D.C. Mayor Vincent Gray’s administration plans to establish a new fund to aid tech startups and designate a stretch of Northwest D.C. as a “technology corridor” under its Digital DC initiative, according to an email obtained by the Washington Business Journal.
Digital DC — known until this week as Digital District — is the latest in a series of efforts by Gray to elevate the city’s status as a startup hub. It appears to mirror fairly closely some of the recommendations on Gray’s five-year economic development roadmap.
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