Pan Pepín’s expansion will increase its workforce to 500 full-time employees. #NewsismyBusiness
DDEC’s Federal Contracting Center will host events to increase local business participation. #NewsismyBusiness
The collaboration will promote the development of 50 business ideas or emerging businesses throughout Puerto Rico. #NewsismyBusiness
The project seeks to create corals that cushion the impact of waves on the coasts. #NewsismyBusiness
The accrued value of retail sales during the 11 months of calendar year 2022 reached $33.7 billion.
Bettina Cosmetics, Techno Plastics Industries Inc., Prime Air and Steel and Pipes will benefit and invest.
The effort aims to raise awareness and educate about job development services in Puerto Rico.
The Department of Economic Development and Commerce has $1.2 million available for scholarships this year.
About 40% of the 10,000 applications filed correspond to businesses from the southern and southwestern municipalities.
The DDEC will assign an additional $3 million to the Emergency Incentive for Small and Medium Enterprises.
To qualify, the SMEs must have generated $1.5 million or less in recent tax years, regardless of the number of employees on their payroll.
The initiative will be supported by the tools provided by the Workforce Innovation and Opportunities Act.
The event will take place at the Palacio de Recreación y Deportes Wilkins Vélez-Ramírez.
This initiative is part of a collaborative agreement between the DDEC, the Ana G. Méndez University, AWS re/Start and the Center for Entrepreneurs.
The agency also announced the winner of the Puerto Rico INNOVA competition.
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