The U.S. Small Business Administration has received more than 800 applications from accelerators and incubators hoping to win one of 50 cash prizes of $50,000 each in the SBA’s first Growth Accelerator Fund competition.
Eleven companies have been selected to participate in Grupo Guayacán’s Guayacán Venture Accelerator, an executive education program designed for growing companies with proven business models, an established clientele, and a management team willing and able to effectively execute, in parallel with the program, the strategies derived from the each of the educational modules.
The Puerto Rico Electric Power Authority’s chronic foot-dragging on allowing individuals and businesses to connect their renewable energy systems to the grid is causing the island to lose out on federal funding opportunities available from the U.S. Department of Agriculture’s Rural Development agency, this media outlet confirmed.