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USDA Promotes Business Development Efforts in Puerto Rico

Earlier this month, USDA Rural Development-Puerto Rico held an Intermediary Relending Program Roundtable meeting for area stakeholders.

Our staff provided a brief overview of the program followed by a very dynamic question and answer session.  The most significant issues discussed were the current barriers to access capital for small businesses and the need to complement their services offerings through common inter-organizational effort.

The main objective of the meeting was to gather all main Intermediary Relending organizations and share their current best practices and current lending challenges.  The meeting also proved to be an excellent opportunity to make services networking, exchange organizational information and identify new funding opportunities.

The feedback from the participants after the meeting showed satisfaction with the initiative.  Participants expressed their interest in participating in upcoming meetings and begin working together in order to maximize their resources to reach more rural communities in Puerto Rico.

Partners who assisted and contributed to the roundtable included representatives from Ceiba Housing and Community Development, Asociación de Comerciantes Unidos de Camuy, COFECC, Small Business and Technology Development Center, Pathstone, P.E.C.E.S., Programa de Apoyo y Enlace Comunitario, Minority Business Enterprise Center and Puerto Rico Business Development Corporation.

To find out more about how USDA business development programs can support your rural business, click here.

Earlier this month, USDA Rural Development staff met with stakeholders in Puerto Rico to discuss how the Intermediary Relending Program could be used to spark small business development in rural Puerto Rican communities.

Earlier this month, USDA Rural Development staff met with stakeholders in Puerto Rico to discuss how the Intermediary Relending Program could be used to spark small business development in rural Puerto Rican communities.

 

One Response to “USDA Promotes Business Development Efforts in Puerto Rico”

  1. Angela says:

    I am saying this because I’m beyond extremely put out at this point. I have not had a raise or a cost of living increase. Now I am facing losing days of work & taking another pay cut thru my current position as a PT. with USDA/FSA because we can’t make the budget work out, but we continue to take time, money, & efforts to help foreigners with their needs. When does it stop???? Maybe our first cuts should come from NOT helping others outside of the UNITED STATES of AMERICA. This would leave MONEY, priorities and focuses in the USA allowing money to stay here so that it can be shuffle around for UNITED STATES of AMERICAN’S needs. I don’t mind giving my fair share, but when does EVERYONE else start?????????????????????????????
    FSA & I’m sure many other Government ran agencies uses & pays for postal services thru stamps.com, but yet another government run agency (UNITED STATES Postal Service)USPS is losing business & facing shutdowns due to lack of resources, why are we running ourselves out of business, wouldn’t it make more since to use the computer version of USPS & give them back our government run business???????????
    Another place FSA & I’m sure AGAIN many other Government run businesses waste $ on, is; Linc and Pass. We pay for tsome no name company to give us a card to use in our system for security purposes, I guess; but I haven’t used mine but 1 time since we’ve had them. More $ wasted!!!!!!
    COME ON, START THINKING MORE SENSIBLY & USE OUR $ WISELY!!!!!!!!!!!!!!!!!!!!!!!!!!
    Thanks!AH

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