For the third year, the U.S. Small Business Administration is launching an Accelerator Growth Fund competition for accelerators and other entrepreneurial ecosystem models to compete for prizes of $50,000 each, totaling $3.95 million.
Grupo Guayacán Inc. (GGI) announced Monday it has opened the applications process for SPRINGBOARD, the organization’s newest program, which is sponsored by the Small Business Administration’s Growth Accelerator Fund Prize, and will be delivered in partnership with the Angel Resource Institute (ARI).
The U.S. Small Business Administration approved 335 loans for $43.8 million in Puerto Rico and the U.S. Virgin Islands during the first six months of fiscal year 2016, a 19 percent and six percent increase, respectively, over approvals during the same period in 2015, the agency said Wednesday.