Academia, private and public sectors join to generate better job opportunities through technology.
Participants will visit Bogotá and Medellín.
The “PRopósito” plan seeks to make the island the preferred place to live in the world.
There are funds available to enable entities in both Puerto Rico and Spain to finance tech collaboration projects.
Puerto Rico’s proposal has moved on to the second phase of 60 selected across the nation that are vying for $100 million in funds.
The Department of Economic Development and Trade announced that the Trade and Export Program will carry out a commercial mission to Spain, which will take place April 4-8, with the support of a State Trade and Export Promotion grant from the U.S. Small Business Administration. Entrepreneurs interested in participating in this trade mission have until […]
Beneficiaries of the Individual Investor Incentive program under Law 60, or the Puerto Rico Tax Code, paid nearly $100 million in taxes in 2017 and 2018, according to the Department of Economic Development and Commerce’s (DDEC, in Spanish) “Annual Report on the performance of the incentives granted under the Puerto Rico Incentives Code.” The first […]
The Department of Economic Development and Commerce (DDEC, in Spanish) has revoked 121 tax incentive decrees to Act 22 (now Act 60) beneficiaries who failed to submit annual reports to the agency, as the law required. Carlos Fontán, director of the DDEC’s office of business incentives in Puerto Rico, said in April, the agency began […]
The Department of Economic Development and Commerce (DDEC, in Spanish) confirmed that the guidelines are ready to request the “Apoyo Energético” incentive, amounting to up to $25,000, to install sustainable energy systems on small- and mid-sized businesses. This program was developed to help SME’s stabilize their operations, as well as reduce costs and long-term energy […]
The Department of Economic Development and Commerce (DDEC, in Spanish) announced the start of the application cycle for Youth Development Program’s Teodoro Moscoso Scholarship, aimed at students of technical, vocational, or hard-to-recruit careers, or who show economic need, who can win up to $40,000. The awards are divided into two categories — the first is […]
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Office of Business Incentives announced it has granted tax exemption incentives to 25 young entrepreneurs from 15 municipalities throughout the island to develop new businesses. The agreements provide, for a period of three years, the following benefits: 100% exemption in the payment of tax on […]
The Department of Economic Development and Commerce (DDEC, in Spanish) announced a call for employers looking to hire staff interested in participating in a Recruitment Fair, sponsored by the agency’s Labor Development Program (PDL, in Spanish). Agency Secretary Manuel Cidre encouraged anyone interested in entering the job market to attend the event slated for Oct. […]
Looking to promote and strengthen the presence and incursion of local companies into the Dominican Republic market, the Department of Economic Development and Commerce (DDEC, in Spanish), through its Trade and Export Program, is recruiting for the first in-person multisectoral trade mission since the start of the pandemic, from Nov. 30-Dec. 3, 2021. “Currently, the […]
The Department of Economic Development and Commerce (DDEC, in Spanish) and the University of Puerto Rico’s Mayagüez campus, signed a collaborative agreement to launch the second call for the Puerto Rico Innova program — a project that seeks local entrepreneurs — of which finalists may request a $100,000 incentive. The finalists may also request a […]
Academics and leaders of different educational institutions, as well as representatives of several business and government sectors drew up joint plans that will result in the development of the workforce and increase the competitiveness of Puerto Rico as an investment destination. The strategy was part of the “Academy Meets the Industry” roundtable at the General […]
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