the Notebook -- Washington DC Economic Partnership
Datebar - 15th edition
the Scene
the Buzz
Stephany Greene
Q&A with Stephany Greene
the Latest
the Latest
the 411 on 202
the 411 on 202
the Pulse
the Pulse
Help DC better understand its small business environment - DC Business Owners click here:  Fill Out Survey
2009 BusinessPremier SBA Winners Announced
Small Business Awards
The Washington, DC Economic Partnership & the Government of the District of Columbia, Office of the Deputy Mayor of Planning and Economic Development are pleased to announce the recipients of the 2009 BusinessPremier Small Business Awards. Click for Awardees...
Also In This Issue:
WDCEP Announces the 1st annual PremierPlan Business Plan Competition Finalists
WDCEP Unveils "Hands on DC"
DC Business Owners: Take Our Survey
WDCEP Is on Facebook!
Interested in Learning About Federal Funding Opportunities?
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WDCEP Announces the 1st annual PremierPlan Business Plan Competition Finalists
The Washington, DC Economic Partnership is pleased to announce the five finalists who are one step closer to winning a $100,000 investment, in the PremierPlan Business Plan Competition. This is the first annual business plan competition on behalf of the District, the goal of which is to encourage entrepreneurship, innovation, and job creation within the District of Columbia.  The initiative, administered by the Washington, DC Economic Partnership's BusinessPremier program, is funded by participants in the District of Columbia CAPCO Program and is held in collaboration with the DC Coalition for Capital. Click for Finalists...
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WDCEP Unveils "Hands on DC"
 Hands on DC
The WDCEP partnered with DC GIS (a program within OCTO) to incorporate its retail site information into a Microsoft Surface and unveiled the "Hands on DC" application at ICSC's RECon Global Retail Real Estate Convention this past May. The interactive table and "Hands on DC" tool allowed visitors to find retail opportunities in DC by using their fingers (similar to iPhone gestures) to navigate DC and select specific sites to display images, floor plans and detailed information such as available square feet, contacts and delivery date. READ MORE...
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DC Business Owners: Take Our Survey
The The Washington DC Economic Partnership, the Department of Small and Local Business Development, and Social Compact are conducting a 20-minute on-line business environment survey in the District in an effort to gain a clearer understanding of the issues and burdens that DC businesses encounter and to gain a better sense of what services are most needed. The input from your business is essential, and we appreciate your time and contribution. Please note that you are able to save responses and go back to them at any time without having to start over again. TAKE SURVEY .
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WDCEP Is on Facebook!
Find us on FacebookBecome a fan of WDCEP on Facebook!  Stay up-to-date on WDCEP activities, view photos of our recent events, and read recent news from the organization.  Help us grow our online community by becoming a fan today!
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Interested in Learning About Federal Funding Opportunities?
The Technology Innovation Program (TIP) and the Manufacturing Extension Partnership (MEP) officials will hold a meeting on June 24 from 9:00 a.m.-12:00 p.m., at the Willard Intercontinental Washington, 1401 Pennsylvania Ave NW, Washington, DC 2004. TIP and MEP are two of the most market-driven programs operated by the federal government. Both programs have launched new investments and innovative services in the last year. The meeting will give you a chance to learn about:  READ MORE...
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The Buzz with Stephany Greene
Stephany Greene
Stephany Greene is the Founder of the Fashion Merchandising Program at the University of the District of Columbia. The fashion program will launch after official university approval is granted. It is currently going through the final approval stages, and is expected to commence in the fall of 2009.


Andi Joseph: Tell us about the Fashion Merchandising Program at UDC

Stephany Greene:
Washington DC is experiencing a wonderful renaissance. Our fashion retail industry is absolutely exploding with gorgeous couture stores and talented local designers. The University of the District of Columbia is also experiencing an exciting renaissance, and it's determined to change with the times by modernizing its course offerings to support talented Washingtonians by giving them an opportunity to enter our burgeoning fashion retail market by earning a degree in Fashion Merchandising in the new Community College. By majoring in Fashion Merchandising at UDC, students can get a degree in fashion, become gainfully employed in their hometown's fashion industry and get one of the most affordable fashion degrees in the country without having to leave their hometown. The opportunity for students to enroll is expected by the fall of 2009 (after official university approval is granted).

