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INDEX Puerto Rico Conference History Puerto Rico Conference 2010: • When and Where • Strategic Alliance with Babson College • Why: Entrepreneurship for Growth • Main Topics • Members of the PR Conference 2010 CommiJee Puerto Rico’s Value ProposiMon 2
Puerto Rico Conference History The 2006 PR Conference “Investment for Development” was an outstanding success for the Puerto Chamber of Commerce and its first‐ever investment conference showcasing the advantages that Puerto Rico has to offer to investors. 3
Puerto Rico Conference History Puerto Rico Conference 2006 4
Puerto Rico Conference History Puerto Rico Conference 2006 5
Puerto Rico Conference History The PR Conference 2008 “Investment for Growth ” was the most significant economic event the Puerto Chamber of Commerce celebrated in the Island. Hundreds of domesMc and foreign investors parMcipated in the event. 6
Puerto Rico Conference History Puerto Rico Conference 2008 7
Puerto Rico Conference History Puerto Rico Conference 2008 8
Puerto Rico Conference History Puerto Rico Conference 2008 9
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When and Where Cocktail and VIP Dinner: • Tuesday evening, March 23, 2010 PR Conference 2010: “Entrepreneurship for Growth” • Wednesday, March 24, 2010 • 7:30 AM – 5:00 PM At the Conrad San Juan Condado Plaza Hotel 11
Strategic Alliance with Babson College We have signed an MOU with Babson College to form a Strategic Alliance to promote and nurture entrepreneurship in Puerto Rico. We will hold press conference in Babson's College in Boston to announce this alliance in December; Babson will provide their faculty and contacts to aJract parMcipants to our conference. Dr. Daniel Isenberg will be designated as the Vice‐Chairman of the PR Conference 2010 and Babson’s President Leonard A. Schlesinger will be our keynote speaker. 12
PromoMng Entrepreneurship Entrepreneurship is more than just an academic discipline at Babson ‐ it's a way of life. ConnecMng theory with pracMce ‐ they infuse entrepreneurship educaMon throughout their curricula and cocurricular acMviMes. The skills learned through their entrepreneurship programs are vital to the success of any business – large or small, public or private, corporate or nonprofit, local or global. 13
PromoMng Entrepreneurship There are two centers at Babson dedicated to conMnually advancing insMtuMon's work in entrepreneurship: The Arthur M. Blank Center for Entrepreneurship at Babson, the first entrepreneurship center established at an academic insMtuMon, provides resources for students and alumni, and shares applied research with the world. The Lewis InsMtute extends their leadership in social entrepreneurship, examining and solving global problems through entrepreneurship. 14
Main Topics The Economic World Stage 2010 Outlook The Puerto Rico Investment Climate Entrepreneurial Thought, and AcMon and Economic Development New OpportuniMes of InvesMng in Puerto Rico: Outlining the Benefits of Local Investment Manufacturing and Life Science Sector: “Higher Growth and Emerging Industry OpportuniMes” Health Care & Insurance Sector: “Medical Tourism and CapMve Insurance, Re‐Insurance” 15
Main Topics Taking Advantage of the Public Private Partnerships Puerto Rico’s Global CompeMMveness: “Now and into the Future” Service Sector: “Puerto Rico as an Economy of ExporMng Knowledge” Wholesale & Retail Sector: “A Unique Investment Opportunity” Access to Capital: “Venture Capital, Private Equity, Financing and Angel InvesMng” Puerto Rico Leading Entrepreneurs: “Local Success Stories” 16
Strategic Alliance with Babson College Babson College will parMcipate in the promoMon, planning and organizaMon of the PR Conference 2010 2‐4 faculty members to serve as speakers MarkeMng efforts to promote the PR Conference 2010: • Press Conference in their campus • Thru Email communicaMons to Alumni and Faculty • Allow PRCC to use of its name for promoMonal purposes 17
Members of the PR Conference 2010 CommiJee Chairman, Francisco Rodriguez‐Castro Managing Director InsMtuMonal & Wealth Management Business Development UBS InternaMonal & Puerto Rico Vice Chairman, Dr. Daniel J. Isenberg Professor of Management PracMce Academic Division Entrepreneurship The Arthur M. Blanck Center for Entrepreneurship Babson College 18
Members of the PR Conference 2010 CommiJee Product Manager, Sandra González Director of MarkeMng & Sales Puerto Rico Chamber of Commerce Finance Director, Francisco S. Cabrera Director of AccounMng & Finance Puerto Rico Chamber of Commerce 19
Members of the PR Conference 2010 CommiJee Luis E. GauMer Lloveras, Grupo Ferré Rangel/El Nuevo Día Bartolomé Gamundi Edgardo Fábregas, Fábregas & Cintrón Group, Corp. Juan Acosta, CPA, Acosta & Ramírez, CSP Agnes Suarez, Carrión, LafiJe & Casellas Lymaris Otero, 4Strategic, Inc. Cesar A. González, Esq., Fiddler González & Rodriguez, PSC Jorge Cañellas, Esq., Ernst & Young Raúl Bustamante, Conrad San Juan Condado Plaza 20
Puerto Rico’s Value ProposiMon 21 21
Strong FoundaMon for Economic Growth Solid base for building the future economy Puerto Rico already possesses many enMcing characterisMcs for aJracMng new investment: • Benefits Under U.S. JurisdicMon/ Laws • Advantageous Tax and Cost Structure • Favorable LocaMon and Demographics • Life Science Industry Leader • World Class AmeniMes 22 22
Favorable LocaMon ‐ Geography Strategic loca6on – bridge between North America, Europe and La6n America 23 23
Favorable LocaMon ‐ Geography Intrinsic appeal AJracMve environment to re‐locate and visit: • Ideal climate: average temperature 83°F in winter, 85°F in summer • Diverse terrain: coastline, central mountains, only rain forest under U.S. NaMonal Forest Service • Beaches ranked among best in the world Ample natural resources 24 24
Favorable LocaMon ‐ Geography Intrinsic appeal • 100% digital switching telecommunicaMons network • Fiber opMc cable throughout island • One of the most efficient financial infrastructures in the hemisphere ‐ 564 branches; 1,334 automaMc teller machines; and 44,308 points of sale • Port of San Juan – One of the busiest container ports in the western hemisphere • 40 shipping lines providing service to 80 domesMc and foreign ports • Urban train system • Robust airports that serve as the gateway to the Caribbean and have more than 4,300 local and internaMonal flights per month island‐wide • Comprehensive highway system that ensures no point is more than 2 hours from seaport or airport • Natural gas pipeline nearly complete – will reduce energy costs in near term 25 25
Benefits Under U.S. JurisdicMon/Laws Best legal protec6on for business U.S. ConsMtuMonal and Legal ProtecMon U.S. Currency and Banking System U.S. Intellectual Property ProtecMon U.S. Federal Court Presence Located within U.S. Customs Borders ParMcipaMon in U.S. Trade Agreements Access to U.S. Federal Funds and Grants for Infrastructure, Social Programs, EducaMon, Research, and more 26 26
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