Lessons Learned: Small Business Cash Grant Program

On September 5th, almost a year after Hurricane María, we presented the lessons learned from our Small Business Support Program and policy recommendations to support businesses after major disasters. Likewise, we announced a crowd funding campaign through which we aspire to raise $240,000 to continue supporting the backbone of Puerto Rico’s economy, small businesses.

The first look at the results of our Bottom Up Destination Recovery Initiative: Orocovis

On June 13th, 2018, after months engulfed in Orocovis as part of our Bottom Up Destination Recovery Initiative, we presented the results of the first phase of our pilot. Known as the 'Heart of Puerto Rico', Orocovis is now better equipped to begin a destination-planning phase.

The 6 pillars of the new infrastructure and the visitor economy as a reconstruction model.

On May 2nd, 2018 we presented the “Visitor-Based Economic Development”, an investigation commissioned by Foundation for Puerto Rico to the firm Estudios Técnicos. In the event we discussed the key elements of infrastructure and an innovative model for the succesful economic development of Puerto Rico. As part of the investigation, the consulting firm proposed a new conceptual model that is based on six elements impacting tourism: Physical, Social, Institutional, Cultural, Knowledge and Environmental. 

STABILIZING SMALL BUSINESSES WITH A GRANT PROGRAM

through a grant fund to mitigate the loss of businesses in Puerto Rico. The first stage of this grant program was started with a $50,000 fund to revive key commercial neighborhoods in Santurce, Aguadilla and Ponce. Given the popularity of the program and the ongoing calls from small business owners requesting aid, FPR expanded the program to more communities and sectors in Puerto Rico.