By The Star Staff
The Economic Development Bank for Puerto Rico (EDB) inaugurated on Thursday its Center for the Development of Entrepreneurs, an initiative that will offer free services to encourage the creation and growth of small and midsize businesses (SMEs by the initials in Spanish) on the island.
The effort seeks to increase the number of start-ups, provide resources and support to entrepreneurs, and facilitate access to financing.
“We want our small and midsize businesses to have a good start and be able to access the financial tools necessary to grow,” EDB President Luis Alemañy said in a written statement.
The Center, in San Juan, will enjoy the collaboration of several entities, such as Atlantic University, the island Treasury Department, and the Science, Technology and Research Trust, which will offer workshops and seminars throughout the year.
The Center for the Development of Entrepreneurs’ objective is to increase the creation of new businesses and generate jobs, with the aim of strengthening Puerto Rico’s economic resilience. The EDB will also continue to offer its Junte de Empresarios program from its headquarters in San Juan, facilitating access to financing and connections with other entrepreneurs.
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