The Senate’s Social and Economic Revitalization Committee recently held public hearings on Bill 374 that seeks to amend the Incentives law for the generation and retention of small and medium sized enterprise jobs.
The top Democrat on the House Small Business Committee, Rep. Nydia M. Velázquez (D-NY), unveiled Thursday an array of legislative proposals aimed at igniting small business growth and entrepreneurship in Puerto Rico.
A new study released Monday by the Federal Reserve Bank of New York showed that the majority of Puerto Rico’s small businesses both in and outside the San Juan metropolitan area have few employees and annual revenues under $250,000, among other similarities.