The US Department of Agriculture announced it is accepting applications for loans to support economic development and create jobs for people in rural areas, under the Intermediary Relending Program. The initiative provides a low-interest loan to local lenders or “intermediaries” that re-lend the funds to businesses to improve economic conditions and create jobs in rural […]
Fourteen small businesses in the town of Vega Baja will receive grants of up to $50,000 each for a total of $659,112, town Mayor Marcos Cruz-Molina announced. The funding comes following an alliance between the municipality, the Puerto Rico Economic Development Bank, and the Community Socio-Economic Institute (INSEC, in Spanish). The first entrepreneurs who each […]
Looki g to strengthen their business models, FirstBank together with INprende graduated 123 entrepreneurs from the third edition of the 1Éxito program. The students participated in five free virtual training sessions on topics related to business development. In addition, for completing the 1Éxito program, they received certificates to open a commercial account at FirstBank without […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
