P.R. gets $268K in SBA funding to boost exports
August 24, 2015
Puerto Rico has been assigned $288,650 through the Small Business Administration’s State Trade and Export Promotion (STEP) program to support activities to increase exporting by small businesses, the agency announced Monday.
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SBA announces funding package to spur P.R. economy
August 18, 2015
U.S. Small Business Administration head María Contreras-Sweet was in Puerto Rico Monday to announced a series of initiatives to spur the island’s economy and create jobs.
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Guayacán, Codetrotters win SBA funding competition
August 5, 2015
Grupo Guayacán Inc. and Codetrotters Academy were among the 80 winners of the second annual Growth Accelerator Fund Competition announced Tuesday by the U.S. Small Business Administration.
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SBA economic injury disaster loans available in P.R.
July 22, 2015
The U.S. Small Business Administration announced Tuesday that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations located in Puerto Rico as a result of the drought.
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SBA microloan program grows access to entrepreneurs
June 18, 2015
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.
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SBA honors Puerto Rico entrepreneurs at annual awards
May 18, 2015
The U.S. Small Business Administration honored this year’s top achievers — bestowing awards in Puerto Rico and the U.S. Virgin Islands to recognize the enormous contributions small businesses make to the economies of both islands.
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Guayacán hosts high-ranking SBA officer for workshop
May 4, 2015
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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SBA kicks-off Emerging Leaders training series in P.R.
April 27, 2015
The U. S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office recently kicked-off the first ever Emerging Leaders training series on the island and announced the participants selected for the Class of 2015.
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SBA program trains 25K transitioning service members
April 22, 2015
The U.S. Small Business Administration’s “Boots to Business” program has trained 25,000 transitioning service members over the past two years, in collaboration with the Department of Defense, the SBA announced Tuesday.
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’15 national Small Business Week awardees announced
April 20, 2015
María Contreras-Sweet, the head of the U.S. Small Business Administration, recently announced the 2015 National Small Business Week awardees, which includes the Puerto Rico Women’s Business Institute among the select group.
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Op-Ed: Small biz must export east to keep leadership
March 23, 2015
By 2030, more than 2 billion Asian consumers are expected to join the global middle class. In 15 years, the Asian market is projected to be six times larger than the U.S. market.
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SBA launches competition for female-driven innovations
March 17, 2015
Addressing the needs of women and the role they play in America’s economy, the U.S. Small Business Administration has launched a nationwide competition for entrepreneurs who are developing products and services that will enhance the lives of women and their families.
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SBA launches LINC, new online matching tool
February 17, 2015
The Small Business Administration has launched a first-of-its-kind tool on the federal agency’s website that will allow entrepreneurs looking for a small business loan to get matched with an SBA lender.
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SBA loans up 66% in Puerto Rico, USVI in 1Q15
February 12, 2015
The U.S. Small Business Administration approved 165 loans for $26.9 million in Puerto Rico and the U.S. Virgin Islands during the first three months of fiscal year 2015, an 11 percent and 66 percent increase, respectively, over first-quarter approvals in 2014.
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SBA, credit unions partner to expand small biz lending
February 10, 2015
U.S. Small Business Administration Administrator Maria Contreras-Sweet and National Credit Union Administration Board Chairman Debbie Matz signed a Memorandum of Understanding to invest in the nation’s entrepreneurial potential by expanding the accessibility of small dollar SBA loans from credit unions.
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