Thursday, December 14, 2017

Those affected by Hurricane María should attend ‘Business Impulse’

By on October 12, 2017

SAN JUAN –Businesses affected by Hurricane María in Puerto Rico are being summoned to the “Business Impulse” event Tuesday to offer them aid to help rebuild their businesses.

The announcement was made by Economic Development (DDEC by its Spanish initials) Secretary Manuel A. Laboy. The activity will take place at the Engineers & Land Surveyors Association (CIAPRby its Spanish initials).

Since the hurricane struck Sept. 20, most businesses have not been able to operate regularly because of a lack of electric service or damages sustained, to the point that more than $800 million has been lost in sales and use taxes, thus the government is considering return to charge taxes at the ports, the secretary of the Treasury told Caribbean Business.

Laboy explained that using the “Create, Rebuild and Transform” theme, state, federal and private sector representatives will educate those present about existing resources to restart their businesses, which include special loans, insurance claims, procuring with the federal government under emergency conditions and other information of aid for employees.

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“The mission of Ricardo Rosselló’s government is to rebuild and transform. With this meeting, the DDEC takes a step toward recovering Puerto Rico’s economy. We’re making the existing support available to all employers to help lift them and Puerto Rico up,” the secretary said in a written statement.

During the orientation, representatives from the Small Business Administration (SBA), Economic Development Bank, BDO Puerto Rico, Federal Contracting Center (FECC), Federal Emergency Management Agency (FEMA) and other entities will provide resources to employers to in turn assist their employees. Admission is free of charge.

To register or obtain additional information, call 787-753-6859 or email communications@pridco.pr.gov.

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