SBIA
SBIA

Allocation: $85,000,000​
Description: Oriented to the development of small and/or new businesses, and to the creation of jobs through the growth of new businesses.​

The Small Business Incubators and Accelerators Program (SBIA) works to strengthen the Island’s economy through the incubation and acceleration of small businesses, as well as to facilitate the resources to create and provide infrastructure to support both processes of business development.

Its main objective is to benefit citizens affected by Hurricanes Irma and Maria in the creation of new businesses, through an incubation process or to strengthen existing ones with an acceleration process. This is supported by various entities selected throughout the Island that submitted their projects.

Some of the services are: ​

  • Provide a collaborative work space with mentoring services​
  • Assistance in the incubation/acceleration process​
  • Professional networking​
  • Ideas exchanges​
  • Practical management training/workshops​
  • Consulting​
  • Technical assistance​
  • Provide physical space and business resources at non-prohibitive costs for small and new businesses.


*This varies according to each organization’s offering.​

GUIDELINES

FileAction
Program Guidelines (V5.0) -- Posted 23/07/2020Download 
Cross Cutting Guidelines (V3.0) -- Posted 06/08/2021Download 
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ECO_SBIA_Guidelines_EN_v4.pdfDownload 
Program Guides (V2.0)Download 
Guías del Programa (V2.0)Download 
Program Guides (V1.0)Download 
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The selection process is now complete and we have committed CDBG-DR funds to entities focused on the economic development of Puerto Rico.​

Learn about the entities throughout the Island that are focused on developing the capabilities of Puerto Ricans under this program and strengthening the economy of Puerto Rico. Visit their pages for more information about their projects and enrollment process.​

Get ready to develop your idea or
strengthen your business!

Learn more about the progress of this program on the Transparency Portal


This portal is automatically updated on a daily basis.