• Name of Partner / Subrecipient: Fondo de Inversión y Desarrollo Cooperativo (FIDECOOP)
  • Assignment: DR
  • Program / Division: Small Business Incubators and Accelerators Program
  • DUNS No.: 966296928
  • Execution Date: 08/06/2021
  • End Date: 08/06/2024
  • Total Amount: $2,500,000.00
  • 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: 08/20/0021
  • End Date: 08/06/2025
  • Total Amount: N/A
  • CDBG-DR Funds: N/A
  • Brief Description: This Amendment has the intention of the parties to modify and amend the terms of the Subrecipient Agreement.

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SUBCONTRACTORS

  • Moreno Santiago &Co., CPA’s, CSP: The subcontractor will provide Financial Oversight Service (Financial and Compliance service) all as part of the Small Business Incubators and Accelerators Program under CDBG-DR funds. The term of the contract begins on August 16, 2021 until August 6, 2025. The amount of the contract will be $160,000.00.
  • Gracie M. Cuadra De Jesús: The subcontractor will provide Mentor Services all as part of the Small Business Incubators and Accelerators Program under CDBG-DR funds. The term of the contract begins on February 11, 2022 until September 30, 2022. The amount of the contract will be $300.00 per registration.
  • Soto Espada CPA, P.S.C.: The subcontractor will provide Preparation of Projected Financial Statements and Business Plan services, as part of the Small Business Incubators and Accelerators Program, under CDBG-DR funds. The term of the contract begins on May 15, 2023, until December 22, 2023. The amount of the contract will be at the rate of $85.00 per hour. UEID: YT1BSSLXDJ25.
  • Estancia Solidaria CRL (Consultcom): The subcontractor will provide Capacitation Services as part of the Small Business Incubators and Accelerators Program, under CDBG-DR funds. The term of the contract begins on January 8, 2024, until December 27, 2024. The amount of the contract will be at the rate of $75.00 per hour. UEID: KWUZKN4WN4J1.
  • Isabella C. Perez Gutiérrez: The subcontractor will provide Capacitation Services as part of the Small Business Incubators and Accelerators Program, under CDBG-DR funds. The term of the contract begins on September 1, 2023, until January 31, 2024. The amount of the contract will be at the rate of $10.00 per hour.
  • Joel Enrique Franqui Gil de Lamadrid: The subcontractor will provide Capacitation Services as part of the Small Business Incubators and Accelerators Program, under CDBG-DR funds. The term of the contract begins on January 8, 2024, until December 27, 2024. The amount of the contract will be at the rate of $75.00 per hour.
  • Radames Vazquez Caez: The subcontractor will provide Capacitation Services as part of the Small Business Incubators and Accelerators Program, under CDBG-DR funds. The term of the contract begins on September 1, 2023, until January 31, 2024. The amount of the contract will be at the rate of $10.00 per hour.