Dealflow | July 16, 2019

Opportunity Zone Justice accelerates returning citizen entrepreneurs in Washington D.C.

Dennis Price
ImpactAlpha Editor

Dennis Price

ImpactAlpha, July 15 – Consulting firm 20 Degrees, which helps nonprofits and social enterprises diversify revenues, is helping stock D.C.’s Opportunity Zone investment pipeline with operating business founded and led by entrepreneurs who were previously incarcerated.

The first cohort includes Will Avila of Clean Decisions, a janitorial and labor company, Marcus Bullock of Flikshop, which helps families connect with loved ones during incarceration, Maurice Dixon of southern hospitality Reese’s Catering and Lorenzo Stewart of VOW Transportation, which specializes in transportation for children with special needs.

The District of Columbia’s Department of Small and Local Business Development provided funding.