DDEC announces reopening of Entrepreneurship Centers
junio 14, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) is reopening its Entrepreneurship Centers to promote and promote shared workspaces where companies can grow, train, and establish business contacts, agency Secretary Manuel Cidre announced. “Now that we’re reactivating our economy, the reopening of these co-work centers represents a real alternative for many entrepreneurs, providing […]
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MetalMax Caribe LLC. opens $1.3M manufacturing plant in Naranjito
mayo 6, 2021
Puerto Rican operation MetalMax Caribe, LLC. unveiled its development plans to the Department of Economic Development and Commerce (DDEC, in Spanish) that include a new plant for the manufacture and distribution of products made with a variety of metals such as aluminum, galvalume, stainless steel and galvanized steel, for the construction industry, among others. This […]
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Puerto Rico’s self-employed individuals with staff now eligible for up to $1,500 incentive
marzo 31, 2020
The Department of Economic Development and Commerce and the Treasury Department have reached an agreement so that those people who do business individually and have employees may receive an economic incentive of up to $1,500 — the same as a small and medium-sized company — to compensate for losses related to the COVID-19 emergency. The […]
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1st phase of PR government’s ‘Assets Map’ unveiled
diciembre 15, 2017
The Puerto Rico government's main economic development agency unveiled Thursday the first phase of the Asset Map, created to attract new investment, create jobs and promote economic development in different regions of the island.
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