Economic Prosperity for Entrepreneurs of Color image

Racial Equity & Economic Prosperity for Entrepreneurs of Color

Access to Capital creates healthy and wealthy communities of color in the Washington D.C. region.

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Stand with underserved entrepreneurs and build wealth in communities that need it most

We are excited to announce Wacif's Giving Tuesday campaign, part of the largest global giving day of the year, on November 29! Join us in our mission to increase equity, opportunity, and support for entrepreneurs like Shirley Boubert-Rumble.

Shirley is the CEO of Usource Construction, a full-service real estate development and construction company with more than 20 years of experience. Inspired by her bricklayer father, she earned her degree in architectural engineering. Shirley's commitment, passion, and growth are remarkable, particularly as a successful woman of color in a male-dominated industry. Since 2018, Wacif has provided Shirley with an equipment loan, funding to procure a work truck, and a line of credit for working capital expenses to help grow her business.

To help us support underserved entrepreneurs in the Washington, D.C. region, we're calling on you to contribute to our community this Giving Tuesday. Our goal for November 29 is to raise $20,000, and we've received a $10,000 matching donor pledge to help reach our goal.

The Washington Area Community Investment Fund's (Wacif) mission is to increase equity and opportunity in the Washington, DC area's underserved communities by investing financial, knowledge, and social capital in low- and moderate-income entrepreneurs. For 35 years, Wacif has served underresourced communities with a focus on minority- and women-owned businesses across the Washington, DC metropolitan region.

Wacif is proud to have achieved the following in recent years:

  • In 2021, entrepreneurs of color made up 81% of Wacif’s clientele, a majority of whom are female entrepreneurs.
  • In 2020 and 2021, Wacif deployed over $22M in financial relief to underserved entrepreneurs, creating and retaining over 25,000 regional jobs.
  • In 2021, Wacif launched three new centers: the DMV Enterprising Women of Color Center (EWOC), the Greater Washington Small Business Resilience Center (GWSBRC), and the Greater Washington Center for Employee Ownership (GWCEO).
  • Since 2020, Wacif has served over 2,000 small business owners with resilience and recovery focused financial and technical assistance

To help entrepreneurs remain resilient and recover in the face of COVID-19, Wacif rapidly designed and deployed comprehensive relief for entrepreneurs, rolling out grantmaking, flexible lending products, and tailored advisory services.

Today, we are asking you to stand with us: your support will help underinvested entrepreneurs access the financial capital, advisory services, and signature programs they need to grow neighborhood businesses, create jobs, and build community wealth.

As a 501(c)3 nonprofit organization, your voluntary contribution to Wacif is tax-deductible to the fullest extent allowable by law. If you are looking for other ways to support our mission, please consider becoming a Wacif investor or shop at Amazon Smile and make us your preferred charity.