2. ...there is actually an association of economic processing zones, and what’s notable is this
award to Puerto Rico for establishing the world’s first special economic zone back in 1947,
decades before Shenzen. Fast forward, and you have...
3. $300M of R&D spending per year by private industry, 48% of the economy is driven by
manufacturing. Aerospace engineering for jet fighter turbines, biologics manufacturing
innovation, and the people recruiting are the same ones running federal R&D.
4. We have as many engineers pursuing undergraduate degrees as a Purdue, a Texas A&M or an
Ohio State. These programs are accredited in the US and the proof is in the recruiting. We
simply have not been introduced to the startup community.
5. Then came the internet, and Startups of Puerto Rico was born.
6. We’ve been busy these past three years, and now have a complete startup stack.
8. 50% R&D tax credit can cut your software product development costs in half. That’s a lot of
pivots when you do your software development from Puerto Rico.
9. So it is a tropical paradise, and an engineering paradise and a tax policy paradise. We are
leveraging all these assets to create a unique startup community.
10. So it is a tropical paradise, and an engineering paradise and a tax policy paradise. We are
leveraging all these assets to create a unique startup community.
