The Department of Economic Development and Commerce (DDEC in Spanish), announced the launch of several initiatives aimed specifically at local small and medium-sized enterprises (SMEs) with the purpose to provide capital for the development of several commercial activities that promote economic growth and jobs. These funding programs were announced during the Expo Desarrollo Pymes, an […]
In Puerto Rico, prior to the COVID-19 pandemic, small and medium businesses (SME) accounted for about 75% of all private employment; and nearly 85% of the 6,000 tourism-related businesses were SME. These facts create an urgency to restore external tourism, as soon as possible. On the other hand, reopening tourism-related businesses and managing their recovery […]