The US Economic Development Administration is awarding a $16 million grant to Ecoexploratorio, Inc., San Juan, Puerto Rico, to construct a disaster preparedness, recovery education, and training center and ensure continuity of operations during natural disasters. The EDA grant will be matched with $4 million in local investment, said US Secretary of Commerce Gina M. […]
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $12.8 million grant to the Roosevelt Roads Local Redevelopment Authority to build and establish the Marine Business, Research & Innovation Center (MBRIC). The EDA grant, to be matched with $3.2 million in local investment, is expected to create nearly 29,500 jobs and spur […]
The University of Puerto Rico’s (UPR) Center to Foster Innovation and Commercialization, known as I+CARE program, has received $212,828 from the Economic Development Administration’s “Scaling Pandemic Resilience Through Innovation and Technology” (SPRINT) Challenge, the federal agency announced. The UPR will get another $53,281 in local matching funds, the EDA announced. The I+CARE program “will adapt […]
The U.S. Department of Commerce’s Economic Development Administration is awarding a $547,705 CARES Act Recovery Assistance grant to the Autonomous Municipality of Caguas, the federal agency’s Secretary Wilbur Ross announced. The funding will capitalize and administer a Revolving Loan Fund (RLF) that will provide “critical gap financing to small businesses and entrepreneurs adversely affected by […]
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 […]
2017 was a terrible year. Some of the largest hurricanes in U.S. history, along with devastating wildfires in California and elsewhere, provided a clear indicator of the ravages we can expect from the climate crisis. Thousands of Americans lost their homes, their belongings, their livelihoods, even their lives. In response, Congress appropriated $587 million to […]
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration is awarding a $1.2 million grant to Operation Hope Inc., to provide up to 300 technical assistance workshops in Puerto Rico to help small businesses and entrepreneurs “grow and succeed” following Hurricanes Irma and María in 2017. The project, to be located […]
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.6 million grant to the Puerto Rico Trade and Export Company.
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