The collaboration is part of the EDB’s strategy to strengthen key sectors of economic development. #NewsismyBusiness
Owner Juan López blames the loan portfolio sale to Condado 6 for the closures, citing government corruption and job losses. #NewsismyBusiness
The collateral support loans under the Boost Your Business program are for construction and equipment financing for the new Bayamón location. #NewsismyBusiness
Intervoice Communication of Puerto Rico received the loan under the U.S. Treasury Department’s State Small Business Credit Initiative program. #NewsismyBusiness
The Economic Development Bank’s special financing program is helping support advanced farming methods and creating jobs. #NewsismyBusiness
A new technical assistance program through the island’s Economic Development Bank will improve access to financing. #NewsismyBusiness
The island’s Economic Development Bank partners with the U.S. Treasury to expand credit options. #NewsismyBusiness
A new agreement aims to offer financing of up to $200,000 and resources for restaurateurs. #NewsIsMyBusiness
The agreement will provide economic development opportunities for Mexican entrepreneurs based in Puerto Rico. #NewsismyBusiness
The Economic Development Bank reveals economic data for multiple sectors and increased employment opportunities. #NewsismyBusiness
‘Impulso a Tu Negocio’ program funds will provide working capital credit lines.
A total of 3,264 grants for $145.2 million have been closed to support entrepreneurs on the island.
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 […]
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 […]
The Puerto Rico Economic Development Bank’s Economic Activity Index reflected a year-on-year increase of 3.3% for last August, which represents the sixth increase after 12 consecutive reductions, the agency confirmed. Compared to July, the same indicator reflected a slight improvement, an increase of 0.2%. “While it’s true that these are positive indicators, we’re also monitoring […]
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