This initiative is designed to support researchers and entrepreneurs in securing federal SBIR and STTR funding. #NewsismyBusiness
The financial institution claims the defendants orchestrated a fraudulent scheme to obtain PPP funds by submitting falsified applications and misusing the proceeds for personal gain. #NewsismyBusiness
Hispanic business owners accounted for nearly 5.2 million companies with $766.8 billion in annual sales, 3 million employees, and $124.4 billion in annual payroll. #NewsismyBusiness
The selected entities and municipalities have up to three years to use the funds. #NewsismyBusiness
Featuring executive appointments at Ciencia Puerto Rico, the Puerto Rico Agricultural Biotechnology Industry Association and the U.S. Small Business Administration Regulatory Board. #NewsismyBusiness
In 2022, the Biden administration mandated that federal agencies allocate 12% of their procurement needs to socioeconomically disadvantaged small businesses. #NewsismyBusiness
In addition, the local SBA office announced the second edition of the “Mujer Capital” event organized by the Metro Women's Business Center, on June 14. #NewsismyBusiness
The event also served as a framework to highlight the work of the island’s financial institutions. #NewsismyBusiness
The America’s Seed Fund road tours stopping in 16 States and territories, including Puerto Rico, to engage entrepreneurs creating cutting-edge technologies. #NewsismyBusiness
San Germán's Interamerican University to connect food entrepreneurs with federal agencies. #NewsismyBusiness
The agency has approved more than 3,400 disaster relief loans to small businesses, homeowners, renters, and nonprofits in Puerto Rico.
The deadline to return economic injury applications is Dec. 29.
The U.S. Small Business Administration (SBA) and Inclusiv today entered into a two-year Strategic Alliance Memorandum (SAM) to increase access to credit and capital for small businesses in underserved areas and enable microenterprise development in Puerto Rico. SBA Puerto Rico & U.S. Virgin Islands District Director Josué E. Rivera and Inclusiv President Cathie Mahon signed […]
The US Small Business Administration backed 411 7(a) working capital loans for $89.3 million in Fiscal ’21, exceeding by 68% the $53.3 million on record for Fiscal ’20 for Puerto Rico, the agency confirmed. The agency also confirmed it saw an increased amount of 7(a) working capital loans in Fiscal ’21 — by count and […]
The U.S. Small Business Administration bestowed a $90,297 grant to the Puerto Rico Small Business and Technology Development Centers to fund specialized training, mentoring, and technical assistance for research and development-focused small businesses under the Federal and State Technology (FAST) Partnership Program. “We’re pleased that Puerto Rico SBTDC has been selected to receive a Fiscal ’22 FAST award. FAST grants […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA