http://clearshore.us The most cost-competitive & abundant source of clearable talent in the USA. Proven by Lockheed Martin, Pratt & Whitney and Honeywell Aerospace. Mon, 08 Mar 2010 18:01:00 +0000 http://snappages.com en http://clearshore.us/blog/2010/03/08/investors-to-attract-entrepreneurs-worldwide-to-create-jobs-in-puerto-rico http://clearshore.us/blog/2010/03/08/investors-to-attract-entrepreneurs-worldwide-to-create-jobs-in-puerto-rico Mon, 08 Mar 2010 18:01:00 +0000 Marcos Polanco http://clearshore.us/blog/2010/03/08/investors-to-attract-entrepreneurs-worldwide-to-create-jobs-in-puerto-rico
What if geniuses brought their ideas to Puerto Rico when they emigrated to the United [...]]]>
What if geniuses brought their ideas to Puerto Rico when they emigrated to the United States? Advisory firm Spectrum Group intends to make just this happen through a mission to Washington, District of Columbia, March 3-5, 2010 to support the Startup Visa legislation introduced on February 24, 2010 by U.S. Senators John Kerry (D-MA) and Richard Lugar (R-IN). The bill would provide a path to U.S. permanent residency (“green card”) to foreign nationals that obtain financing from U.S. investors to create U.S. jobs, including Puerto Rico.

“When Davids are beating Goliaths, attracting global innovators matters more than attracting global investors,” said Spectrum Group Managing Partner Cesar “Tito” Montilla. “With the passage of this bill, we will be able to compete for the best ideas in the world.” The Spectrum Group intends to tap its extensive network of local investors to finance entrepreneurial ventures in sectors where Puerto Rico is globally competitive.

The Startup Visa bill proposes to offer immigrant entrepreneurs a two-year visa if they can show that a qualified U.S. investor is wiling to invest $250,000 into the entrepreneur’s venture. If after two years the immigrant entrepreneur can demonstrate the creation of five jobs, $1,000,000 in investment or $1,000,000 in revenue, they would receive permanent legal resident status. More information about the bill is available at www.startupvisa.com.

“If tomorrow every immigrant entrepreneur took their companies back to their home countries, half of Silicon Valley would shut down instantly,” explained Spectrum Group Partner Marcos Polanco, citing research at the University of California at Berkeley. “The secret to economic development today is that these new companies are creating twice as many jobs as old companies.”

About The Spectrum Group:

The Spectrum Group is an advisory firm that over the past 10 years has raised over $100M in private investment to create over 7,500 jobs in Puerto Rico. The firm anchors a network of over 200 accredited investors and focuses on real estate, industrial, media, biosciences, energy and information technology ventures.

Contact: Marcos Polanco

Partner, The Spectrum Group

Phone: 787-529-5892

Email: marcos@clearshore.us

Source: The Spectrum Group

252 Ponce de León Avenue

Suite 802

San Juan, Puerto Rico 00917

Phone: 787-620-1010

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]]> http://clearshore.us/blog/2009/10/17/puerto-rico-ranks-41-out-of-135-knowledge-economies http://clearshore.us/blog/2009/10/17/puerto-rico-ranks-41-out-of-135-knowledge-economies Sat, 17 Oct 2009 07:51:00 +0000 Marcos Polanco http://clearshore.us/blog/2009/10/17/puerto-rico-ranks-41-out-of-135-knowledge-economies Puerto Rico Statistics Institute found that the island ranks as #41 out of 141 global economies when utilizing the World Bank evaluation methodology. The island's strongest [...]]]> Puerto Rico Statistics Institute found that the island ranks as #41 out of 141 global economies when utilizing the World Bank evaluation methodology. The island's strongest scores came in its assimilation of global technological change (#36) and incentives framework (#37) and weaker in education and human capital (#53).

The study aims to spur better data gathering on the key performance indicators and to enable sage policymaking in this mission-critical arena.

