- Sean Breen, Founder and CEO of agencyQ
Earlier this week, leading venture capital and small business finance firm Advantage Capital Partners announced that it has invested $1.6 million in agencyQ in connection with the District’s Certified Capital Company (CAPCO) Program. These funds will allow the agency to expand and generate additional high-tech jobs in the Washington D.C. area.
“I am extremely pleased to see Advantage Capital fostering local tech entrepreneurs through the D.C. CAPCO program funding,” said Mayor Vincent C. Gray. “This administration has placed a priority on small business expansion and job creation, which are essential to the vitality of the District.”
The Washington D.C. CAPCO program supports the flow of investment capital to promising small businesses located in the D.C. area. As a result, these businesses develop innovative technologies and services, create jobs and increase economic activity. CAPCOs have invested more than $28 million, enabling the creation and retention of 657 jobs to date in the D.C. region.
agencyQ is an interactive technology services firm founded in 1999 and is a leading developer of websites and online marketing strategies for a wide range of clients including blue-chip businesses. With a combination of design, marketing and technology expertise, agencyQ aids local small businesses and non-profits by achieving its clients online goals and businesses initiatives.
“We were seeking growth capital from conventional lenders when we were introduced to Advantage Capital,” said Sean Breen, founder and CEO of agencyQ. “The flexible financing they were able to offer will enable agencyQ to continue to provide our clients with exceptional solutions.”