Los minoristas de Puerto Rico y la EDB firman un acuerdo para impulsar el acceso al financiamiento
19 de agosto de 2025
Alliance will offer loans, training and guidance to nearly 5,000 members. #NewsismyBusiness
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BDE, Construction Materials Retailers Association renew partnership
3 de abril de 2025
The collaboration is part of the EDB’s strategy to strengthen key sectors of economic development. #NewsismyBusiness
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3 Tropical Inns in Puerto Rico close due to loan portfolio sale, owner says
9 de enero de 2025
Owner Juan López blames the loan portfolio sale to Condado 6 for the closures, citing government corruption and job losses. #NewsismyBusiness
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Puerto Rico EDB, Banco Popular approve $2.6M for La Parrilla Argentina’s expansion
agosto 9, 2024
The collateral support loans under the Boost Your Business program are for construction and equipment financing for the new Bayamón location. #NewsismyBusiness
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EDB and FirstBank close first SSBCI loan
julio 11, 2024
Intervoice Communication of Puerto Rico received the loan under the U.S. Treasury Department’s State Small Business Credit Initiative program. #NewsismyBusiness
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EDB provides $150K in financing for hydroponic farming in Puerto Rico
abril 8, 2024
The Economic Development Bank’s special financing program is helping support advanced farming methods and creating jobs. #NewsismyBusiness
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US Treasury grants $3.9M for Puerto Rico SMEs
marzo 15, 2024
A new technical assistance program through the island’s Economic Development Bank will improve access to financing. #NewsismyBusiness
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Puerto Rico boosts small business financing with federal support
marzo 4, 2024
The island’s Economic Development Bank partners with the U.S. Treasury to expand credit options. #NewsismyBusiness
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Puerto Rico’s Restaurant Assoc., EDB partner to support industry
febrero 7, 2024
A new agreement aims to offer financing of up to $200,000 and resources for restaurateurs. #NewsIsMyBusiness
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EDB, Consulate of Mexico sign collaborative agreement for entrepreneurs
diciembre 1, 2023
The agreement will provide economic development opportunities for Mexican entrepreneurs based in Puerto Rico. #NewsismyBusiness
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EDB analyzes sectors driving economic growth in Puerto Rico
julio 17, 2023
The Economic Development Bank reveals economic data for multiple sectors and increased employment opportunities. #NewsismyBusiness
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EDB assigns $20M to help construction industry obtain federal refunds
abril 12, 2023
‘Impulso a Tu Negocio’ program funds will provide working capital credit lines.
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EDB gets additional $100M in CDBG-DR funds
marzo 10, 2023
A total of 3,264 grants for $145.2 million have been closed to support entrepreneurs on the island.
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14 small businesses in Vega Baja to get $659K in federal grants
diciembre 30, 2021
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 […]
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EDB, CUD partnership generates $1.7M in benefits for SMEs in Camuy
diciembre 7, 2021
The Puerto Rico Economic Development Bank and the United Retailers Association (CUD in Spanish) approved $820,000 in grants to entrepreneurs in the municipality of Camuy and delivered subsidies that amount to $651,670, the bank confirmed. The funding is part of an alliance between the government agency and the private-sector trade group, which “results in direct […]
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