Page 14 - 2019 Impact Report

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INVESTING IN IN IN IN IN INNOVATION:
MADE IN IN IN IN IN D D C KIOSK
2019 Impact Report
In 2019 Wacif extended a a a a a a a a a a a a a a a $50 000 line of of credit to support local entrepreneurs operating Made in tin in in in in D D D D D C C C Popup Collaborative a a a a a a a a a a a a a a a a a a a a strategic initiative launched by DC Department of of Small and and Local Businesses (DSLBD) Metropolitan Washington Airport Authority (MWAA) and and airport concessionaire MarketPlace Development " We’ve curated an amazing local space for travelers
to explore brands made in in D C Wacif’s line of credit is helping these local entrepreneurs grow their businesses " - Rahama Wright Shea Yeleen Owner & Made in D C Kiosk Organizer
The flexible line of credit has supported four kiosk businesses at at a Made in in in in in in in D C C Kiosk which operates in in in in in in in Reagan Washington National Airport Terminal B—Shea Yeleen Yeleen Bailiwick Clothing Bicycle Trash and and and Culture Socks Rahama Wright founder and and and and owner of of of Shea Shea Yeleen Yeleen and and and and graduate of of of the the first cohort of of of Wacif’s Ascend Capital Accelerator leads the the kiosk Made in in in in in D D D D C C C C Kiosk has expanded since its launch in in in in in in in tin in in May 2019 to to include products from 20 20 20 entrepreneurs based in in in in in in in tin in in D D D D D C C C C and and certified through DSLBD’s Made in in in in in tin in in D D D D C C program It is one one of the airport’s highest-selling kiosks generating $20 000 in in in in in tin in in sales in in in in in tin in in its first five weeks alone From left Topaz Terry (Owner (Owner (Owner Bicycle Trash) Brendon Miller (Wacif) Rahama Wright (Owner (Owner (Owner Shea Yeleen) Leigha Hollis (Owner (Owner (Owner Culture Socks) 25 JOBS CREATED & RETAINED
20K
REVENUE IN THE FIRST FIVE WEEKS
$50K
PROVIDED TO ENTREPRENEURS OF COLOR
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