Puerto Rico is primed for growth with billions in relief funds fueling a recovery from a series of natural disasters. Learn why the U.S. territory offers a rare investment climate and value proposition for Qualified Opportunity Zone funds.
About Michael P. Gay
Michael P. Gay, CEcD, is a senior economic development organization professional. He is the Chief of Business Development for the San Juan-based body, Invest Puerto Rico, since March 2020.
Invest Puerto Rico is a non-profit investment promotion organization that was established in 2017 in the unincorporated U.S. territory. During the financial year 2019-2020, InvestPR in its annual report said it generated over 3,000 leads and 1,500 prospect opportunities, which resulted in 3,500 committed jobs, $58 million in capital investment and $51,000 in average payroll.
Gay leads of team of professionals at Invest Puerto Rico who oversee business, investor, entrepreneur, and talent attraction for the Caribbean island.
Gay has 30 years of experience having previously worked in municipal, state, academic, private sector and regional business and economic development leadership capacities. His area of expertise is consulting on attracting opportunity zone funds as a business as well as on qualified opportunity businesses and real estate developments.
Prior to Invest Puerto Rico, he served as Senior Vice President of Madison Region Economic Partnership (MadREP) in Wisconsin for seven years. Before that, he was the Director of the Center for New Ventures at the University of Wisconsin, helping the institution’s expansive educational resources become more entrepreneurial. Gay is an internationally Certified Economic Developer by the IEDC of Washington D.C. He is a former president and current board member of the Madison International Trade Association.
He has a Master of Science and Bachelor of Science degrees from the University of Wisconsin-Madison.
He is fluent in English and Spanish.
Company
Invest Puerto Rico, Inc.
Address
Ponce de Leon, San Juan
TOTAL ANSWERS
1
Answers to Opportunity Zones
1 Questions Answered
OZ Verified
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What does it mean to be a VERIFIED member on OpportunityZone.com?
OpportunityZone.com verifies government officials before placing them on this website. Not all applicants pass the verification process, and we are not paid by members in any way for verified badges. The entire verification process is performed by OpportunityZone.com staff members based in Irvine, California.
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The verified badge does not mean or represent that the government official has experience or specializes in opportunity zones. Please consult the state bar, state board of accountancy or other government-based sites for more information on a particular government official. Also, use your own diligence to vet any professionals on our website, we don’t make any representations of the qualifications of the professionals listed.