The Puerto Rico Economic Development Bank is looking to convert those who benefitted from the Pandemic Unemployment Assistance program into “entrepreneurs instead of employees,” agency President Luis Alemañy said. The Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, passed in 2020 created the PUA program through which thousands of individuals in Puerto Rico […]
The alliance sets off the first phase of the program, which will allow interested people to launch their businesses “quickly and effectively,” the agencies stated.
The U.S. Department of Labor announced the availability of $35 million in funds to develop, enhance and promote Self-Employment Assistance programs in all 50 states, including Puerto Rico, which will receive $504,523.
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