Technology

A Thriving Hub for Global Tech

A Welcoming Tech Hub Where Pioneers Can Create and Accelerate Growth

Puerto Rico has rapidly emerged as a leading destination for technology-driven companies. Its unique combination of world-class infrastructure, robust government support, and a dynamic entrepreneurial spirit creates fertile ground for innovation. Global players like Red Ventures, Maxar, and Microsoft have established operations on the island. From thriving startups to multinational enterprises, companies leverage Puerto Rico’s tech ecosystem to develop solutions for both local and global challenges.

30,000+

bilingual workforce with expertise in fintech, cybersecurity, cloud computing, and more.

corporate tax rate, one of the most competitive in the region.

50K

additional skilled workforce by 2035 through the 21st Century Techforce Initiative.

CONNECT WITH BUSINESS DEVELOPMENT

Companies Already Doing Business in Puerto Rico

The Building Blocks of Success: Technology Sub-Sectors

FinTech

Puerto Rico is emerging as a key player in FinTech innovation, with companies developing digital banking solutions, payment processing systems, and blockchain-based platforms.
The island serves as a testbed for digital financial solutions, providing unique opportunities for FinTech companies to address real-world challenges.

Emerging Technology

Technologies such as AI, blockchain, and IoT are transforming industries in Puerto Rico. Cities like Bayamón utilize smart technologies for urban planning and infrastructure, driving efficiency and sustainability.
Programs like Parallel18 and partnerships with international technology conferences foster the growth of emerging tech ventures.

Data management & analytics

Puerto Rico’s growing ICT sector is driving innovation in healthcare, retail, and finance through big data, AI, and advanced analytics.
Ranked among the top 10 ICT destinations, the island draws global leaders like SAP, Cisco, and Oracle.
Its strategic location, robust infrastructure, 5G connectivity, and climate-resilient systems make it a top choice for data-driven enterprises.

Cybersecurity

Puerto Rico offers a favorable regulatory framework for companies operating within the U.S., with strong intellectual property protections, financial regulations, and legal stability.
The island’s strategic position grants access to U.S.-based cybersecurity initiatives and government contracts.

IT Services

The IT services sector in Puerto Rico encompasses cloud computing, software development, and IT consulting.
Companies benefit from the island’s nearshore advantages, including proximity to the U.S., skilled talent, and seamless cross-border IT operations

Driving Puerto Rico’s Tech Ecosystem

Puerto Rico’s thriving tech ecosystem fosters the development of cutting-edge technologies, supported by world-class infrastructure, collaborative workspaces, and specialized programs.

- Puerto Rico Science, Technology & Research Trust: A hub for scientific innovation supporting biotechnology, renewable energy, and medical advancements.
- Engine4: A startup incubator in Bayamón with maker labs for prototyping and partnerships with universities.
- UPR Molecular Sciences Research Center: Facilitates breakthrough research in biosciences and environmental technology.
- Parallel18: Provides funding, mentorship, and global networking opportunities for startups.
- 21st Century Techforce Initiative: Prepares the workforce for future tech challenges through digital literacy and skill development.
- Bravo Family Foundation’s Rising Entrepreneurs Program: Supports early-stage startups with capital and mentorship.
- Institutions like Holberton School and Ironhack train job-ready talent in software engineering, machine learning, and cybersecurity.
Puerto Rico’s growing tech ecosystem is supported by a diverse range of coworking spaces that foster innovation, collaboration, and business growth. These hubs provide flexible work environments, networking opportunities, and access to resources essential for startups, remote workers, and tech companies looking to establish a presence on the island.

Tech Ecosystem in Puerto Rico: Advancing the Island’s Digital Future

Puerto Rico’s tech ecosystem drives innovation across multiple sectors, enhancing infrastructure, energy management, and smart city initiatives. Puerto Rico AI and cyber security companies are at the forefront of technological advancements, contributing to the island’s reputation as one of the emerging tech cities. This network has applications in smart cities, industrial process improvement and ultra-high-speed security systems.

Notable projects are:

01

Smart Island Strategy and the LUMA Energy Smart Grid Project, modernizing Puerto Rico’s energy infrastructure.

02

Bayamón Smart City Program, utilizing IoT technology for traffic management, public safety, and infrastructure efficiency.

03

LUMA Energy’s deployment of 1.5 million smart meters, improving grid reliability across Puerto Rico.

04

IoT-driven logistics solutions from companies like Crowley Logistics and Trailer Bridge, enhancing supply chain efficiency.

Tax Incentives & Access to Capital for ICT Companies

Act 60 Incentives: ICT companies enjoy a 4% corporate tax rate, 0% dividend taxes, and exemptions on export services income.

Corporate Tax Rate of 4%: Eligible tech companies can benefit from a significantly reduced corporate income tax rate, enabling them to reinvest in their operations and drive innovation.
Export Services Incentive: Companies offering export services—such as software development, IT solutions, cloud computing, or consulting—can benefit from tax exemptions on revenues generated from services provided outside Puerto Rico.
Act 60 supports the use and sale of utility tokens as software. It also allows 0% capital gains tax on crypto assets, encouraging blockchain technology investment.

Investment & Funding Opportunities

Programs like the Innovation Fund, Parallel18 Ventures, Colmena 66, and many others provide early-stage funding, while private venture firms like Capital Croissance support scaling efforts.
Local investment firms, such as Astra Partners and Integra Groupe, actively fund tech companies across sectors, from fintech to AI.
The Puerto Rico Science, Technology & Research Trust offers grants and seed funding for innovation-focused tech projects in areas like biotechnology, software development, and IoT solutions. Such funds like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs provide federal funding opportunities to Puerto Rico based tech companies.
Impeller is a platform that facilitates connections between investors and on-island issuers. With hundreds of issues and investor accounts, and millions of dollars sought in investment across various sectors, Impeller has emerged as a robust