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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SBA offers social media crisis communications webinar
February 2, 2015
Whether it’s a fast-moving storm, a power outage or an in-house crisis, providing clients and business partners status updates is key to the survival of an organization.
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FirstBank grants $2M loan to Deya Elevator Services
January 8, 2015
FirstBank announced Wednesday the approval of a $2 million loan to Deya Elevator Services Inc., a Puerto Rican firm that specializes in vertical transportation, namely elevators, linear transports and ramps.
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San Juan joining SBA’s entrepreneurship training initiative
December 22, 2014
The U.S. Small Business Administration has launched its 2015 Emerging Leaders executive-level training series in 48 cities and communities across the country, including San Juan, which is joining the program for the first time.
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SBA accepting ’15 Nat’l Small Biz Week award nods
December 17, 2014
The U.S. Small Business Administration Puerto Rico and U.S. Virgin Islands district office announced Tuesday that the agency’s online portal is ready to accept nominations for its 2015 National Small Business Week Awards, including the annual Small Business Person of the Year award.
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SBA looks to expand its role as facilitator in Puerto Rico
November 24, 2014
The U.S. Small Business Administration is looking to expand its reach and scope among Puerto Rico’s entrepreneurial community this fiscal year, by spreading the word on a number of long-standing initiatives that should result in increased lending activity.
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Op-Ed: On Small Biz Saturday, ‘shop small, dine small’
November 18, 2014
As the voice for our nation’s entrepreneurs, we at the U.S. Small Business Administration (SBA) celebrate small businesses daily.
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SBA loan program hits lending record in FY 2014
November 7, 2014
The U.S. Small Business Administration’s 7(a) Loan Program reached another lending record in FY 2014, SBA Administrator Maria Contreras-Sweet announced Thursday.
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SBA accepting ’15 National Small Biz Week nominations
October 2, 2014
The U.S. Small Business Administration Puerto Rico District Office announced Wednesday that SBA’s online portal is ready to accept nominations for its 2015 National Small Business Week Awards, including the annual Small Business Person of the Year award.
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SBA, Science & Tech Trust ally on research, innovation
September 30, 2014
The U.S. Small Business Administration and the Puerto Rico Science, Technology and Research Trust (PRSTRT) have entered a strategic alliance to help foster small businesses working in research and innovation on the island.
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Universidad del Este, SBA partner for entrepreneurship
September 26, 2014
The Universidad del Este and the U.S. Small Business administration have partnered to work together on a plan to “create, preserve, and expand” small businesses in Puerto Rico.
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Piloto 151 wins $50K prize through SBA competition
September 5, 2014
Pilot 151, a co-working space in San Juan whose mission is to enable entrepreneurs to create global companies in an environment conducive to productivity and innovation, was one of 50 accelerators chosen to receive a $50,000 cash prize from the U.S. Small Business Administration.
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House Speaker presents pro-small biz initiatives in D.C.
August 11, 2014
Puerto Rico House of Representatives Speaker Jaime R. Perello-Borrás, met with Small Business Administration Chief Maria Contreras-Sweet, to present the profile of the island’s small and mid-sized businesses and find better alternatives for the development and retention of this sector that is key to strengthening the island’s economy.
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