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PRIDCO FEDE Innovative PyMEs Program

PRIDCO FEDE Innovative PyMEs

Supports science and technology initiatives from Puerto Rico small and medium businesses through PRIDCO-managed financing.

OpenPuerto Rico Industrial Development CompanyUnited StatesEligible in Puerto Rico
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About

Puerto Rico Industrial Development Company (PRIDCO) administers the Special Fund for Economic Development (FEDE) Innovative PyMEs Program, a cash grant of up to $100,000 per business targeting small and midsize enterprises in Puerto Rico that operate in science and technology sectors. The program is disbursed through PRIDCO and DDEC channels on a rolling, continuous basis with no published applica…

What this grant funds

Science and technology-based products: operating, expanding, commercializing, or exporting.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Application process

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Timeline

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Where founders trip up

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Last verified: 22 Jul 2026Source: caribbeanbusiness.com