The Youth Development Program, attached to the Department of Economic Development and Commerce, in collaboration with the Trade and Export Company and the Economic Development Bank for Puerto Rico shall devise a financing plan for the development of youth businesses which shall entail a partnership between the instrumentalities of the Executive Branch to support young entrepreneurs in their training, incubation, and financing process, among others, subject to the commitment of the young entrepreneur to establish and develop a new business in Puerto Rico. Such plan shall include: guidelines for establishment of businesses in Puerto Rico; the incentives available for youths in accordance with this chapter; and all the information needed to provide advice and facilitate the creation of new businesses by young entrepreneurs.
The plan shall be published in the websites of the Trade and Export Company, the Economic Development Bank for Puerto Rico, and the Department of Economic Development and Commerce, respectively, within thirty (30) days after the approval of this act.
History —Aug. 7, 2014, No. 135, § 6.