Over 100 entrepreneurs receive training and economic subsidies to start or expand their businesses through the PODES program.
Work on stabilizing the island’s grid by increasing generational capacity ahead of the upcoming hurricane season continues.
The work is expected to benefit more than 1.4 million residents across 25 towns on the island facing flood risks.
The agency also allocated funds to communities in Alaska, Florida, Illinois, Kentucky, Missouri, and Oklahoma.
The information provided will be reviewed by an investigative specialist to determine the course of action to take.
The agency has approved more than 3,400 disaster relief loans to small businesses, homeowners, renters, and nonprofits in Puerto Rico.
The agency runs several programs that provide assistance to entrepreneurial projects in Puerto Rico.
The most recent statistic remained steady when compared to December 2022, the agency stated.
A total of 3,264 grants for $145.2 million have been closed to support entrepreneurs on the island.
To date, FEMA has obligated over $29 billion under its Public Assistance program to help Puerto Rico recover from Hurricane María.
An additional $31.7 million has been advanced to continue restoring Puerto Rico’s electric system.
A request for qualifications has been issued to private companies, given that the island is currently expected to experience outages that could total nearly nine days a year.
The agency partnered with PRiMEX to benefit small and medium-sized companies.
“San Juan Va Por Ti” program is already providing support for 3,000 patients during power outages.
The project is expected to be completed in spring 2024, Caribbean Air and Marine Branch Director Augusto Reyes said.
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