Watch out Silicon Valley – Washington, DC is the new high tech hotspot says DigitalDC.co

Driving through DC, I noticed new maroon flags waving from lampposts promoting something called “DigitalDC”. In small print on the flag was a web address. At first I couldn’t tell if I was having trouble reading the domain name, but then I got a good look. Yes, the URL for innovation in DC is digitaldc.co.

Digital DC’s mission, according to the website, is to promote DC as “the leading community in the innovation and high-tech economy”. Announced in March by soon-to-be ousted Mayor Vincent Gray, Digital DC is offering $1 million in funding to tech companies that move into a so-called “tech corridor” in a mostly residential, transitional neighborhood.

The organization has a sharp looking website but hasn’t yet chosen which high-tech companies will receive the “catalytic” government grants.