This initiative is part of a collaborative agreement between the DDEC, the Ana G. Méndez University, AWS re/Start and the Center for Entrepreneurs.
Nominations will be received until April 20, 2022, via e-mail.
The Department of Economic Development and Commerce (DDEC in Spanish), announced the launch of several initiatives aimed specifically at local small and medium-sized enterprises (SMEs) with the purpose to provide capital for the development of several commercial activities that promote economic growth and jobs. These funding programs were announced during the Expo Desarrollo Pymes, an […]
Starting today, Puerto Rico-based small and mid-sized businesses will be able to request an incentive for up to $25,000 to install green energy systems through the Department of Economic Development and Commerce’s (DDEC, in Spanish) Apoyo Energético website. The registry closed on Dec. 10 with more than 70 SMEs signing up to provide services to […]
As a result of a series of roundtables headed by the Central Office of Recovery, Reconstruction and Resiliency (COR3), its Executive Director Manuel Laboy signed two collaborative agreements with the medical devices and tourism sectors to provide data that allow the development of strategic marketing plans that promote investment in the island. “The reconstruction process […]
The Department of Economic Development and Commerce (DDEC, in Spanish), through its Labor Development Program, will be holding a job recruitment fair to fill 4,000 restaurant jobs, the agency announced. The event — organized in collaboration with the Puerto Rico Restaurants Association (ASORE, in Spanish) and the Department of Labor and Human Resources— will take […]
Hewlett Packard Enterprise (HPE) has been granted an exemption from the government of Puerto Rico covering the production, sale, and operation of Highly Efficient Energy, including combined heat and power systems operated by liquefied natural gas (LNG) or renewable liquified natural gas (RLNG), on a commercial scale. This incentive has been granted as an investment […]
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 […]
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 […]
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 […]
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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