Award type: project grant

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 awareness of and participation in programs offered by the SBA and other government agencies that benefit historically underserved small business categories including minority, disabled, LGBTQ, rural, veteran, women, and socially/economically disadvantaged entrepreneurs. Quarterly reports on activities and progress toward stated goals will be provided to the SBA.

Activities

Provide high quality support and technical assistance with pandemic relief programs and recovery services to small businesses.; deliverables: grantees will provide reports on activities and progress toward stated goals to SBA on a quarterly basis.

Expected outcomes

Increase awareness of and participation in programs of the u.s small business administration and other government agencies.

Intended beneficiaries

Small businesses and entrepreneurs that fall into a historically underserved category, including minority entrepreneurs (black, indigenous, and people of color), entrepreneurs with disabilities, lgbtq entrepreneurs, rural entrepreneurs; veterans and military entrepreneurs (including spouses), women entrepreneurs, innovative startups, micro businesses, and socially and economically disadvantaged small businesses

Subrecipient activities

Grantees (hubs) and their contractors (spokes) will provide high quality support and technical assistance with pandemic relief programs and recovery services to small businesses. This support takes the form of 1:1 counseling and group trainings.