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 […]
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