EDB unveils 2 financing programs for gov’t contractors
February 10, 2015
The Economic Development Bank for Puerto Rico recently unveiled two new financing options for local and federal government contractors, with the goal of promoting procurement, agency President Joey Cancel said.
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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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Puerto Rico retail sales up $20.1M in October
January 29, 2015
Puerto Rico’s retail sale saw a $20.1 million increase in October, when activity exceeded $3.22 billion, Puerto Rico Trade and Export, the government agency that tracks this economic sector, said Wednesday.
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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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8 small businesses picked to operate in Roosy Roads
October 8, 2014
The Roosevelt Roads Redevelopment Authority announced the selection of eight microbusinesses from Puerto Rico’s eastern flank to establish operations inside the former Navy base that is currently being repurposed for public access.
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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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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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U.S. Treasury awards $4.9M to Puerto Rico’s EDB
September 25, 2014
The U.S. Treasury Department announced Wednesday the transfer of more than $4.9 million in State Small Business Credit Initiative (SSBCI) funds to Puerto Rico to help local businesses access the capital they need to grow and hire.
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SBA, PathStone partner to foster small biz development
June 30, 2014
The U.S. Small Business Administration and PathStone have entered a strategic alliance, to aid in fostering small business creation and economic development in various underserved regions of Puerto Rico.
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SBA seeking nominees for annual Tibbetts, SBIR awards
April 3, 2014
The U.S. Small Business Administration is seeking nominations for its annual Tibbetts and Small Business Innovation Research (SBIR) Hall of Fame Awards.
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San Germán firm among SBA’s ‘Top Small Businesses’
March 25, 2014
Food manufacturer Productos La Finca Inc. in San Germán will be recognized by the U.S. Small Business Administration this year in Washington, D.C., May 15-16, the agency announced Monday.
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SBA to award grants to support R&D, small biz innovation
March 14, 2014
The U.S. Small Business Administration announced Thursday it will award grants to state and local economic development agencies, business development centers, colleges and universities to support programs for innovative, technology-driven small businesses under SBA’s Federal and State Technology (FAST) partnership program. Applications for the grants are open through April 11.
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Op-Ed: Is there any good news for P.R.’s small biz?
March 11, 2014
Amid news of credit degradation, income tax increases, rumors of raises in the sales and use tax, and possible changes to the federal minimum wage, you can almost hear the groans of small and medium business owners throughout Puerto Rico.
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FirstBank co-hosts seminar for small-, mid-sized biz
March 5, 2014
FirstBank and the Autonomous Municipality of Caguas will be co-hosting an educational conference for small and mid-sized businesses next week, when they will get first-hand guidance for managing the finances of their business during times of crisis.
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