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Invest Puerto Rico

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uuid0005k3p

Namestring
Invest Puerto Rico
Legal namestring
Invest Puerto Rico, Inc.
Websiteurl
investpr.org
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Invest Puerto Rico (InvestPR) is a private, non-profit economic development organization founded in 2019 and headquartered in San Juan, Puerto Rico. It serves as the island's official investment promotion agency, functioning as the central intermediary between multinational corporations, site selectors, and Puerto Rico's investment ecosystem. InvestPR coordinates with the Puerto Rico Department of Economic Development and Commerce (DEDC) to promote the Puerto Rico Incentives Code (Act 60) and facilitate site selection, workforce development, real estate assistance, and government coordination for companies evaluating or establishing operations on the island.

InvestPR's service portfolio includes business tools (Service Directory, Investment Opportunities portal, Workforce Dashboard, Impeller) and support services (Relocation Resources, Real Estate, Organizational Support, Workforce Support). Its primary customer segments are multinational manufacturers, bioscience companies, aerospace and defense contractors, technology and ICT firms, and professional services organizations. Notable facilitated investments include a $46 million biologics manufacturing facility by PharmaEssentia in Toa Baja (90+ direct jobs), and the organization cites relationships with Lufthansa Group, Bacardi, HP, and Big Four accounting firms as anchor investors.

The organization operates an enterprise field sales motion, engaging directly with site selectors and corporate decision-makers through familiarization tours, industry events, digital marketing, and coordinated government outreach. As a non-profit, InvestPR does not generate commercial revenue from its services; its operations are funded through government, private sector, and partner support. Its growth is measured in FDI deal flow, capital investment, and jobs created rather than revenue, with fiscal year 2025 reportedly showing significant growth in new business, investment, and jobs.

Short descriptiontext

Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination. It facilitates site selection, workforce matching, and Act 60 tax incentive access for multinational corporations across biosciences, manufacturing, aerospace, technology, and professional services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSan Juan, Puerto Rico
HQ citystring
San Juan
HQ countrystring
Puerto Rico
HQ regionstring
Latin America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
economic development services, foreign direct investment, site selection assistance, investment promotion services, workforce matching services
Industry3 codes
1Entrepreneurship & Small Business Workforce Programs
CodeEDAAAOAMPrimaryYes
2HR Events: Onboarding, Engagement & Culture Programs
CodeTHAHAIAFPrimaryNo
3Social Entrepreneurship & Impact Business
CodeEDAMAHAKPrimaryNo
NAICS code2 codes
  • Management of Companies and Enterprises55111
  • Promoters of Performing Arts, Sports, and Similar Events7113
SIC code1 code
  • Services-Membership Organizations8600
Product category
Economic Development Services
GTM motion1 record

Each record includes

Type, Description, Source

Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Marketing or Sales, Operations, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination to attract foreign direct investment and new business. It provides site selection assistance, workforce matching, real estate and relocation support, government coordination, and access to tax incentives under the Puerto Rico Incentives Code (Act 60). The organization serves multinational corporations across biosciences, advanced manufacturing, aerospace, technology, and professional services sectors.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Invest Puerto Rico is an economic development organization that operates as a platform offering multiple services and business tools to attract investment to the island. The portfolio includes the Service Directory, Service Providers Directory, Investment Opportunities portal, Workforce Dashboard, and Impeller as core business tools. These are complemented by support services including Relocation Resources, Real Estate Services, Organizational Support, and Workforce Support. The organization focuses on key sectors including Biosciences, Advanced Manufacturing, Aerospace, Technology and ICT, and Professional Services, positioning Puerto Rico as an investment destination leveraging its U.S. jurisdiction status, tax incentives (Act 60), skilled bilingual workforce, and strategic location.

