The U.S. Department of Agriculture is accepting applications for grants to help low- and very-low-income rural residents repair their homes.
U.S. Department of Agriculture Secretary Tom Vilsack announced Tuesday that applications are being accepted for grants to finance broadband deployment in remote, rural areas, including Puerto Rico. The announcement is one part of the agency’s efforts to strengthen the rural economy, he said.
The U.S. Small Business Administration announced Tuesday the SBA Veteran Pledge Initiative, a commitment by its top national, regional and community lenders to collectively increase their lending activity to veterans by 5 percent per year for the next five years.
Grace Santana, who is pulling double-duty for the Gov. García-Padilla administration as head of the Puerto Rico Infrastructure Financing Authority as well as the Public-Private Partnerships Authority, is a firm believer that the private sector should take over the task of developing new infrastructure projects when the government can’t — but not take over existing facilities through long-term contracts.
Small businesses rebuilding in the aftermath of Hurricane Sandy will get both immediate and long-term help laying a foundation for economic recovery and resiliency thanks to expanded services funded by a $19 million emergency appropriation.
The Open Society Foundations announced Monday it has awarded the Center for a New Economy a $100,000 grant to lead a group of nonprofits to create an initiative geared toward strengthening the civic core in Puerto Rico.
A group of Puerto Rican entrepreneurs, motivated by the desire to solve their own project financing challenges, on Wednesday launched Antrocket.com, the first Hispanic crowdfunding platform.
Puerto Rico received $7 billion in American Recovery and Reinvestment Act funds in 2009, but failed to create and retain jobs and renovate infrastructure as they were supposed to because hundreds of millions of dollars were used to cover the operational deficiencies of a handful of government agencies.
The U.S. Environmental Protection Agency has awarded $249,487 to the Puerto Rico Department of Environment and Natural Resources to support wetlands protection across the commonwealth.
Puerto Rico has been included in the list of states and territories that will receive funding for unemployment insurance program integrity, performance and system improvement projects, getting an assignment of $1.4 million from the U.S. Department of Labor.
Forty-seven states, Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the District of Columbia will receive $30 million total from the U.S. Small Business Administration in a second round of funding to support efforts to increase exporting by small businesses.
Three Puerto Rico farming operations will split nearly $240,000 in loans and grants from the U.S. Department of Agriculture to produce renewable energy and make energy efficiency improvements, the agency announced Tuesday.
The Minority Media and Telecommunications Council recently weighed in on Puerto Rico’s lagging broadband availability and use, saying the U.S. and the Federal Communications Commission have the responsibility of helping the island move forward in deployment and consumer adoption.
The U.S. Department of Labor today awarded three National Emergency Grants totaling more than $4.1 million to the Puerto Rico Department of Labor and Human Resources that will assist more than 750 workers affected by recent plant closures and resulting layoffs in Puerto Rico.
The President Barack Obama administration announced Tuesday the start of the third round of the $26 million multi-agency “Advanced Manufacturing Jobs and Innovation Accelerator Challenge” to foster innovation-fueled job creation through public-private partnerships.
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