University Of Puerto Rico (Business And Economic Development Center) Grant #1

Strategic Initiative(s) Alignment: Access to Capital, Capacity Building
Program: EDA Awarded Grants
Type: Support/Coordination
Year(s): 2020

As part of EDA’s CARES Act Recovery Assistance, EDA provided a supplemental financial assistance award to the University of Puerto Rico, of Mayaguez, Puerto Rico, to help them respond to the unusual and compelling urgency of the coronavirus pandemic.

University Centers receiving these supplemental awards are required to implement one or more scope of work activities that have been pre-approved by EDA:

(1) providing technical assistance to entrepreneurs, businesses, and communities to assist in economic recovery efforts,

(2) assisting with solutions to move courses to an on-line platform to support the business and entrepreneurial community,

(3) supporting technology commercialization, entrepreneurship, product development and manufacturing aimed at the prevention of, preparation for, or response to the economic impacts of the coronavirus pandemic,

(4) conducting, sharing and disseminating applied research to address challenges resulting from the economic impacts of the coronavirus pandemic, and

(5) assisting communities in identifying and supporting workforce talent through workforce training and other professional development programs.

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