Promesa Enterprises (“Enterprises”), is dedicated to developing and implementing financially and commercially viable projects which promote employment opportunities in disadvantaged and low-income neighborhoods.

Economic Development

As a part of Promesa Systems, Enterprises helps individuals whose conditions have forced them to exit the mainstream labor market through a proactive strategy of creating and offering meaningful employment. Enterprises’ focus is on long-term job creation through economic development. The overall objective is to support and create community-based businesses and projects, which result in the creation of jobs and local capital. In this manner, Promesa can help local communities to thrive while eliminating reliance on government support. Where possible, Enterprises incorporates and develops linkages between its projects and Promesa’s overall social service and community development activities.

Enterprises develops, funds, and assists start-up and on-going enterprises by investing its expertise, equity and debt capital based on viable business plans, successful operating histories and a beneficial community impact. Enterprises' involvement in project development can occur at the initial stages or at the point when a company requires resources to realize additional growth. In all cases, Enterprises helps develop business strategies, financial projections, and market analyses; all of which reinforce business rationale and provide the foundation upon which decisions for any equity/working capital investments are based. Enterprises also provides services such as managerial oversight, coordination of corporate services (accounting, payroll etc.), and strategic planning to monitor the project’s development.

Promesa’s community support and strong operating base make it uniquely qualified to marshal the resources necessary to successfully implement economic development projects. Promesa’s diversified activities allow it to bring the necessary expertise in areas such as real estate development, housing, vocational training, health and community outreach/development to bear on project development. As a result, Promesa is an able partner for government agencies, private investors, community groups, and foundations seeking fundamental economic improvement in disenfranchised communities.