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Washington, D.C. is increasingly a privatized town, with less than 20% of workers on the government payroll. Many private companies work with government contracts, from research to technology and security. The hospitality and tourism industries are booming, too.
Ultimately, the federal government drives private business growth in Washington, D.C. For example, over 500 printing companies in Washington, D.C., capitalize on the federal government’s expansive need for documents. There are lobbyists, researchers, and organizations headquartered here that focus on providing policy information to representatives. With monuments, museums, and embassies, a host of businesses support the needs of the government and its representatives.
The startup scene in Washington, D.C., is expanding with opportunities that capitalize on the proximity of research and policy organizations (as well as Washington D.C.’s proximity to much of the east coast).
A cohort-based startup incubator with a semester-based program. It offers mentorship to pre-seed founders. While the incubator charges students, its alumni have the skills to acquire over $1.5 billion in funding.
With multiple programs for entrepreneurs of color, 1863 has instruction, but also ongoing mentorship, for new companies. With over $6 million in capital raised in equity investment, its companies are dominating the Beltway.
Community-minded businesses that aim to market to state and local government markets find a unique program in this incubator. They offer startups the chance to pick expert brains, attend demo day, get access to customer research, and court funding.
Its startup studios pair new businesses with lean startup business education and help procuring government grants and making investor pitches. They focus on validating business models and offer invaluable exposure to new markets, like the government and military.
This incubator has helped companies raise $100 million in funding for more than 1250 pre-seed founders. With a global presence, they offer far-reaching networking opportunities and extensive mentoring partnerships.
Data, media, and tech entrepreneurs hoping to advance anti-conflict causes find a unique program in PeaceTech. Alumni include companies working in areas from agriculture supply chain efficiency to predictive AI.
Michael Seibel CEO at Y Combinator
Jason Ovryn Co-founder & COO at Carry