The Economic Development Bank this week marked the end of the first phase of the Vieques and Culebra Tourism and Commercial Development Loan Program, which has already approved $1 million in loans that have created 74 new jobs split between the two island municipalities.
Economic Development Bank President Ivonne Otero and University of Puerto Rico President Miguel Muñoz unveiled Tuesday the "University Business Movement" program, a new initiative that seeks to promote an entrepreneurial spirit among college students.
The U.S. Small Business Administration said Monday it has extended the deadline for homeowners, renters, businesses and nonprofit organizations in Puerto Rico to return applications for physical damage caused by Hurricane Irene. Since launching the assistance program in August, the agency has approved more than $3 million in loans.
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