About
With a budget of over $1M available, the goal of this initiative is the donation of eco-friendly steel shipping containers specially adapted for use as shops (commercial establishments) to help in the renovation or startup of retail businesses and services in Puerto Rico.
Hispanic Federation recognizes that small businesses are the economic engine of our communities, that is why the goal of PopTiendas is to support economic recovery efforts on the island by helping small business owners and non-profit organizations restart their operations.
Additionally, the program seeks to boost entrepreneurial spirit in Puerto Rico by granting PopTiendas to individuals who wish to start new business as well as to community-based, non-profit organizations.
PopTiendas measure 8’ x 20’. This format offers an environmentally sustainable and energy-efficient commercial space for different types of businesses and community projects in Puerto Rico.
The PopTienda initiative is made possible in part thanks to the generous additional support of Coca-Cola Company and Prudential Financial, Inc.
Terms
The PopTiendas are specially modified, weather-resistant steel containers and many will be equipped with solar panels, rainwater collection systems and potable water storage, cold drink equipment, generators, and food service equipment. The PopTiendas are available in various sizes, ranging from small to large: Mini (8’x8’), Kiosko (8’X10), Colmado (8’X20’) and Colmado Mediamente (8’X40’). Each POPTienda can be customized based on the business plan of the grantee.
Resources
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Details
Deadline
June 1, 2019
Organization
Hispanic Federation Puerto Rico
Financial Instrument
Grant
Total Program Funding
$1,000,000
Image Credit
Updated November 20, 2021
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