The Community Investment Fund, launched last November with an initial $500,000 contribution from its founder, the Puerto Rico Community Foundation, has more than doubled its capital base to $1.1 million in investments from the private sector, the nonprofit announced Thursday.
The Spanish Institute for Foreign Trade, in collaboration with the Department of Economic Development and Commerce, have organized the first mission of Spanish investors to visit this island this week, the Puerto Rico government agency announced.
Samuel J. Boyd, Jr. chief investment officer and director of program development of the office of investment and innovation at the Small Business Administration, visited Puerto Rico this past weekend to take part in a series of events hosted by Grupo Guayacán Inc. as part its ongoing efforts to promote a vibrant risk capital ecosystem on the island.
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