Agency Overview Department of Small and Local Business Development Agency Mission The Department of Small and Local Business Development (DSLBD) supports the development, economic growth, and retention of District-based businesses, and promotes economic development throughout the District’s commercial districts. 2 Agency Vision OUR VISION DSLBD envisions a business environment in which: 1) DC businesses are connected in real-time with local, federal, and global business opportunities; 2) Small businesses can navigate government quickly, confidently, and effectively; and, 3) Every entrepreneur and small business with a great idea and a great plan has the capital to make it happen. 3 PROGRAMMATIC STRUCTURE DSLBD Small Business Development Programs ConnecTech PTAC ExportDC Partners CBE Specific Programs Certification Retail 4 Compliance Opportunities BUSINESS & INDUSTRY DEVELOPMENT Small Business Development Programs Access to Capital Programs Procurement Technical Assistance Retail Business Development 5 Technology & Innovation Development Trade and Export Promotion FastTracDC FastTrac® DC FastTrac DC is an innovative partnership between DSLBD and Kauffman FastTrac designed to help DC-based entrepreneurs develop the skills and networks needed to create, manage, and grow successful businesses. The Curriculum Three FastTrac training programs are available through FastTrac DC: NewVenture - designed specifically for the early stages of business development, GrowthVenture provides the tools and support to carefully review and evaluate important aspects of an existing business; and TechVenture - provides the technology entrepreneur with the skills to start, operate, fund, and grow a technology or life-sciences business. Partners: • DC Women's Business Center • Washington Area Community Investment Fund (WACIF) • Anacostia Economic Development Corporation (AEDC) • DC Chamber of Commerce Foundation 6 Get Your Business Online Get Your Business Online The Get Your Business Online program is partnership with global technology company Google, Inc. and is designed to increase the web presence of DC’s local companies to support their growth and development. Free Website for One Year Small businesses can pick from hundreds of professionally designed templates and customize to begin building their free website. To help small businesses get off to right start, free online chat support is available for the first 30 days. Better Reach, More Profit for D.C. Small Businesses Small Businesses will receive • Business listing on Google • Customized domain name • Free hosting for an entire year 7 Johannesburg Local Business Development Retail Business Development Programs – Streetscape Loan Relief Fund – – DC Main Streets – – Business Improvement Districts – – Storefront Improvement Programs (SIPs) – – Clean Team Services – – Small Business Assistance Services – 8 DC Main Streets 2003 2004 2005 2006 2007 2008 2009 2010 14 & U Main Street Initiative (2002) 14th Street Heights (200) Adams Morgan Main Street Main Street Anacostia Barracks Row Main Street (2002) Historic Brookland Main Street Congress Heights Main Street (2008) Deanwood Heights Main Streets, Inc. (2008) Historic Dupont Circle Main Street (2003) Gateway Georgia Avenue Main Street H Street Main Street (2003) Mount Pleasant Main Street North Capitol Main Street (2002 & 2008) Shaw Main Streets (2002) * Note: Data provided by the National Trust for Historic Preservation. Does not include Vinegar Hill South Main Street, which was funded but did not achieve accreditation by the Historic Trust. 9 2011 Business Improvement Districts Business Improvement Districts (BIDs) are commercial areas of the District that collect a "self tax" from property owners to provide services and programs to the entire BID. These programs address cleanliness, maintenance, safety, promotion, economic development, and other collective business issues in their coverage areas. 8 BIDs throughout the District (1 planned BID in Anacostia) Covered 280+ blockfaces with services Spend over $22 million improving the city Collected 5,000+ tons of garbage annually Planted 300 new trees 83 million square feet of office with an additional 22 million planned 10 Johannesburg Local Business Development PROCUREMENT TECHNICAL ASSISTANCE – Procurement Technical Assistance Center– – “HUBDC”– – Bid Matching Services– 11 DC Procurement Technical Assistance Center (PTAC) Re-Launched in 2013. Grant partnership with the US. Department of Defense. The District of Columbia Procurement Technical Assistance Center (DC-PTAC) provides eligible entities with specialized and professional technical assistance to individuals and businesses seeking contracting and subcontracting opportunities with the Department of Defense, other federal agencies, and/or state and local governments. PTACs are the bridge between buyer and supplier, bringing to bear their knowledge of both government contracting and the capabilities of contractors to maximize fast, reliable service to our government with better quality and at lower costs. 