Deputy Mayor for Planning and Economic Development Technology Incubator Grant Temporary Act of 2024

This bill authorizes the Deputy Mayor for Planning and Economic Development to provide temporary grant funding to Capital Factory, a technology incubator located in the District of Columbia. The legislation allocates $500,000 for Fiscal Year 2024 and an additional $1,500,000 for Fiscal Year 2025 to support the incubator's operations. The funding is established as a temporary measure that will automatically expire 225 days after the act takes effect.