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Giovanna Piovanetti
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Region 2 Director

Corporacion para el Financiamiento Empresarial del Comercio y de las Comunidades (COFECC) 

Director: Region 2
Election Year: 2020
Term Expiration: 2022

She has a Bachelor Degree in Business Administration with a concentration in Accounting and Marketing from the University of Puerto Rico, a Certified Public Accountant and obtained a law degree from the Interamerican University School of Law.  After working for many years as Manager of a CPA Firm, in 1996, she started to work in the CDC who used to be one of her clients. She initially occupied the Finance Director position, then she was promoted to the Administrative Director position and for the past 15 years she occupies the Executive President position.    In 2002 was selected by Caribbean Business Newspaper as one of the most Powerful Businesswomen in Puerto Rico and in 2007 was selected by San Juan Star Newspaper as one of the women business leaders in Puerto Rico.  Ms. Piovanetti served for two years as member of the Board of Directors of the SBA’s Puerto Rico Women’s Business Institute, is actually Member of the Board of Directors of Northeast Technological Initiative (a regional economic development organization) and was recently selected by Banco Popular to be part of the Advisory Board of Popular Community Capital, LLC (a Certified Development Entity serving Puerto Rico, US Virgin Islands, Florida and New York). She is now the Region 2 Director and Board Member of the National Association of Development Companies (NADCO). Her passion is to create new projects to promote economic development and to inspire small business owners to reach their highest levels of financial prosperity. 


COFECC (Corporación para el Financiamiento Empresarial del Comercio y de las Comunidades), is a Certified Development Company since 1984 serving Puerto Rico and the U.S. Virgin Islands, a Certified CDFI, an SBA Microlender, a Rural Development Lender and a grantee from the Department of Health and Human Services.  During her work in COFECC, she has developed a new corporate image and innovative programs that have guided the corporation to a higher level of public awareness, federal funding and loan volume.  She has also formalized important partnerships that extended the corporation’s services to small businesses in Puerto Rico. COFECC ranks among the three top CDC’s in its Region.  In 2014, COFECC was awarded the Mercury Prize in the Category of Bank of the Year by the Puerto Rico United Retailers Association and in 2016, COFECC was recognized by the SBA as the CDC with the highest volume in Puerto Rico.  

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