Four Puerto Rico start-ups will pitch their businesses and products in New York City today, at the “Startups of Puerto Rico Showcase event” slated to take place in Manhattan.
Uncertainty over the impact of new taxes on businesses may be putting a break on entrepreneurship with Puerto Rico's largest bank reporting a slowdown in its small business loan activity.
Puerto Rico’s small and mid-sized businesses have a variety of possibilities for expansion in foreign markets that provide great potential to export their products and achieve greater economic strength and growth, although few have departments currently engaged in foreign trade.