Product and service8 records
1Service Directory
2Investment Opportunities
3Workforce Dashboard
4Impeller
5Relocation Resources
6Real Estate Services
7Organizational Support
8Workforce Support
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
1Global Site Selectors and Investment Advisors
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-16
Description

Invest Puerto Rico hosted a delegation of global site selectors and investment advisors for a familiarization tour evaluating Puerto Rico as a strategic U.S. platform for supply-chain resilience and industrial expansion. This partnership network serves as a key channel for attracting foreign direct investment.

investpr.org
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-13
Description

Invest Puerto Rico facilitated PharmaEssentia's establishment of a $46 million biologics manufacturing facility in Toa Baja, Puerto Rico. The Taiwan-based biopharmaceutical company will produce BESREMi (ropeginterferon alfa-2b) for treating hematologic diseases, expected to create 90+ direct jobs with manufacturing targeted to begin by 2027.

3Puerto Rico Government
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Invest Puerto Rico coordinates with Puerto Rico government agencies and the Department of Economic Development and Commerce (DEDC) to facilitate investment, provide incentives under Act 60, and support companies establishing operations on the island.

investpr.org
4Puerto Rico Incentives Code (Act 60)
Strategic tierCoreTypeOthers
Description

Act 60 (Puerto Rico Incentives Code) provides the legal framework for tax benefits including reduced corporate tax rates, capital gains exemptions, and R&D incentives that Invest Puerto Rico promotes to attract investment.

investpr.org
580+ Universities in Puerto Rico
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Puerto Rico's universities (80+) that graduate 50% of students in STEM fields serve as a key talent partnership, providing the skilled bilingual workforce that attracts companies to invest in Puerto Rico.

investpr.org
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Various industry associations support companies and entrepreneurs, working with Invest Puerto Rico to provide networking, advocacy, and business development services.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Marketing partner organization promoting Puerto Rico as a destination, working in coordination with Invest Puerto Rico for economic development.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Ireland's inward investment promotion agency. Operates with the same FDI-attraction playbook (tax incentives, talent pipeline, sector targeting) as InvestPR and serves as the benchmark for sub-national EDOs marketing a single jurisdiction globally.

2SelectUSA
TypeBroad incumbent
Description

The U.S. Department of Commerce's flagship federal investment promotion program. Direct functional analog to InvestPR at the national level, attracting FDI into the broader United States; comparable in mission but vastly larger in scope and resources.

TypeDirect peer
Description

Singapore's lead government agency for economic development. Comparable function to InvestPR — attracting multinational investment, facilitating site selection, coordinating incentives, and developing sector clusters — though at far greater scale and sophistication.

TypeRegional player
Description

Council of Governments public-private partnership marketing the Phoenix metro for FDI. Comparable to InvestPR in facilitating site selection and workforce alignment for advanced manufacturing and tech entrants in a U.S. jurisdiction.

TypeRegional player
Description

New York City's mission-driven economic development organization. Comparable in function (job creation, sector development, real estate facilitation) and non-profit public-benefit structure to InvestPR.

TypeDirect peer
Description

Public-private partnership serving as Florida's principal economic development organization. Closest U.S. sub-national peer to InvestPR in terms of mission, structure, and sector focus (advanced manufacturing, life sciences, aerospace).

7FDI Mexico
TypeRegional player
Description

Mexico-focused inward investment promotion organization. Comparable in mission to InvestPR but positioned in the nearshoring space that increasingly competes with Puerto Rico for U.S.-bound manufacturing capacity.

TypeRegional player
Description

City of Atlanta's economic development authority attracting business investment. Comparable in scope (FDI attraction, site selection support, incentive coordination) and serves as a U.S. urban EDO analog to InvestPR.

TypeDirect peer
Description

UK government department responsible for trade policy and inward investment promotion. Comparable mandate to InvestPR at a national level — promoting the UK as a destination for foreign direct investment.

TypeDirect peer
Description

Japanese government-related organization promoting trade and inward investment. Functions similarly to InvestPR in attracting foreign companies and supporting cross-border investment flows.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Invest Puerto Rico

Economic Development Servicesinvestpr.org

Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination. It facilitates site selection, workforce matching, and Act 60 tax incentive access for multinational corporations across biosciences, manufacturing, aerospace, technology, and professional services.

