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Incentivo de Capital Semilla para PyMEs
General · Puerto Rico Department of Economic Development and Commerce (DDEC) · PR
The Incentivo de Capital Semilla para PyMEs is a Puerto Rico DDEC grant that reimburses 50%-75% of eligible business costs like equipment, rent, and new-hire salaries, offering up to $15,000 for new businesses or up to $35,000 for established ones, for small and medium businesses in Puerto Rico.
The Incentivo de Capital Semilla para PyMEs is a reimbursement-based grant program run by the Puerto Rico Department of Economic Development and Commerce (DDEC). It is designed to help small and medium-sized businesses (PyMEs) in Puerto Rico fund costs such as machinery, equipment, rent, infrastructure, technology upgrades, and partial salaries for new hires.
The program distinguishes between new and established businesses. New PyMEs, generally those operating for 0-3 years, may receive up to $15,000, while established PyMEs operating 3 or more years may receive up to $35,000. The grant reimburses 50%-75% of eligible investment costs, meaning businesses typically need to spend money first and then seek reimbursement for a portion of that spending.
This program matters to small-business owners in Puerto Rico because it directly offsets capital costs that can be difficult to finance otherwise, such as buying equipment or covering rent during growth phases. Because it is structured as a grant rather than a loan, funds that are approved generally do not need to be repaid, though applicants should confirm the exact terms.
Eligibility is limited to small and medium businesses located in Puerto Rico with average sales of $3,000,000 or less and 25 or fewer full-time employees. As application rounds and specific award amounts may change over time, business owners should confirm current details, open application windows, and eligibility requirements directly on the DDEC website before applying.
Who qualifies
How to apply
Questions people ask
Is this a grant or a loan?
It is a grant, structured as a reimbursement of 50%-75% of eligible investment costs.
Do I have to repay the funds?
No, it is a grant, though it works on a reimbursement basis so you typically pay costs first and get reimbursed.
Who is eligible?
Small and medium businesses in Puerto Rico with average sales of $3,000,000 or less and 25 or fewer full-time employees.
How much can I get?
New PyMEs (0-3 years) can receive up to $15,000, and established PyMEs (3+ years) can receive up to $35,000.
What can the funds be used for?
Machinery, equipment, rent, infrastructure, technology, and partial salaries for new hires.
What is the deadline?
Confirm current application rounds and deadlines at the official DDEC site.
Where do I apply?
Applications are submitted through the DDEC official page at https://www.desarrollo.pr.gov/incentivo-de-capital-semilla-para-pymes-de-nuevas.
Who runs this program?
The Puerto Rico Department of Economic Development and Commerce (DDEC).
Is my business too big to qualify?
If your business has more than $3,000,000 in average sales or more than 25 full-time employees, confirm eligibility at the official source.
Is the grant taxable?
This is not addressed in the available information; confirm at the source.
Can businesses outside Puerto Rico apply?
No, this program is limited to businesses operating in Puerto Rico.
What percentage of costs does the grant cover?
The grant reimburses between 50% and 75% of eligible investment costs.
Is there a difference between new and existing business awards?
Yes, new PyMEs can receive up to $15,000 while existing PyMEs can receive up to $35,000.
Opportunity number: not published. Source: curated + verified (official territory source, 2026). GetFundedUSA is independent and not affiliated with Puerto Rico Department of Economic Development and Commerce (DDEC); always confirm current deadlines, amounts and eligibility on the sponsor's own page before applying.