• Name of Partner / Subrecipient: Business Atelier
  • Program / Division: Small Business Incubators and Accelerators Program
  • DUNS No.: 117528007
  • Execution Date: 05/14/2021
  • End Date: 05/13/2025
  • Total Amount: $2,437,205.00
  • Brief Description: According to the approved current Action Plan, Puerto Rico intends to undertake a Small Business Incubators and Accelerators Program (hereinafter, "the Program"). The focus of the Program is to support and grow Puerto Rican small businesses by providing them with technical assistance to help grow their business skills and professional network through the structure of an Incubator or Accelerator.

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AMENDMENTS

  • Execution Date: 06/10/2022
  • End Date: 05/13/2025
  • Total Amount: N/A
  • CDBG-DR Funds: N/A
  • Brief Description: This Amendment A serve the purpose of modifying and amend certain terms and conditions specially the Exhibit C and the Exhibit D.

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SUBCONTRACTORS

  • ALB BUSINESS LEGAL CONSULTING, LLC: The subcontractor will provide Legal Advice as part of the Small Business Incubator program of CDBG-DR. The term of the contract begins on January 21, 2022, until January 21, 2023 (12 months). The amount of the contract will be for a maximum amount of $45,000.00 dollars.
  • JMC Venture International, LLC: The subcontractor will provide Finance & Business Development Advisor Service, as part of the Small Business Incubator program (SBIA) of CDBG-DR. The term of the contract begins on February 11, 2022, until February 11, 2023 (12 months). The amount of the contract will be for a maximum amount of $36,000.00 dollars. Duns-118532315.
  • ON POINT STRATEGY LLC: The subcontractor will perform as a Financing & Business Development Advisor under the Small Business Incubators and Accelerators Program (SBIA) of CDBG-DR. The contract term will begin on November 15, 2022, until November 15, 2023. The contract amount will not exceed $24,000.00. UEID: G51QUU5YNKU9
  • JMC Ventures International, LLC (SBIA): Amendment A- The subcontractor will provide Finance & Business Development Advisor Service, as part of the Small Business Incubator program (SBIA) of CDBG-DR. The Amendment A to amend the term of agreement to read “The Term of this agreement will be for a performance period of twelve (12) months, ending on February 10, 2024”. The contract amount will not have modifications. Unique Identity Identifier: SX16ZN2JL7A6.
  • CRS Law Office, LLC: The subcontractor will provide Legal Advisor Services, under the Small Business Incubators and Accelerators Program (SBIA) with CDBG-DR Funds. The contract term will be from April 13, 2023 to April 11, 2024. The contract amount will be $36,000.00.