What Invest Puerto Rico does

Invest Puerto Rico (InvestPR) is a private, non-profit economic development organization founded in 2019 and headquartered in San Juan, Puerto Rico. It serves as the island's official investment promotion agency, functioning as the central intermediary between multinational corporations, site selectors, and Puerto Rico's investment ecosystem. InvestPR coordinates with the Puerto Rico Department of Economic Development and Commerce (DEDC) to promote the Puerto Rico Incentives Code (Act 60) and facilitate site selection, workforce development, real estate assistance, and government coordination for companies evaluating or establishing operations on the island.

InvestPR's service portfolio includes business tools (Service Directory, Investment Opportunities portal, Workforce Dashboard, Impeller) and support services (Relocation Resources, Real Estate, Organizational Support, Workforce Support). Its primary customer segments are multinational manufacturers, bioscience companies, aerospace and defense contractors, technology and ICT firms, and professional services organizations. Notable facilitated investments include a $46 million biologics manufacturing facility by PharmaEssentia in Toa Baja (90+ direct jobs), and the organization cites relationships with Lufthansa Group, Bacardi, HP, and Big Four accounting firms as anchor investors.

The organization operates an enterprise field sales motion, engaging directly with site selectors and corporate decision-makers through familiarization tours, industry events, digital marketing, and coordinated government outreach. As a non-profit, InvestPR does not generate commercial revenue from its services; its operations are funded through government, private sector, and partner support. Its growth is measured in FDI deal flow, capital investment, and jobs created rather than revenue, with fiscal year 2025 reportedly showing significant growth in new business, investment, and jobs.

Invest Puerto Rico firmographics

Firmographics
Name
Invest Puerto Rico
Legal name
Invest Puerto Rico, Inc.
Website
https://investpr.org
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
11–50 employees
Short description
Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination. It facilitates site selection, workforce matching, and Act 60 tax incentive access for multinational corporations across biosciences, manufacturing, aerospace, technology, and professional services.
Ownership category
akta.pro rank

Invest Puerto Rico industry classification

Industry
Product category
Economic Development Services
NAICS
Management of Companies and Enterprises (55111), Promoters of Performing Arts, Sports, and Similar Events (7113)
SIC
Services-Membership Organizations (8600)
akta.pro primary industry
Entrepreneurship & Small Business Workforce Programs (EDAAAOAM)
akta.pro secondary industries
HR Events: Onboarding, Engagement & Culture Programs (THAHAIAF), Social Entrepreneurship & Impact Business (EDAMAHAK)

Keywords

  • Economic development services
  • Foreign direct investment
  • Site selection assistance
  • Investment promotion services
  • Workforce matching services

Where Invest Puerto Rico is headquartered

Location

Headquarters

HQ city
San Juan
HQ country
Puerto Rico
HQ region
Latin America

Offices1 record

Markets served

Invest Puerto Rico business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Marketing or Sales, Operations, Others

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Invest Puerto Rico product offering

Product offering

Core offering

Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination to attract foreign direct investment and new business. It provides site selection assistance, workforce matching, real estate and relocation support, government coordination, and access to tax incentives under the Puerto Rico Incentives Code (Act 60). The organization serves multinational corporations across biosciences, advanced manufacturing, aerospace, technology, and professional services sectors.

Product overview

Invest Puerto Rico is an economic development organization that operates as a platform offering multiple services and business tools to attract investment to the island. The portfolio includes the Service Directory, Service Providers Directory, Investment Opportunities portal, Workforce Dashboard, and Impeller as core business tools. These are complemented by support services including Relocation Resources, Real Estate Services, Organizational Support, and Workforce Support. The organization focuses on key sectors including Biosciences, Advanced Manufacturing, Aerospace, Technology and ICT, and Professional Services, positioning Puerto Rico as an investment destination leveraging its U.S. jurisdiction status, tax incentives (Act 60), skilled bilingual workforce, and strategic location.

Differentiator

Problem solved

Functional benefit

Products and services

  • Service Directory
  • Investment Opportunities
  • Workforce Dashboard
  • Impeller
  • Relocation Resources
  • Real Estate Services
  • Organizational Support
  • Workforce Support

Companies that use Invest Puerto Rico

Customer profile

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Invest Puerto Rico technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Invest Puerto Rico partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core, flagship and supporting.

