Cooperative Agreement SBAHQ24B0055

The U.S. Small Business Administration (SBA) awarded a $576,255.00 Project Grant to the Inter American University of Puerto Rico, Inc. (IAUPR) under the Small Business Development Centers (SBDC) program (CFDA 59.037). The grant, which runs from January 1, 2025 to December 31, 2025, will support IAUPR in operating the Puerto Rico SBDC to provide comprehensive management counseling, training, and technical assistance to small businesses and entrepreneurs in Puerto Rico. This includes services such...

The U.S. Small Business Administration (SBA) awarded a $447,145 Project Grant under the State Trade Expansion Program (STEP), CFDA Number 59.061, to the Departamento De Desarrollo Economico Y Comercio (DDEC), the primary economic development agency for the government of Puerto Rico. The award, which has a performance period from September 30, 2024 to September 29, 2026, will support DDEC in developing and implementing export promotion services to help eligible small businesses in Puerto Rico...

The Minority Business Development Agency (MBDA) awarded $496,589 under the MBDA Business Center cooperative agreement to provide technical assistance, training, education, and advisory services to minority business enterprises affected by COVID-19 in Puerto Rico. Asociacion Hecho En Puerto Rico, Inc., doing business as the Minority Business Development Center, will deliver these products and services from July 2021 through June 2022. Key performance metrics include the number of minority...

The U.S. Small Business Administration (SBA) awarded a $199,589 Cooperative Agreement to the Puerto Rico Science, Technology, and Research Trust (PRSTRT), a minority-owned, Hispanic American-owned non-profit organization, under the Federal and State Technology (FAST) Partnership Program (CFDA 59.058). The funding will support PRSTRT's efforts to strengthen the technological competitiveness of small businesses in Puerto Rico by providing proposal development training, technical assistance,...

The Foundation For Puerto Rico Inc. received a $1 million Project Grant award from the Small Business Administration Office of Entrepreneurial Development under the Community Navigator Pilot Program (CFDA 59.077) to provide high-quality support and technical assistance with pandemic relief programs and recovery services to small businesses through December 2023. As a Hub organization, the Foundation and its contractor Spokes will deliver one-on-one counseling and group trainings to increase...

The Small Business Administration (SBA) awarded a $340,000 Project Grant under the Veterans Outreach Program (CFDA 59.044) to Corporacion Para El Financiamiento Empresarial Del Comercio Y Las Comunidades (Cofecc), a non-profit community development corporation in San Juan, Puerto Rico. The grant period runs from September 1, 2024 to April 30, 2025. Cofecc will use the funding to provide entrepreneurship training, business development services, and access to capital resources to support...

The Small Business Administration Office of Entrepreneurial Development awarded a $225,000 Project Grant to Friends of Puerto Rico through the Women's Business Ownership Assistance federal grant program (CFDA 59.043). The five-year award beginning September 30, 2021 will support Friends of Puerto Rico in assisting small businesses owned and controlled by women in Aguadilla, Puerto Rico. Specifically, the organization will provide training and counseling to remove discriminatory barriers faced by...

The Puerto Rico Manufacturing Extension Inc. (PRIMEX) received a $221,185 Rural Business Development Grant (CFDA 10.351) from the U.S. Department of Agriculture to provide technical assistance, training, and other business development services to small and emerging manufacturers across Puerto Rico. This funding will enable PRIMEX, as the Manufacturing Extension Partnership (MEP) center for Puerto Rico, to support local manufacturers with initiatives focused on improving operations, workforce...

The U.S. Small Business Administration (SBA) awarded a $150,000 Project Grant on September 30, 2023 to Friends of Puerto Rico, a non-profit organization, under the agency's Women's Business Ownership Assistance program (CFDA 59.043). The funding supports Friends of Puerto Rico's initiatives to provide training, counseling, and technical assistance to small businesses owned and controlled by women in Puerto Rico, with an emphasis on socially and economically disadvantaged individuals. This...

The federal Cooperative Agreement award of $150,000 was provided by the U.S. Small Business Administration (SBA) under the Women's Business Ownership Assistance program (CFDA 59.043). The award was granted to Friends of Puerto Rico, a non-profit organization focused on supporting economic development and entrepreneurship in Puerto Rico. The funding will support Friends of Puerto Rico in delivering comprehensive entrepreneurial development services to women-owned small businesses, with a...