July 28, 2021

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Up to $ 50,000 Aid Announced for Small Businesses


Orientation is free of cost

PUERTO RICO – The Association of Industrialists will carry out this Friday, June 18 at 10:00 am, an orientation aimed at small companies or micro-companies that operate with fewer than 75 employees, and that suffered losses due to hurricanes Irma and María, who may receive a grant of up to $ 50,000, as announced by Yandia Pérez, executive vice president of the Puerto Rico Industrial Association.

According to Stella Molina, director of Partner Service of the Association, “these grants are extremely important so that small businesses that are in complex situations can continue to operate, despite the damage they received from the hurricanes, and it is available in these so critical moments where many companies have seen their income reduced due to the pandemic ”.

This grant, administered by the Puerto Rico Economic Development Bank through the Small Business Financing program, will serve to cover operating capital and some equipment of those companies located and registered to operate on the island and that demonstrate that they suffered physical loss. or economical due to hurricanes.

During the workshop, participants will receive information on benefits, eligibility requirements, necessary documents to submit, how to fill out the application, application deadline, among others, so that they can fill out and apply correctly to avoid being disqualified.

The orientation will be offered by Luis Alemañy, president of the Economic Development Bank, and Nelly Colón Ortiz, executive vice president of the New Business Department of the Economic Development Bank, and by Stella Molina.

The orientation is free of charge and will take place in virtual format.

For registration you can access www.industrialespr.org/events or contact the Association by calling 787-641-4455.



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