]]> http://clearshore.us/blog/2009/10/04/research-development-headlines-puerto-rico-government-economic-development-strategy http://clearshore.us/blog/2009/10/04/research-development-headlines-puerto-rico-government-economic-development-strategy Sun, 04 Oct 2009 18:12:00 +0000 Marcos Polanco http://clearshore.us/blog/2009/10/04/research-development-headlines-puerto-rico-government-economic-development-strategy Strategic Model for a New Economy, its economic development blueprint. Fortunately for those of us committed to technological innovation, the Island's definitive participation in the knowledge economy is a fundamental aspect of the plan. Few [...]]]> Strategic Model for a New Economy, its economic development blueprint. Fortunately for those of us committed to technological innovation, the Island's definitive participation in the knowledge economy is a fundamental aspect of the plan. Few analysts realize that Puerto Rico has two of the United States' largest engineering schools, and that 25% of the world's biological manufacturing capability resides on the Island…the innovation economy is at hand.

Two elements form the axis of the innovation plan: technology-exporting entrepreneurs and R&D-attracting global enterprises. Together, the plan calls for their integration into a soup-to-nuts value chain, from R&D to operations and distribution.

A key infrastructure element to achieve this goal will be the completion of the Science District, a 78-acre R&D center under management by the Puerto Rico Science, Technology & Research Trust.

An essential funding element will be the Special Fund for Economic Development, managed by the Puerto Rico Industrial Development Company, and its focus will be on pushing along venture capital investments in technology-driven enterprises.

Finally, the government plans to redefine the role of the University of Puerto Rico, most likely with an emphasis on technology transfer for private sector commercialization; the University is widely seen as an unexploited source of intellectual property.

]]> http://clearshore.us/blog/2009/08/25/science-technology-trustee-fabrizio-bonanni-on-scaling-the-promise-of-biotechnology http://clearshore.us/blog/2009/08/25/science-technology-trustee-fabrizio-bonanni-on-scaling-the-promise-of-biotechnology Tue, 25 Aug 2009 04:21:00 +0000 Marcos Polanco http://clearshore.us/blog/2009/08/25/science-technology-trustee-fabrizio-bonanni-on-scaling-the-promise-of-biotechnology
]]> http://clearshore.us/blog/2009/08/20/fdi-magazine-recognizes-puerto-rico-as-the-1-investment-destination-in-the-caribbean-and-central-america http://clearshore.us/blog/2009/08/20/fdi-magazine-recognizes-puerto-rico-as-the-1-investment-destination-in-the-caribbean-and-central-america Thu, 20 Aug 2009 09:13:00 +0000 Marcos Polanco http://clearshore.us/blog/2009/08/20/fdi-magazine-recognizes-puerto-rico-as-the-1-investment-destination-in-the-caribbean-and-central-america
Puerto Rico achieved not only the top ranking overall, but also the top ranking in the category of business friendliness. The country has the largest number of companies involved in high-tech manufacturing, high-tech services, and knowledge-based sectors in comparison with the rest of the Caribbean and Central American region. More...

]]> http://clearshore.us/blog/2008/09/25/lockheed-martin-establishes-it-service-center http://clearshore.us/blog/2008/09/25/lockheed-martin-establishes-it-service-center Thu, 25 Sep 2008 00:24:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/09/25/lockheed-martin-establishes-it-service-center More...

]]> http://clearshore.us/blog/2008/09/25/honeywell-aerospace-expands-shared-services-center-to-total-workforce-of-973-professionals http://clearshore.us/blog/2008/09/25/honeywell-aerospace-expands-shared-services-center-to-total-workforce-of-973-professionals Thu, 25 Sep 2008 00:20:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/09/25/honeywell-aerospace-expands-shared-services-center-to-total-workforce-of-973-professionals More...

]]> http://clearshore.us/blog/2008/07/18/inc-500-federal-it-contractor-cascades-technologies-speaks-on-nearshoring-to-the-usa http://clearshore.us/blog/2008/07/18/inc-500-federal-it-contractor-cascades-technologies-speaks-on-nearshoring-to-the-usa Fri, 18 Jul 2008 23:31:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/07/18/inc-500-federal-it-contractor-cascades-technologies-speaks-on-nearshoring-to-the-usa
]]> http://clearshore.us/blog/2008/07/10/pratt-whitney-creates-300-person-sap-services-backoffice-for-the-aerospace-industry http://clearshore.us/blog/2008/07/10/pratt-whitney-creates-300-person-sap-services-backoffice-for-the-aerospace-industry Thu, 10 Jul 2008 23:10:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/07/10/pratt-whitney-creates-300-person-sap-services-backoffice-for-the-aerospace-industry More...

