Departamento De Desarrollo Economico Y Comercio Grant
This EDA investment supports a coalition in the northwestern region of Puerto Rico, led by the Departamento de Desarrollo Economico y Commercio, with their proposal to address innovation issues in the local bio sector, focused on pharmaceutical products and medical devices. Despite bio industries representing approximately 45 percent of Puerto Rico’s GDP, it struggles with workforce development training, efficient logistics systems maintenance, and infrastructure (warehouse and cargo) challenges. If provided an implementation grant, the northwestern Puerto Rico bio manufacturing clusters proposes to address these concerns with seven projects to support the pharmaceutical manufacturing industry, including building warehouse facilities, constructing a cargo access road, developing workforce development programs, and creating an industrywide logistics system.