The U.S. Small Business Administration this week published a final rule for the microloan program that provides more flexibility to SBA non-profit intermediaries, expands the pool of microloan recipients, and increases accessibility in SBA programs.
The Puerto Rico Government Development Bank released Monday its latest liquidity report showing the agency had $777.8 million left as of May 31, representing a 24 percent drop from the $1.02 billion it had in April.
Forty-four Puerto Rican entrepreneurs will receive more than $500,000 in crowdfunding and grants to jumpstart their businesses as a result of their participation in Hit3001.com, a 12-episode reality TV program turning up-and-coming business leaders into hits.