The Disctrict of Columbia's CAPCO Program

The DC Certified Capital Company (CAPCO) Program is a successful effort by the District of Columbia to increase private capital investment for new or expanding small businesses. The CAPCO model, which has been enacted in DC and a number of states, combines private-sector expertise in identifying, evaluating, and financing businesses with the public sector’s interest in a stronger local economy.

DC CAPCO investment funds, which are called “CAPCOs,” are managed by professional venture capitalists, stimulate the creation of high-wage jobs and provide an incentive to retain, expand, and attract a wide range of businesses. Since the start of the DC program in 2003, CAPCOs have exceeded target milestones for deployment of DC CAPCO funds. It is important to distinguish the DC CAPCO Program from a grant program; CAPCOs make investments, not grants, into qualifying businesses. As such, only the most competitive businesses – as determined by the individual CAPCOs – that meet the program’s qualifications are able to receive investment via the DC CAPCO Program.

CAPCO News

District-Based Tech Firm Receives $1.6M Investment from Advantage Capital Partners
Advantage Capital Partners, a leading venture capital and small business finance firm, has invested $1.6 million in agencyQ, Inc., an interactive technology services firm based in Washington, D.C. The funds, raised in connection with the DC CAPCO Program, will enable the company to continue to grow and create additional high-tech jobs in the D.C. area.

Congratulations to the 2011 WDCEP Business Plan Competition Winner Skyline Innovations
Advantage Capital Partners and Enhanced Capital Partners will award Skyline Innovations with a $100,000 investment through the DC CAPCO Program.

EnviRelation Wins the 2010 Business Plan Competition
Advantage Capital Partners and Enhanced Capital Partners provided the $100,000 investment to EnviRelation through the DC CAPCO program.