Puerto Rico retailers, EDB sign agreement to boost financing access
August 19, 2025
Alliance will offer loans, training and guidance to nearly 5,000 members. #NewsismyBusiness
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Magnolias Café to open in Carolina, creating 6 new jobs
June 23, 2025
Startup by two local women backed by Business Center, EDB loan. #NewsismyBusiness
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Puerto Rico’s Economic Development Bank streamlines lending efforts
June 20, 2025
Agency cuts loan processing time, expands strategic agreements and services. #NewsismyBusiness
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Economic Development Bank backs expanding consumer lending powers
June 18, 2025
BDE president defends proposal as bankers warn it risks straying from mission. #NewsismyBusiness
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DDEC outlines results of 1st 100 days, focusing on reshoring, creating jobs
April 9, 2025
The government’s entire economic development component has been working on a reshoring strategy to attract manufacturing back to U.S. soil. #NewsismyBusiness
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BDE, Construction Materials Retailers Association renew partnership
April 3, 2025
The collaboration is part of the EDB’s strategy to strengthen key sectors of economic development. #NewsismyBusiness
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Puerto Rico EDB announces $3.9M in free advisory services for SMEs
November 15, 2024
Four firms will provide legal, accounting and financial services to help small businesses access financing. #NewsismyBusiness
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BDE reports 15.2% Y-O-Y jump in cement sales across Puerto Rico
November 11, 2024
However, monthly sales have remained at an average of nearly 1.2 million bags. #NewsismyBusiness
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Puerto Rico EDB secures $30M from US Treasury for new venture capital program
August 2, 2024
The funding will support emerging and expanding companies in partnership with the Science, Technology and Research Trust. #NewsismyBusiness
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Puerto Rico Economic Development Bank, Caguas host event to support SMEs
June 26, 2024
Regional Entrepreneurs Gathering offers resources and financing options. #NewsismyBusiness
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EDB disburses $233M in grants that have generated 50K jobs in Puerto Rico
May 23, 2024
Under the current administration, $221 million has been disbursed. #NewsismyBusiness
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Gov’t announces return of Mercado Urbano to 4 towns
April 23, 2024
The event will make stops in Guaynabo, San Germán, Aguadilla and San Juan this year. #NewsismyBusiness
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EDB provides $150K in financing for hydroponic farming in Puerto Rico
April 8, 2024
The Economic Development Bank’s special financing program is helping support advanced farming methods and creating jobs. #NewsismyBusiness
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EDB, Orlando CofC join forces to attract entrepreneurs to Puerto Rico
March 28, 2024
Through the partnership, the EDB will also provide financial alternatives to small and medium-sized entrepreneurs who wish to expand their businesses on the island. #NewsismyBusiness
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US Dept. of Commece grants $183K to promote Puerto Rico’s rural businesses
March 11, 2024
The program will offer services including access to capital, training, and identification of opportunities. #NewsismyBusiness
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