What is ARCH Development?
ARCH Development Corporation (ADC) is a twenty-one-year-old 501(c)(3) non-profit organization dedicated to fostering the creative economy within the Anacostia community of Washington, DC. The organization champions the belief that arts and creative economic practices are pivotal tools for comprehensive community revitalization. By providing a home for artists, arts organizations, and cultural entities, ADC aims to drive sustainable economic development and enhance the vibrancy of the Anacostia area.
How much funding has ARCH Development raised?
ARCH Development has raised a total of $72K across 1 funding round:
Debt
$72K
Debt (2021): $72K with participation from PPP
Key Investors in ARCH Development
PPP
Public-Private Partnership
What's next for ARCH Development?
With significant backing at what appears to be a Series B/C stage, ARCH Development is poised for accelerated growth and impact. The recent substantial expansion capital suggests a strategic focus on scaling its initiatives, potentially through new program development, expanded outreach, or enhanced infrastructure to support the creative sector. This investment will likely enable ADC to deepen its revitalization efforts in Anacostia, solidifying its role as a key driver of economic and cultural progress in the community.
See full ARCH Development company page
