An Estudios Técnicos report indicates that the island needs to establish a self-sustaining economic development plan to reduce its dependency, despite the funds’ contribution to stability post-Hurricane Maria and during the pandemic. #NewsismyBusiness
Supported by the foundation’s Small Business Incubators and Accelerators Program, 53 individuals from 19 towns have developed new businesses. #NewsismyBusiness
The chosen companies from multiple countries will join the Puerto Rican-based economic development initiative with the goal of scaling to global markets. #NewsismyBusiness
The community will work on improving the quality of sophisticated cargo handling and market Puerto Rico’s capabilities in the life science sector around the world, the DDEC stated in a release. #NewsismyBusiness
Guidance will be offered at the free Mayagüez event to entrepreneurs seeking to start or expand their businesses.
InvestPR partners with Sound Diplomacy to implement a plan that delivers "economic and social benefits."
Invest Puerto Rico, the island’s economic development organization, revealed in its Fiscal Year 2022 annual report that it locked down more than 6,000 business leads, 2,000 prospective opportunities, the establishment of more than 700 new businesses, commitments by companies of nearly 5,000 jobs, and more than $350 million in capital investment. During a roundtable with […]
Our economic future is at a crossroads.
The Vieques Sustainable Economic Development Council — created earlier this year to move the economy of the island municipality forward — presented to Gov. Pedro Pierluisi a multi-strategy plan to develop tourism, jobs, improve transportation, health, infrastructure, energy, security, education, and special projects. One of the steps taken by the Council is to recommend that […]
Invest Puerto Rico — a nonprofit investment promotion organization — confirmed that it was able to lock down commitments generating almost 5,000 jobs, with $270 million in capital investment for the island in Fiscal 2021. Those achievements will be included in the entity’s final report to be released in a few months, Ella Woger-Nieves, chief […]
Titín Foundation, in collaboration with the US Economic Development Administration (EDA) announced the launch of “Apostemos por el Sur,” an effort to convey the creation of the first economic district in southern Puerto Rico. The pilot program for the island’s first Economic Development District will cover the towns of Juana Díaz, Ponce, Peñuelas, Guayanilla, Yauco […]
Given the need in Puerto Rico for safe and resilient structures due to the frequency of storms and seismic events, and to help phase out life-threatening, irregular construction, the Department of Economic Development and Commerce (DDEC, in Spanish) announced the availability of free housing blueprints. “Through these plans to develop safe homes, we offer an […]
The Latino Center for Economic Development (LEDC) announced that it opened a new office in Mayagüez, making it the only community development financial institution on the island’s west side. The office will work to strengthen and expand Puerto Rico’s business ecosystem and build resilience among local businesses, providing access to capital, officials said. “In LEDC […]
Puerto Rico’s Economic Development and Commerce Secretary Manuel Laboy is betting on a handful of new online products to be launched in the next four to six weeks to speed up and streamline the government’s permitting process. During an interview with the “En Una Hora” program on 11Q 1140 AM, in which News is my […]
Economic Development and Commerce Secretary Manuel Laboy and Puerto Rico Film Commissioner Pedro Rúa-Jovet discuss the status of Puerto Rico's film industry, and what lies ahead for 2019 and beyond.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA