COMMITMENT TO ACTION

Expansion of the Bottom Up Destination Recovery Program

Commitment by Foundation for Puerto Rico

In 2018, Foundation for Puerto Rico (FPR) committed to expand its Bottom Up Destination Recovery Initiative program to 24 new communities outside the metropolitan area. The Bottom Up Destination Recovery Initiative is a community-based recovery approach that supports communities to become more resilient and active resources in the creation of economic opportunities. The program identifies and invests in four impact areas that are critical to meet both recovery and resiliency objectives: addressing basic needs and investing in public infrastructure; providing small business support; building social capital; and developing branding and marketing strategies to attract visitors. Over the next three years, $2.5 million will be invested in public infrastructure, including solar systems, water cisterns and filters, and satellite communication systems, and $1.2 million will be deployed through grants to local entrepreneurs and SME’s. This expansion will impact 300 SME’s and lead to the creation of 72 new businesses and 1,116 new jobs.

Summary

Commitment

Expansion of the Bottom Up Destination Recovery Program

Launched

2018

Est. Duration

3 years

Estimated Total Value

$6,981,100

Region

Caribbean

Countries

Puerto Rico

Commitment by

Foundation for Puerto Rico

Partner(s) of the Commitment Maker(s)

Fundación Popular; Grupo Guayacáan, Inc. Centro para Emprendedores Kiva-PR Direct Relief