The U.S. Small Business Administration announced Thursday the designation of an additional 516 census tracts qualified as Historically Underutilized Business Zones (HUBZones) in Puerto Rico, for a new total of 776.
Puerto Rico’s small- and mid-sized business sector showed a 4 percent year-over-year growth last year, when some 207,867 were in operation, up from the 199,848 up and running in 2014.
Students and professors from Sacred Heart University will have the support of the Puerto Rico Small Business and Technology Development Centers (PRSBTDC) to create new businesses based on innovation, the organizations announced Monday.