Fondo De Inversion Y Desarrollo Cooperativo Inc.

Fondo De Inversion Y Desarrollo Cooperativo Inc., a minority-owned, Hispanic American-owned not-for-profit community development corporation based in San Juan, Puerto Rico, receives federal grants to support economic development and small business financing in rural Puerto Rico, operating exclusively as a prime grant recipient with no federal contract work.

The vendor's entire federal footprint runs through the Department of Agriculture Rural Business Cooperative Services, which has awarded five project grants totaling $8.5 million obligated across 2023 through 2026. Work centers on two capability areas: direct business development support and intermediary lending. On the business development side, Fondo received a $100,000 Rural Business Development Grant (CFDA 10.351) awarded July 6, 2023, running through July 2025, to deliver small business and industry development products and services to rural Puerto Rico communities. A more recent $180,000 Rural Business Development Grant (CFDA 10.351) awarded June 1, 2026, runs through June 2028 and targets economic development initiatives serving small and emerging private businesses in rural Puerto Rico that employ 50 or fewer new employees and project under $1 million in gross revenue. On the lending side, Fondo acts as an intermediary lender under the Meat and Poultry Intermediary Lending Program (CFDA 10.382), holding an $8.025 million project grant awarded March 6, 2023, through March 6, 2025, to provide loans to eligible meat and poultry processors in Puerto Rico for start-up and expansion projects. Two additional Rural Community Development Grants targeting minority producers were awarded in September 2023 and September 2024, respectively, with same-year completion dates indicating short-cycle technical-assistance or capacity-building grants.

Activity has been sparse and episodic — three awards in 2023, one in 2024, and one in 2026 — with a single award (the March 2025 intermediary lending grant completion) reaching expiration inside the next twenty-four months. The vendor does not compete for federal contracts and carries no parent vehicles or subcontractor relationships in the federal space; federal engagement is grant-only and regionally concentrated on rural Puerto Rico economic development.