Mayor Bowser Announces $5 Million in Funding to Accelerate Startups and Grow the District’s Tech Economy, Releases State of DC Tech Report

Mayor Bowser Announces $5 Million in Funding to Accelerate Startups and Grow the District’s Tech Economy, Releases State of DC Tech Report Monday, Oct 19, 2026 tonyea.tharpe Mon, 10/19/2026 - 1:03pm Awards and investments will support 112 startups, launch five life sciences companies, and establish six accelerator cohorts (Washington, DC) – Today, at an event celebrating the 11th annual DC Startup and Tech Week, Mayor Muriel Bowser announced more than $5 million in funds to grow the District’s technology economy and accelerate DC startups. The awards and investments will support six new startup accelerator cohorts and launch five new companies. “To grow our economy, we must invest in the people and businesses creating good-paying jobs for DC residents,” said Mayor Bowser. “Through our economic Growth Agenda, we committed to diversifying our economy, expanding access to capital, and strengthening industries where DC has a competitive advantage. Investing in DC’s startup and technology ecosystem will help turn great ideas into successful businesses, attract private investment, and create more opportunities for DC residents.” Established in 2026 as part of Mayor Bowser’s Growth Agenda

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