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Business Briefcase for Women: A new management training platform

By on February 2, 2018

SAN JUAN — With the goal of providing women entrepreneurs better tools to do their work, the Puerto Rico House Women’s Affairs Committee, chaired by Rep. Lourdes Ramos, began the study of a measure that would develop a training platform for women in business.

House Bill 1202, authored by Ramos, establishes the “Business Briefcase for Women,” attached to the Economic Development & Commerce Department (DDEC by its Spanish acronym), to provide tools to foster potential women entrepreneurs to open a business of their own. In addition, the legislation would establish that DDEC has the task of providing an integrated concept for this effort, with the tools that guide women during the process of creating their own company.

Rep. Lourdes Ramos (Courtesy photo)

“With this program, we will be able to train future businesswomen to prepare their own business plan, develop it and have it approved. This way, women will be more empowered,” Ramos said in the announcing release.

Attorney Aimee M. Rendón appeared at the public hearing to support the legislation for its potential contribution to Puerto Rican women. “As part of the program, DDEC will offer individualized mentoring. It would take the businesswoman by the hand–during the process of forming her company, starting from her business idea to its creation and expansion, with a view toward exporting services.”

In response to questions from the committee chairwoman about whether DDEC has funding for the program, the department said it has a range of financial incentives and federal funds for training and company formation.

At the conclusion of the hearing, Rep. Ramos expressed her satisfaction with the measure and her hope that it be signed during Women’s Week. “I am fascinated by the bill because, in addition to the incentive to open your business, it provides knowledge and self-management for what’s going to become yours.”

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