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Guam STEP applications being accepted for small businesses

Guam STEP applications being accepted for small businesses
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Guam Companies Showcase their Products at Las Vegas Trade Show

Familiar faces in sin city. The Guam Economic Development Authority is in Las Vegas, Nevada this week at the ASD Market Week trade show. Officials provided a platform for Guam-based companies to conne

GEDA promotes Made in Guam products at Las Vegas trade show

GEDA community grants to focus on economic development efforts

The grants will be funded by its corporate qualifying certificates.  We created a qualifying certificate community contribution grant program. we created the program so that grants that came out during our (qualifying certificate) process could be transparent and available to the community at large, said Melanie Mendiola, agency administrator. The big focus is on training folks and incubating small businesses. We re looking at programs that have to do with re-training, . as well as promoting the creation of new businesses.   The agency gives gives tax breaks to some businesses by issuing 20-year qualifying certificates. Many of those certificates require the businesses to make cash contributions to GEDA, which allocates some of the contributions to its grant program for community organizations. The agency s board has final approval of which organizations are to receive grants from the pool of money. 

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