Bill > B26-0470

This bill establishes two new grant programs administered by the Deputy Mayor for Planning and Economic Development (DMPED) to support technology research and innovation in Washington, DC. The Commercialization Lab Grant Program will provide up to $2 million in competitive grants to collaborative groups representing at least two sectors such as accelerators, non-profits, hospitals, and educational institutions, with the goal of developing research and innovation facilities in targeted technology sectors like artificial intelligence, cybersecurity, and life sciences. The University Proof to Product Research Grant Program will offer tiered grants (ranging from $100,000 to $300,000) to university researchers developing early-stage technologies, with increasing grant amounts tied to more advanced stages of research and commercialization, such as proof-of-concept studies, prototype development, and startup formation. Additionally, the bill requires DMPED to convene a working group to develop a comprehensive marketing strategy to promote DC as a technology hub, including creating a distinct brand identity and developing promotional materials that showcase local technology success stories and ecosystem resources. The grant programs prioritize cross-sector collaboration, private sector engagement, and supporting researchers and entrepreneurs from underrepresented backgrounds.

Business and Industry, Health and Social Services

https://lims.dccouncil.gov/Legislation/B26-0470