‘Tis the season to be jolly and keep a watchful eye out for costly cons! With the holidays nearing, millions of Americans will be out shopping for their family, friends and loved ones. It is estimated that Americans will spend more than $1.1 trillion this holiday season — an increase of 4% or $1,047.83, when […]
The U.S. Small Business Administration approved (SBA) approved 439 loans for $78.2 million to small businesses in Puerto Rico and the U.S. Virgin Islands during fiscal year 2019, a 35% and 28% increase, respectively, over the previous year, the agency announced. Of the total loans approved, 189 for $39 million were for small businesses in […]
During the holiday season, Americans across the country have a unique opportunity to strengthen their local economies, support their communities, and get great services and products by “shopping small” — visiting small businesses in their own communities. The holidays give us all the chance to reconnect with our neighbors and, whether you’re grabbing a cup […]
Global competition is exceedingly moving companies that want to continue developing need to improve and diversify their product and service offerings. To achieve that, it makes sense to invest time and effort to stay current. Such were some of the conclusions of a roundtable headed by the Puerto Rico Science, Technology and Research Trust, the […]
The U.S. Small Business Administration is working with the U.S. Department of Homeland Security and the Information Technology Coordinating Council to attract respondents to a confidential cybersecurity survey for small and mid-sized businesses. “Cyber-attacks are a growing concern for small business owners and our economy. The SBA is encouraging entrepreneurs to participate in this survey […]
The U.S. Small Business Administration announced that more than 100,000 current and aspiring veteran business owners have participated in the Boots to Business training course since the program began in January 2013. The Boots to Business program provides entrepreneurial education and training to transitioning service members, veterans and military spouses (including members of the National […]
The U.S. Small Business Administration has awarded $300,000 to the Puerto Rico Trade and Export Company in competitive State Trade Expansion Program funding, “Through the STEP program, we are making additional resources available to Puerto Rico’s small businesses so that they may thrive in the global marketplace and further promote job creation,” said SBA District Director […]
Local entrepreneurs and researchers who have marketed their innovations thanks to federal grant programs and the support of local business ecosystems organization gathered in San Juan to celebrate and share their success stories. The testimonials came during “The Faces of Innovation in Puerto Rico: SBIR Road Tour Kickoff” event organized by the Puerto Rico Science, […]
The U.S. Small Business Administration is now accepting nominations for its 2020 National Small Business Week Awards, including the annual Small Business Person of the Year. For more than 50 years, National Small Business Week has celebrated the inspiring achievements of America’s small businesses and the countless contributions they make to their local communities, and […]
Every day, tens of thousands of American troops risk their lives and sacrifice time with their families to protect our national security and keep us safe. Through their strength and commitment, they protect our nation, liberties, freedom and way of life. The Defense Department keeps our military members safe while serving; and once our heroes […]
The U.S. Small Business Administration announced that the federal government exceeded its small business federal contracting goal for the sixth consecutive year, awarding 25.05% in federal contract dollars to small businesses, totaling $120.8 billion — an increase from the previous fiscal year of nearly $15 billion. In Puerto Rico and the U.S. Virgin Islands, the […]
The U.S. Small Business Administration announced the 2019 Small Business Persons of the Year winners, including 3A Press Corp. in Lajas. Each of the winners have been invited to attend ceremonies in Washington, D.C. on May 5-6 where they will be honored with their individual award. During the ceremonies, SBA will announce the 2019 National […]
In celebration of Women’s History Month, the Small Business Administration salutes women entrepreneurs who have taken risks in pursuit of their passions and who view setbacks or challenges as just another step to achieve something greater. Our agency and regional office, as well as our district offices throughout New York, New Jersey, Puerto Rico and […]
The U.S. Small Business Administration has received more than 800 applications from accelerators and incubators hoping to win one of 50 cash prizes of $50,000 each in the SBA’s first Growth Accelerator Fund competition.
The U.S. Small Business Administration this week reminded eligible private nonprofit organizations of the Oct. 26 deadline to submit disaster loan applications for damages caused by Hurricane Irene on Aug. 21-24, 2011. The agency also added Loíza, Peñuelas and San Juan to the eligibility list.
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