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DDEC Innovative PyMEs Program

DDEC Innovative PyMEs

Offers up to $200,000 to Puerto Rico-based SMEs and startups investing in science- and technology-based innovation.

OpenPuerto Rico Industrial Development CompanyUnited StatesEligible in Puerto Rico

DDEC Innovative PyMEs is listed by Puerto Rico’s Department of Economic Development and Commerce for small and midsize enterprises and startups that invest in science- and technology-based innovation. The programme offers up to $200,000 to help qualifying businesses begin or scale operations toward commercialisation and export.

Eligible businesses must be established and maintain operations in Pu…

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

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.-

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