12 Johannesburg Local Business Development CONNECTECH – Technology and Innovation – – Small Business Research and Innovation Program– – Small Business Technology Transfer Program– 13 ConnecTech Launched in 2013 at Bioscan company in Ward 3. Grant partnership with the US. Small Business Administration ConnecTech is designed to assist small, Districtbased technology firms with connecting to technology opportunities. The signature initiative of ConnecTech is an effort, funded in partnership with the US Small Business Administration (SBA) to assist small businesses with completing for federal commercialization opportunities through the Small Business Innovation and Research (SBIR) and Small Business Technology Transfer (STTR) programs. The District ranks in the bottom 3rd among state jurisdictions in the number and dollar amount of received SBIR/STTR awards. ConnecTech aims to bring these tech opportunities to the District. ConnecTech is intended for small, District-based technology companies. 14 SMALL BUSINESS TRADE & EXPORT PROMOTION Agency March 6,Overview 2013 15 Trade & Export Promotion In February 2012, DSLBD launched ExportDC, the city’s first major export development and trade promotion program for D.C. small businesses. The program’s specific outcomes include increasing the number of DC businesses that do business overseas, and opening a number of new markets for DC businesses. Canada Washington, D.C. China Singapore South Africa 16 CERTIFIED BUSINESS ENTERPRISE (CBE) PROGRAM Agency March 6,Overview 2013 17 Businesses may be certified in any of the following categories; however, only a maximum of 12 points that can be applied toward any contract award. In evaluating requests for bids (RFB), contracting personnel apply a percentage reduction in price according to CBE designation. In evaluating requests for proposals (RFP), contracting personnel apply points to proposal evaluations according to CBE designation. DSLBD also certifies joint ventures, and vendors in the CBE Certification Program. Certification Categories Preference # of CBEs % of CBEs by Category (as of 8/15/2012) (as of 8/15/2012) 2 or 2% 1101 100% Small Business Enterprise (SBE) 3 or 3% 1042 95% Disadvantaged Business Enterprise (DBE) 2 or 2% 596 54% Resident Owned Business (ROB) 5 or 5% 548 50% Development Zone Enterprise (DZE) 2 or 2% 632 57% Longtime Resident Business (LRB) 5 or 10% 83 8% Veteran Owned Business (VOB) 2 or 0% 40 4% Local Manufacturing Business (LMB) 2 or 0% 1 0% Local Business Enterprise (LBE) 18 CBE Demographics PERCENT OF CERTIFIED BUSINESS ENTERPRISES BY WARD* The Business Certification Division evaluates businesses headquartered in the District to determine eligibility to Ward 4 12% become a Certified Business Enterprise (CBE). Ward 3 7% The DC Government directs spending Ward 1 6% to CBEs, which in turn, supports and contributes to job creation and the city BY QUADRANT* tax base, strengthening the local 15% economy. Ward 2 31% 2% Ward 5 17% Ward 6 11% Ward 7 7% 23% The CBE Program provides contracting preference for local 61% Ward 8 9% businesses so they can better compete in contract and procurement NE NW SE opportunities with DC Government. 19 SW * As of 8/15/2012 Local Business Definition Principal office physically located in the District; Chief executive officer and highest level managerial employees maintain their offices and perform their managerial functions in the District; Meets one of the four following standards: • More than 50% of the assets, excluding bank accounts, are located in the District; • More than 50% of the employees are residents of the District; • The owners of more than 50% of the business enterprise are residents of the District; or • More than 50% of the total sales or other revenues are derived from transactions in the District Is properly licensed under DC law; and Is subject to tax under DC law (Chapter 18 of Title 47) Site visits are conducted within the Washington Metropolitan area to verify that the firm meets the local business enterprise definition. 20 Business Certification Process Step 1: PreCertification Orientation Step 2: Application Submission Step 5: DSLBD Determination Step 4: Site Visit (if applicable) Step 3: DSLBD Analyst Review 21 21 Compliance and Enforcement ONLINE COMPLIANCE DATABASE DIRECT ACCESS Accessible to Government Agencies, Private Contractors, and CBEs PERFORMANCE Allows DSLBD to proactively monitor and report CBE compliance performance COLLABORATION Enhances collaboration between all CBE program stakeholders 22 22 CBE Business Development District Agencies had an FY12 CBE spending goals of $240 million. Compliance data has a direct correlation to DSLBD capacity building and business development programming . CBEs By 3-Year Average Revenue (FY2012) $1 million and above 450 400 350 The FY12 average revenue of a CSBE is $1.9 million. 300 $100k - $500k $15k and below 228 252 250 # CBEs 200 The range of revenue for CBEs is from $0-500 million 150 100 50 95 percent of CBEs certified as “small” 385 $500k - $1 million $15k - $50k $50k - $100k 109 60 67 0 -5% -50 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% % CBE Total 23 23 Questions & Answers 24