Rural business development grants - disaster (rbdg e disaster) grants

Pathstone Enterprise Center, LLC received a $747,450 Rural Business Development Grant (RBDG) Disaster award from the U.S. Department of Agriculture's Rural Business Cooperative Services (CFDA 10.351) on September 26, 2025, with a completion date of September 26, 2027. This disaster-focused grant funds Pathstone's provision of technical assistance, business development services, and access to affordable capital for small and emerging private businesses in rural Puerto Rico. As a certified Community Development Financial Institution (CDFI) and nonprofit Community Development Corporation, Pathstone will deliver direct services including business counseling, training, feasibility studies, market research support, and small-dollar loan programs to underserved and underbanked entrepreneurs in rural, low-income, and high-unemployment areas.

The award supports Pathstone's mission to foster sustainable economic development and job creation by enabling business enterprises with 50 or fewer new employees and less than $1 million in projected gross revenue to access capital and mainstream financial systems. The grant is delivered directly to the intermediary organization rather than to individual businesses, consistent with the Rural Business Development Grant program's structure of funding eligible nonprofit and government entities to provide services to rural small businesses.