University Of Puerto Rico (Business And Economic Development Center) Grant #2

Strategic Initiative(s) Alignment: Access to Capital, Capacity Building
Program: EDA Awarded Grants
Type: Support/Coordination
Year(s): 2021

The University of Puerto Rico (UPR)’s business & economic development center (BEDC), headquartered at the college of business administration (CBA) in the Mayaguez campus (UPRM) will work jointly with the university of the virgin islands (UVI) center for excellence in leadership and learning (cell) on a Caribbean regional university center. The Caribbean regional UC will provide specific activities through the BEDC at UPRM, and the UVICELL, which includes, providing technical assistance, conducting applied research, and dissemination as part of the economic development activities.

The three major categories of innovation activities are: 1.) technical assistance to innovators and existing businesses, 2.) applied research through allied centers and courses and, 3.) dissemination of all activities that impact economic development in the region.

The technical assistance offered by the UC to innovators in the pre-incubation phase (pi) (80%), and existing growing business (gb) (20%)

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