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

The Department of Agriculture Rural Business Cooperative Services awarded $180,000 to Fondo De Inversion Y Desarrollo Cooperativo Inc. on June 1, 2026, under the Rural Business Development Grant program (CFDA 10.351). The award supports economic development initiatives for small and emerging private businesses in rural Puerto Rico through June 1, 2028. Fondo De Inversion Y Desarrollo Cooperativo Inc., a minority-owned, not-for-profit community development corporation based in San Juan, Puerto Rico, receives the grant to assist business-type operations that will employ 50 or fewer new employees and project less than $1 million in gross revenue. The Rural Business Development Grant program promotes sustainable economic development and related employment in rural communities, with priority for projects in low-income areas, projects that save existing jobs, projects that create jobs, and areas with high unemployment rates.