Vboc 2025-2026 corporacion para EL financiamiento

Project Grant Summary

On May 1, 2025, the Small Business Administration's Office of VA Business Development awarded $340,000 to Corporacion Para El Financiamiento Empresarial Del Comercio Y Las Comunidades (Cofecc) under the Veterans Outreach Program (CFDA 59.044). This one-year project grant, which extends through April 30, 2026, funds comprehensive entrepreneurship training and business development services targeted at military-connected individuals in San Juan, Puerto Rico. Cofecc will deliver the SBA's "Introduction to Entrepreneurship" curriculum and provide direct business counseling and technical assistance to veterans, service-disabled veterans, transitioning service members, and military spouses seeking to establish or expand small businesses.

The grant supports Cofecc's mission to connect underserved entrepreneur populations with essential resources for business formation and growth, including mentoring services and access to microloan programs. As a community development corporation with demonstrated expertise in serving low-income and minority-owned businesses in Puerto Rico, Cofecc will utilize the funding to expand its capacity to deliver entrepreneurship training and facilitate access to capital resources for military-connected small business owners in the region.