In the year since Hurricane María struck Puerto Rico, the share of so-called “micro-revenue” firms generating $50,000 or less in profits increased.
The Federal Emergency Management Agency confirmed it has awarded Puerto Rico nearly $56 million in grants to cover Hurricane María-related expenses.
Under the motto "Funds to grow," the Puerto Rico Science, Technology and Research Trust opened the call for two grant programs with $2.5 million available to boost the economy based on innovation, science and technology.
Rock Solid Technologies announced the winners of its 17th annual scholarship program, who are all University of Puerto Rico students who will each receive $3,000 to cover one year’s tuition.
The owners of Ocean Brewing Company Lab. announced the opening of its new and renovated restaurant, the gastronomic space for its microbrewery, on Oct. 1.
On World Tourism Day, Discover Puerto Rico, the island’s destination marketing organization announced that the first phase of the Google Content Initiative has been completed.
The Puerto Rico Department of Labor and Human Resources announced the 10 occupations with the highest wages on the island, a list topped by OB-GYNs and company CEOs.
Piloto 151 announced it will open its third location in the heart of San Juan’s financial district.
The Food Bank of Puerto Rico announced a $3 million-plus investment in new headquarters in the town of Carolina, possible through a donation from Unidos por Puerto Rico.
Seaborne Airlines announced the official opening of its new headquarters and operations control center at San Juan’s Luis Muñoz Marín International Airport, where it has been making improvements in the last year.
Federal relief and recovery spending in Puerto Rico is mostly being used to contract mainland firms, which suggests that Stafford Act provisions have, up to this point, been sidestepped or ignored.
Even when the main role of social media is to connect with friends, it has an impact on the evaluation process of the brands they search for and the consumer path to purchase.
The grants allocated to BoniCoop, JayuCoop, GuraCoop and Jesús Obrero totaled $125,000.
This tax limits the availability of basic necessities and supplies in general in the stores, and it harms the population's ability to face any crisis.
Puerto Rico’s local companies have doubled their impact on the economy since 2017, becoming the island’s main source of jobs.
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