The partnership includes a $1 million incentive to the university. #NewsismyBusiness
Qualified companies will be eligible to receive an economic incentive of up to $5,000 as capital for expansion and growth. #NewsismyBusiness
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 that starting June 3, its Rums of Puerto Rico program, jointly with the brands it represents, will distribute $2.5 million in incentives to members of the alcoholic beverages sales and service industry. The funds will go to bar owners, alcoholic beverage retailers and mixologists/bartenders, […]
Individuals residing in Puerto Rico during the year 2019 or 2020 have until Friday to request the $1,200 economic incentive approved by the federal government earlier this year to mitigate the effects of COVID-19, Treasury Department Secretary Francisco Parés-Alicea said. “We urge citizens who have not completed the CARES Act financial aid application to do […]
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 […]
Puerto Rico Treasury Secretary Francisco Parés announced that starting Monday and through May 1, individuals who are self-employed will be able to request the $500 economic incentive announced by the governor, through the agency’s Unified Internal Revenue System (SURI, in Spanish). “Following the Strategic Plan to reactivate the economy, announced by Gov. Wanda Vázquez, on […]
Given the large volume of people driving around cars that have surpassed their useful life in the market, a Puerto Rican auto dealership has come up with an incentive to help consumers upgrade to a newer unit.
The Workforce Development Administration and the Office of Youth Affairs announced Wednesday a joint initiative that will provide $25 million to create and retain jobs for employees between 18 and 29 years old.
Some 500 T-Mobile employees and an additional 800 companions visited Puerto Rico recently as part of the sales and service incentive trip the wireless carrier offers its nationwide staff.
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