UPR Ponce (UPR-Ponce Smart Hub) Grant

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

This EDA investment supports the University of Puerto Rico in Ponce with establishing a disaster resilient research and business facility to support high-growth businesses focused on the health and medical tourism industries. The project will serve as a high-performing, energy efficient, multiuse infrastructure that supports a business hosting and retention program for entities within a designated Opportunity Zone. Once completed, the project will help mitigate the direct effects of weather and utilities related interruptions and bolster business continuity, industrial diversification, create jobs, and provide long-term economic growth that will strengthen resiliency against future disasters.

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