The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
Five proposals from Puerto Rico requesting a combined $163,000 in funding have been selected to benefit from the U.S. Department of Agriculture’s Rural Energy for America Program, or REAP, to develop energy efficiency projects.
The U.S. Department of Labor announced Monday awards exceeding a combined $3 million for Puerto Rico and the U.S. Virgin Islands to improve unemployment insurance programs.