]]> http://clearshore.us/blog/2008/04/24/puerto-rican-engineers-co-develop-the-worlds-smallest-most-fuel-efficient-turbofan-engine http://clearshore.us/blog/2008/04/24/puerto-rican-engineers-co-develop-the-worlds-smallest-most-fuel-efficient-turbofan-engine Thu, 24 Apr 2008 00:06:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/04/24/puerto-rican-engineers-co-develop-the-worlds-smallest-most-fuel-efficient-turbofan-engine More (PDF)...

]]> http://clearshore.us/blog/2008/04/01/kpmg-ranks-san-juan-puerto-rico-as-most-cost-competitive-city-in-the-united-states http://clearshore.us/blog/2008/04/01/kpmg-ranks-san-juan-puerto-rico-as-most-cost-competitive-city-in-the-united-states Tue, 01 Apr 2008 23:55:00 +0000 Marcos Polanco http://clearshore.us/blog/2008/04/01/kpmg-ranks-san-juan-puerto-rico-as-most-cost-competitive-city-in-the-united-states More...

]]> http://clearshore.us/blog/2007/08/28/pratt-whitneys-engineering-services-center-reaches-500-employees http://clearshore.us/blog/2007/08/28/pratt-whitneys-engineering-services-center-reaches-500-employees Tue, 28 Aug 2007 00:02:00 +0000 Marcos Polanco http://clearshore.us/blog/2007/08/28/pratt-whitneys-engineering-services-center-reaches-500-employees More...

]]> http://clearshore.us/blog/2007/02/28/honeywell-aerospace-launches-shared-services-center-for-defense-space-unit-in-puerto-rico http://clearshore.us/blog/2007/02/28/honeywell-aerospace-launches-shared-services-center-for-defense-space-unit-in-puerto-rico Wed, 28 Feb 2007 23:24:00 +0000 Marcos Polanco http://clearshore.us/blog/2007/02/28/honeywell-aerospace-launches-shared-services-center-for-defense-space-unit-in-puerto-rico
Honeywell Aerospace, a leading global provider of integrated avionics, engines, systems and service solutions for the aviation and aerospace industries will establish operations this year at the Guanajibo Industrial Park in Mayagüez. The company is expected to hire Information Technology, engineering and customer support employees for positions ranging from entry-level to professional. More...

]]> http://clearshore.us/blog/2007/01/30/lockheed-martin-establishes-engineering-research-program-at-the-university-of-puerto-rico http://clearshore.us/blog/2007/01/30/lockheed-martin-establishes-engineering-research-program-at-the-university-of-puerto-rico Tue, 30 Jan 2007 23:35:00 +0000 Marcos Polanco http://clearshore.us/blog/2007/01/30/lockheed-martin-establishes-engineering-research-program-at-the-university-of-puerto-rico More...

]]> http://clearshore.us/blog/2006/10/06/microsoft-opens-optical-media-plant http://clearshore.us/blog/2006/10/06/microsoft-opens-optical-media-plant Fri, 06 Oct 2006 00:35:00 +0000 Marcos Polanco http://clearshore.us/blog/2006/10/06/microsoft-opens-optical-media-plant More...

]]> http://clearshore.us/blog/2003/09/02/pratt-whitney-and-indias-infotech-enterprises-launch-engineering-design-services-operation http://clearshore.us/blog/2003/09/02/pratt-whitney-and-indias-infotech-enterprises-launch-engineering-design-services-operation Tue, 02 Sep 2003 23:48:00 +0000 Marcos Polanco http://clearshore.us/blog/2003/09/02/pratt-whitney-and-indias-infotech-enterprises-launch-engineering-design-services-operation Initially, the new facility will provide services in [...]]]> Initially, the new facility will provide services in the areas of code verification, drafting, modelling, tool design and other support functions. Puerto Rico represents a significant opportunity for Infotech as it can take advantage of the cost-effective resource base of Puerto Rico to provide services to the North American defence-related industries. More...

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