DDEC grants $1M to UPR-RUM to promote agricultural collabs
May 27, 2024
The partnership includes a $1 million incentive to the university. #NewsismyBusiness
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Tourism Co. unveils ‘Take Off,’ 1st business accelerator for sector SMEs
April 26, 2024
Qualified companies will be eligible to receive an economic incentive of up to $5,000 as capital for expansion and growth. #NewsismyBusiness
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Gov’t divulges guidelines to apply for $25K green energy incentive
November 4, 2021
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 […]
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Rums of Puerto Rico assigns $2.5M in aid for bar owners, bartenders
June 1, 2021
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, […]
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Puerto Rico residents have until Friday to claim $1,200 incentive
December 17, 2020
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 […]
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Puerto Rico’s self-employed individuals with staff now eligible for up to $1,500 incentive
March 31, 2020
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 […]
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Puerto Rico’s self-employed may request $500 incentive starting Mar. 30
March 27, 2020
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 […]
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Auto dealer offers up to $3K to help consumers upgrade
August 6, 2014
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.
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Gov’t assigns $25M to retain, create jobs for youth
January 9, 2014
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.
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T-Mobile USA employees gather in SJ for incentive trip
March 7, 2012
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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