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The Washington Area Community Investment Fund (Wacif) advances equity and opportunity in the Washington, D.C. area’s underserved communities by providing financial capital, business advisory services, and strategic networking support to underinvested entrepreneurs. Since its inception in 1987, Wacif has deployed more than $50 million in capital, served more than 3,500 entrepreneurs with business advisory services, and helped create or retain more than 20,000 local jobs. To learn more about Wacif’s work, visit www.wacif.org.
Overview
Location
United States, District of Columbia, Washington
Employees
11-50
Phone
+1 202-529-5505
Total raised
$1M
Founded date
1987
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 2
| Date | Title | Description |
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| Jun 4, 2020 | Morning Consult launched a fund to help damaged small businesses in DC | Morning Consult is partnering with the Washington Area Community Investment Fund (Wacif) to raise $1 million for their Small Business Resilience Fund. Though many peaceful protests have taken place this past week in the region, some areas a... |
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FAQ about Wacif
When was Wacif founded?
Wacif was founded in 1987.
How much funding has Wacif raised?
Wacif has raised $1M in total across 1 funding round.
What has the press written about Wacif?
Parsers VC has collected 2 articles mentioning Wacif, among them “Morning Consult launched a fund to help damaged small businesses in DC” (Jun 4, 2020).
Is Wacif still active?
Yes, Wacif is active; its latest activity on Parsers VC dates from Jan 18, 2022.