As part of an economic development initiative with special focus on business development in special communities, as well as to promote the establishment of a model toward economic self-sufficiency, the Economic Development Bank and the Office the General Coordinator for Socioeconomic Financing (OFSA) formalized a partnership to establish a line of support for small businesses that sprouting in those areas.
Small businesses will have more contracting opportunities beginning in Fiscal 2017 thanks to a law President Obama signed recently that increases the maximum Small Business Administration surety bond guarantee percentage by 20 percent.
Small business owners across the U.S. mainland and Puerto Rico are preparing for the most important shopping day of the year, “Small Business Saturday,” an event sponsored by the U.S. Small Business Administration.
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