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 […]