  • Global Site Selectors and Investment AdvisorscoreStrategic or Co-development Partner · 16 March 2026Invest Puerto Rico hosted a delegation of global site selectors and investment advisors for a familiarization tour evaluating Puerto Rico as a strategic U.S. platform for supply-chain resilience and industrial expansion. This partnership network serves as a key channel for attracting foreign direct investment.
  • PharmaEssentiaflagshipStrategic or Co-development Partner · 13 February 2026Invest Puerto Rico facilitated PharmaEssentia's establishment of a $46 million biologics manufacturing facility in Toa Baja, Puerto Rico. The Taiwan-based biopharmaceutical company will produce BESREMi (ropeginterferon alfa-2b) for treating hematologic diseases, expected to create 90+ direct jobs with manufacturing targeted to begin by 2027.
  • Puerto Rico GovernmentcoreStrategic or Co-development PartnerInvest Puerto Rico coordinates with Puerto Rico government agencies and the Department of Economic Development and Commerce (DEDC) to facilitate investment, provide incentives under Act 60, and support companies establishing operations on the island.
  • Puerto Rico Incentives Code (Act 60)coreOthersAct 60 (Puerto Rico Incentives Code) provides the legal framework for tax benefits including reduced corporate tax rates, capital gains exemptions, and R&D incentives that Invest Puerto Rico promotes to attract investment.
  • 80+ Universities in Puerto RicocoreStrategic or Co-development PartnerPuerto Rico's universities (80+) that graduate 50% of students in STEM fields serve as a key talent partnership, providing the skilled bilingual workforce that attracts companies to invest in Puerto Rico.
  • Industry AssociationssupportingStrategic or Co-development PartnerVarious industry associations support companies and entrepreneurs, working with Invest Puerto Rico to provide networking, advocacy, and business development services.
  • Discover Puerto RicosupportingStrategic or Co-development PartnerMarketing partner organization promoting Puerto Rico as a destination, working in coordination with Invest Puerto Rico for economic development.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Invest Puerto Rico competitors and assessment

Company assessment

Direct peers

  • IDA Ireland: Ireland's inward investment promotion agency. Operates with the same FDI-attraction playbook (tax incentives, talent pipeline, sector targeting) as InvestPR and serves as the benchmark for sub-national EDOs marketing a single jurisdiction globally.
  • Singapore Economic Development Board: Singapore's lead government agency for economic development. Comparable function to InvestPR — attracting multinational investment, facilitating site selection, coordinating incentives, and developing sector clusters — though at far greater scale and sophistication.
  • Enterprise Florida: Public-private partnership serving as Florida's principal economic development organization. Closest U.S. sub-national peer to InvestPR in terms of mission, structure, and sector focus (advanced manufacturing, life sciences, aerospace).
  • UK Department for Business and Trade: UK government department responsible for trade policy and inward investment promotion. Comparable mandate to InvestPR at a national level — promoting the UK as a destination for foreign direct investment.
  • JETRO (Japan External Trade Organization): Japanese government-related organization promoting trade and inward investment. Functions similarly to InvestPR in attracting foreign companies and supporting cross-border investment flows.

Broad incumbents

  • SelectUSA: The U.S. Department of Commerce's flagship federal investment promotion program. Direct functional analog to InvestPR at the national level, attracting FDI into the broader United States; comparable in mission but vastly larger in scope and resources.

Regional players

  • Greater Phoenix Economic Council: Council of Governments public-private partnership marketing the Phoenix metro for FDI. Comparable to InvestPR in facilitating site selection and workforce alignment for advanced manufacturing and tech entrants in a U.S. jurisdiction.
  • NYC Economic Development Corporation: New York City's mission-driven economic development organization. Comparable in function (job creation, sector development, real estate facilitation) and non-profit public-benefit structure to InvestPR.
  • FDI Mexico: Mexico-focused inward investment promotion organization. Comparable in mission to InvestPR but positioned in the nearshoring space that increasingly competes with Puerto Rico for U.S.-bound manufacturing capacity.
  • Invest Atlanta: City of Atlanta's economic development authority attracting business investment. Comparable in scope (FDI attraction, site selection support, incentive coordination) and serves as a U.S. urban EDO analog to InvestPR.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Invest Puerto Rico social profiles

Digital presence

Invest Puerto Rico financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Invest Puerto Rico leadership team

Management profile

Number of profiles

Invest Puerto Rico funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Invest Puerto Rico M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Invest Puerto Rico

What does Invest Puerto Rico do?

