The Department of Economic Development and Commerce announced support for seven Puerto Rico-based companies in the food and textile production sector, whose total investments are close to $3.1 million and the creation of more than 700 jobs. The agency is supporting the expansion of Productos Chebo’s, Amasar LLC, Farm City, and Productos La Finca, which […]
The Robot Makers initiative entered its final phase with the participation of 250 students from middle schools, high schools and universities, Department of Economic Development and Commerce Secretary Manuel Laboy announced. “In the past three years, more than 1,300 students have participated in the Robot Makers initiative, carried out by the Department of Economic Development […]
The Department of Economic Development and Commerce unveiled a master plan to develop the $300 million Puerto Rico Ocean Technology Complex, or PROtech, to generate thermal ocean energy. Agency Secretary Manuel Laboy also unveiled plans to seek new energy sources through other eco-friendly developments and scientific research along Puerto Rico’s southeast area. “This project is […]
Members of Puerto Rico’s manufacturing sector, whose contributions to the local economy represent 57% of the Commonwealth’s adjusted gross income, reiterated their commitment to the island, jointly with the government. During a roundtable discussion, several public and private entities — the Department of Economic Development and Commerce, the Puerto Rico Manufacturers Association, Medtronic, Quesos Vaca […]
The Department of Economic Development and Commerce and the Municipality of Ponce inaugurated the Research and Technology Development Center in Ponce to promote the development of student research projects in the areas of Science, Technology, Engineering and Mathematics. “We celebrate that a project that began taking shape last year is now a reality, we’re joining […]
Department of Economic Development and Commerce Secretary Manuel A. Laboy Rivera is taking part in Hannover Messe 2019, an international event in Germany where he will promote Puerto Rico as an investment destination, through the opportunity zones in multiple sectors including research and technology development. “The purpose of the event is to promote investment in new […]
As part of the Department of Economic Development and Commerce’s "Year of the Puerto Rican film,” agency executives announced 10 local productions will receive $1 million in support through the Film Investment Fund.
Puerto Rico Economic Development and Commerce Department Secretary-designate Manuel Laboy-Rivera said Tuesday given the island’s fiscal crisis, he has already begun implementing the economic measures set forth by Gov. Ricardo Rosselló this week.
Forty-four Puerto Rican entrepreneurs will receive more than $500,000 in crowdfunding and grants to jumpstart their businesses as a result of their participation in Hit3001.com, a 12-episode reality TV program turning up-and-coming business leaders into hits.
Integrating the Puerto Rico Film Commission into the Economic Development and Commerce Department will “help align Puerto Rico’s strategies to promote the film industry, while generating efficiencies to maintain the Film Fund,” said the latter agency’s Chief Alberto Bacó-Bagué Wednesday.
The government of Puerto Rico plans to spend $750,000 over a 12 month-period starting in June to open and run commercial offices in Colombia and Perú — and launch a magazine to document its actions — to drum up business in Latin America and establish the island as the bridge between that region, Europe and the United States.
Looking to boost the island’s film industry, the Puerto Rico Film Commission announced the start of this year’s funding cycle for fiction feature films, which runs from today through Sept. 26.
The Puerto Rico Economic Development and Commerce Department, Puerto Rico Trade and Export and the Centro para Puerto Rico — headed by former Gov. Sila Calderón — signed a collaboration agreement Wednesday to create of 200 new jobs and develop an incubator for community enterprises in 2014.
Members of the government’s economic team, headed by Economic Development and Commerce Secretary José Pérez-Riera, will host the third edition of the Economic Development Summit, Sept. 27 at the Sheraton Convention Center.
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