The U.S. Department of Commerce’s Economic Development Administration (EDA) announced it is awarding a $300,000 CARES Act Recovery Assistance grant to the University of Puerto Rico’s Mayagüez campus to boost its capacity to support regional economic development strategies in response to the COVID-19 pandemic. “This investment comes at a crucial time to help Puerto Rico’s […]
Local agricultural biotechnology company, Bayer Crop Science Puerto Rico, through its Bayer Fund Grants program, recently awarded local grant donations to local non-governmental organizations focused on STEM (science, technology, engineering, and mathematics) programs for the second consecutive year. The company awarded a total of $20,000 to the Sor Isolina Ferré Centers (CSIF, in Spanish) and […]
The U.S. Small Business Administration revealed it has guaranteed nearly 2,000 loans for between $150,000 and $10 million through its Payroll Protection Program in Puerto Rico, totaling a little more than $1 billion as of June 30. These loans are added to the nearly 36,000 SBA-backed loans of less than $150,000, which represent another $741.4 […]