Invest Puerto Rico is a non-profit economic development organization that promotes Puerto Rico as an investment destination to attract foreign direct investment and new business. It provides site selection assistance, workforce matching, real estate and relocation support, government coordination, and access to tax incentives under the Puerto Rico Incentives Code (Act 60). The organization serves multinational corporations across biosciences, advanced manufacturing, aerospace, technology, and professional services sectors.

Is Invest Puerto Rico a public or private company?

Invest Puerto Rico is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Invest Puerto Rico founded?

Invest Puerto Rico was founded in 2017. It employs 11 to 50 people.

Where is Invest Puerto Rico based?

Invest Puerto Rico is headquartered in San Juan, Puerto Rico, in the Latin America region.

Who are Invest Puerto Rico's main competitors?

Direct peers on record are IDA Ireland, Singapore Economic Development Board, Enterprise Florida, UK Department for Business and Trade and JETRO (Japan External Trade Organization). SelectUSA is listed as a broad incumbent. Regional players are Greater Phoenix Economic Council, NYC Economic Development Corporation, FDI Mexico and Invest Atlanta.

Does Invest Puerto Rico have an API?

No public API is recorded for Invest Puerto Rico.

What industry is Invest Puerto Rico in?

Invest Puerto Rico's product category is Economic Development Services. Its primary akta.pro industry code is EDAAAOAM, Entrepreneurship & Small Business Workforce Programs, with a secondary code of THAHAIAF, HR Events: Onboarding, Engagement & Culture Programs. Its NAICS code is 55111 and its SIC code is 8600.

