Thirteen small businesses were awarded $325,000 in incubator grants through the Guam Unique Merchandise and Art program.
The Guam Economic Development Authority’s Growth Accelerator Program administers GUMA, which includes 16 weeks of training and mentoring for entrepreneurs. Upon completion, participants qualify to apply for grant funding.
A ceremony was held at Adelup where Gov. Lourdes A. Leon Guerrero said the small business program creates job opportunities and fosters economic growth.
Ranging from mobile automotive repair to agriculture and digital services to apparel, the funding provided will purchase much needed equipment and hardware to expand their businesses. mbj
GEDA awards 13 small business grants
GEDA awards 13 small business grants
- Date Posted: Feb 06, 2024
- News: Guam
-
Share this News
GEDA awards 13 small business grants
Recommended Articles...
Mariana Islands brace for extended typhoon season in the rest of 2026
Following the passage of Super Typhoon Bavi through Guam and the Northern Mariana Islands on July 6, regional emergency officials are warning businesses and public leadership across the Marianas to prepare for a prolonged tropical cyclone season driven by a strong El Niño pattern.
Read More 
GEDA grant recipients invest in cultural preservation and economic development
Guam Economic Development authority grant awardees are creating impactful community projects in media and the arts to connect with community members across the region.
Read More 
One more cup of coffee
Roland Lumongsud, inside sales, and Jon McDonald, general manager, both with Frontier Supply Co. The pair had packs of Frontier’s Private Reserve Coffee to hand out to attendees at the Society of American Military Engineers Guam Post Guam Industry Forum.
Read More 
A prestigious property development may appeal for housing for military families
Ho S. Eun, chairman of Core Tech International, is a longtime local contractor and among Core Tech International’s area of expertise is property development. Speaking in July with Ryan Mummert on the Datapoints podcast in, presented by Pinpoint Guam, he discussed Core Tech Development’s purchase at auction of Younex International’s Oka property, formerly Emerald Ocean View Park, now known as Summer Towers.
Read More