The Commonwealth of Puerto Rico and Wovenware, a local software development company, announced today expansion plans for the company that will create 40 new jobs over the next two years. This expansion represents an investment of approximately $250,000 for the acquisition of new office space and supporting infrastructure, including new technologies and equipment.
Headquartered in Santurce, Puerto Rico, an area were technology innovation and real estate development are rapidly growing, Wovenware provides near-shore software product development and project management to clients in the Caribbean, North America, and Europe. The proposed expansion includes a move into new office space to accommodate the company’s growing team of engineers, marketing staff, and management executives. Construction already started and the company is planning to move by Q1 of the current year.
PRIDCO is promoting this expansion with infrastructure and job incentives that will allow the company to grow its export capabilities. “Along with aerospace, technology is one of the key emerging segments that PRIDCO is promoting in order to diversify our economy. We firmly believe that Puerto Rico has the necessary capabilities and human capital to make this industry a leading economic driver,” affirmed Antonio Medina Comas, executive director of PRIDCO.
“We are pleased with the help and support provided by PRIDCO to expand our business,” said Wovenware CEO Christian González. “With this investment, we will grow our stellar team, enabling us to deliver innovative solutions to an even greater number of customers in the Caribbean and around the world. We look forward to celebrating success with PRIDCO, our customers, and our team in the months to come.”
Wovenware is a software development and engineering firm that began operations in 2003, focusing in IT software development consulting. As providers of software solutions and remote software development teams, Wovenware exports its expertise and services to customers around the world. Today, Wovenware is a company with global revenues from customers in the US, Canada, Dominican Republic, United Kingdom, US Virgin Islands, and Bahamas.