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Live signals
뉴스톱엘라 워저 “美 진출 노리면 푸에르토리코는 기회의 땅” - 뉴스톱Ella Woger-Nieves, CEO of InvestPR, said Puerto Rico offers Korean firms a strategic foothold with tax incentives and a skilled workforce. The Act 60 policy exempts federal corporate income tax, and R&D investments receive 50% tax credits. She plans to expand Korean business connections during her recent visit.PharmiWeb.comPharmaEssentia Signs Investment Agreement for New Manufacturing Facility in Puerto RicoPharmaEssentia Corporation announced on March 26 that it signed an investment agreement for a new manufacturing facility in Toa Baja, Puerto Rico, marking a key milestone in the company's strategy to establish a dual-site manufacturing network spanning Taiwan and the United States. The facility, designed to the same high-quality standards as the existing Taichung site, is planned to begin operations in 2027 and will strengthen global supply chain resilience while supporting U.S. market access for its FDA-approved drug BESREMi® (ropeginterferon alfa-2b-njft). The signing ceremony was attended by Puerto Rico government officials and Taipei Economic and Cultural Office representatives, underscoring bilateral collaboration between Taiwan and the United States in life sciences manufacturing.InvestprGlobal Site Selectors Visit Puerto RicoInvest Puerto Rico hosted a delegation of global site selectors and investment advisors this week for a familiarization tour evaluating the island as a strategic U.S. platform for supply-chain resilience and industrial expansion.SanjuandailystarBiopharmaceutical firm to set up plant in PR with $46 million investmentTaiwan-based biopharmaceutical company PharmaEssentia announced plans to establish a biologics manufacturing facility in Puerto Rico with a $46 million investment, expected to create more than 90 direct jobs. The facility will produce BESREMi (ropeginterferon alfa-2b) for treating hematologic diseases, with manufacturing targeted to begin by 2027 pending regulatory approvals. The project was facilitated by Invest Puerto Rico as part of the island's broader strategy to attract advanced manufacturing under a government reshoring initiative.FortunePuerto Rico is trying to lure manufacturing to the island to avoid Trump’s tariff warPuerto Rico is actively courting international manufacturing companies to relocate operations to the island, leveraging its exemption from U.S. tariffs under the current trade war, with government officials and Invest Puerto Rico identifying 75 to 100 companies in aerospace, pharmaceuticals, and medical devices as potential relocation targets and planning nearly 20 trips this year to attract further investment. The initiative aims to strengthen Puerto Rico's fragile economy as it emerges from historic bankruptcy and faces potential major cuts in federal funding, with manufacturing representing nearly half of the island's GDP and $25 billion in exports in 2024. However, significant obstacles remain, including chronic power outages from the hurricane-damaged grid, high energy costs, a requirement to ship goods on U.S.-flagged vessels, and competition from countries like Vietnam, South Korea, Malaysia, and Singapore with more established manufacturing infrastructure.PR NewswireInvest Puerto Rico partners with Newlab to turn waste and resources into new solutions and productsInvest Puerto Rico and Newlab have formed a strategic partnership to develop innovative solutions for converting waste materials such as sargassum seaweed, plastics, and tires into value-added products. The initiative aims to address Puerto Rico's waste crisis by piloting technologies that support a circular economy and reduce dependency on imports, with pilot projects scheduled to launch in late 2023 and early 2024.PR NewswireInvest Puerto Rico se asocia con Newlab para convertir residuos y recursos en nuevas soluciones y productosInvest Puerto Rico and Newlab have formed a strategic alliance to develop innovative solutions for converting waste materials such as sargassum, plastics, and tires into valuable products. The initiative aims to address Puerto Rico's severe waste crisis by piloting circular economy technologies with local entrepreneurs, with pilot projects scheduled for late 2023 and early 2024.PR NewswireFirman acuerdo colaborativo para aprovechar oportunidades de negocio entre Puerto Rico y LatinoaméricaInvest Puerto Rico (IPR) and the Red Internacional de Negocios (RIN) signed a collaborative agreement on May 25, 2022, in San Juan, Puerto Rico, to promote and attract new businesses and investment to the island. Under the agreement, IPR will provide informational content and support services to RIN member companies interested in commercial ties with Puerto Rico, while RIN will grant access to its network of over 150 commercial and institutional partners across more than 21 countries in Latin America and beyond. The initiative aims to position Puerto Rico as a commercial bridge between the Americas, Europe, and the world, with the RIN chapter in Puerto Rico facilitating investment opportunities for both Puerto Rican companies seeking expansion into Latin America and Latin American companies looking to enter the U.S. market.PR NewswireEl "FESTIVAL DE LA DIÁSPORA" CONVOCARÁ A LÍDERES EMPRESARIALES Y GUBERNAMENTALES DE TODO EL CONTINENTE AMERICANO EN UNA CONFERENCIA PARA DISCUTIR LA PERTENENCIA Y LA PROSPERIDADThe Festival of the Diaspora, a non-partisan 501c3 non-profit organization, is hosting its inaugural conference in San Juan, Puerto Rico from February 23-26, 2022, bringing together over 100 executives and change agents from across the Americas to discuss belonging, post-COVID skill development, economic equity, and green energy. The event is organized in partnership with The Aspen Institute Project on Belonging, Tulsa Innovation Labs, EV Passport, Genius100 Foundation, and LINK Strategic Partners, with speakers including executives from Google, Tyson Foods, Invest Puerto Rico, and government officials from Puerto Rico and Alabama. Founder Cordell Carter stated that the conference aims to provide opportunities for leaders to connect, share best practices, and collaborate on solutions for pressing societal challenges facing the hemisphere.PR NewswireInvest Puerto Rico Partners with Forbes to Host Virtual Event Exploring Puerto Rico as a Global Innovation HubInvest Puerto Rico (InvestPR) announced a partnership with Forbes to host a virtual event titled 'Emerging Borders: Exploring Paths of Innovation and Entrepreneurship in Puerto Rico' on February 8, 2022. The event will feature panel discussions with Puerto Rico-based and international business leaders on Puerto Rico's business ecosystem, including its 60-year legacy in biosciences and emerging sectors such as cybersecurity, fintech, and cell & gene therapy. The event is part of InvestPR's global brand campaign 'Game Changers, Welcome Home,' which aims to attract innovative businesses and entrepreneurs to Puerto Rico.