AJ: What is the history of the Fashion Program and how it came to be?

SG: About two and a half years ago, I contacted the president of UDC to inquire about whether the University could allow me to develop a fashion program for UDC. With the president's support, I started developing the program by collaborating with Dr. Les Vermillion, Dr. Sandra Yates and Dean Charlie E. Mahone, Jr. in the School of Business and Public Administration. Since then The Tommy Hilfiger foundation and the Office of the Deputy Mayor for Planning and Economic Development have awarded generous grants, which have enabled the program to get to this point. To support UDC President Allen Sessoms' vision to open UDC's new Community College by the fall of 2009, the CEO, Dr. Hervey, decided that launching an Associates Degree in Fashion Merchandising at the same time would be a perfect fit. Once the program passes UDC's final approval stages, students will be able to enroll, hopefully as soon as this fall.

AJ: What is the future you predict for it?

SG: The Fashion Merchandising Program at UDC is expected to launch in the new Community College as a two-year Associate Degree in the fall of 2009. UDC is also expected to offer a four-year Bachelor Degree in Fashion Merchandising within the next year or two. Eventually, there should be plans to start a Fashion Design degree as well. Without a marketing or media campaign, over 300 students signed a petition for support that demonstrates the high demand for this degree. Once the word gets out that you can get an affordable degree in fashion at UDC, student demand is expected to be overwhelming.

AJ: What are the major opportunities/challenges faced?

SG: Opportunities are unlimited for this venture. UDC's Fashion Merchandising students will have the chance to practice their profession by interning at small boutiques and major department stores. Their education will train them to give back to the District's economy while entering the job market to launch lucrative careers that will ultimately steer our fashion retail economy toward a tremendously prosperous future. Current challenges are the fact that funding is still needed for the program to survive. If it is not properly funded, it simply cannot succeed, let alone open by this fall. Future challenges are rather limited, because the program's future is so incredibly promising for Washingtonians, UDC and Washington DC's economy.

AJ: Is there anything else you'd like to share?

SG: The Fashion Merchandising program has produced a new television show called Fashionably DC, which is expected to air on UDC TV 98 within the next month or so. For an example of how UDC is moving forward with a vibrant new image, watch Fashionably DC to learn about the politics of fashion, capitol style and the business of fashion in the nation's capitol.

To find out more about the University of the District of Columbia's Fashion Merchandising Program please contact: Stephany Greene at spgreene@udc.edu or 202-274-5000.

Andi Joseph is manager of research and communications at WDCEP.
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411 on 202
D.C. Economic Indicators*
 
Labor & Industry
-Jobs in D.C. for March 2009, up 4,800 (0.7%) from March 2008
-District resident employment for March 2009, down 16,900 (-5.4%) from Mar. 2008
 
Housing & Office Space
-There were 248 condos sold in March 2009, up 11.2% from 1 year ago
-The year to date median price declined 30.8% from 1 year ago for single family homes, while condos experienced an increase of 1.5% in the year to date median price
-In the 1st quarter of 2009 vacant commercial office space increased by 1.3 million square feet over that of the 4th quarter of 2008
 
People & Economy
-D.C. unemployment rate for March.: 9.8%, down 0.1% from last month & 3.6% higher than 1 year ago
-The share of filers with income less than $30,000 declined by 3.5% between 2006 and 2007, while the share of filers with income $500,000 and over increased by 6.7%
 
Cash Collections
-FY 2009 (Oct. - Mar.) Individual income tax collections down 9.1% from 1 year ago
-FY 2009 (Oct. - Mar.) All deed tax collections down 51.4% from 1 year ago
-FY 2009 (Oct. - Mar.) Total collections before earmarking down 9.4% from 1 year ago
 
*Source: D.C. Economic Indicators publication
, May 2009, District of Columbia Government
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