Project Grant CLSS00000074084

Award Date 7/27/22
Completion Date 7/27/24
Dollars Obligated $128K
Federal Grant Program
10.351
Assistance Type
Project Grant
Place of Performance
Puerto Rico
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The Department of Agriculture Rural Housing Service awarded a $128,000 Rural Business Development Grant to Monte Azul Inc. under the Rural Business Development Grant program (CFDA 10.351). The grant will support Monte Azul's efforts to promote sustainable economic development and facilitate the development of small and emerging private businesses in rural communities in Puerto Rico from July 2022 through July 2024. Specifically, the funding will allow Monte Azul to provide services and technical assistance to improve the economy in rural areas through the establishment and operation of a rural business incubator. The incubator aims to foster entrepreneurship and business growth that will create new jobs and economic opportunities for rural residents.

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