They say that times of crisis ignite the spark of creativity and elicit the best ideas. With this in mind, the Banco Popular Foundation and the Hispanic Federation announced the launch of the “Puerto Rico Big Ideas Challenge,” a contest of innovative ideas with a social impact with awards of up to $1.5 million.
Puerto Rico needs to attack a series of urgent needs to rebuild the island in the wake of Hurricane María, as well as find ways to incorporate more people into the workforce, said Prominent banking executive Richard Carrión.
The Puerto Rico Electric Power Authority’s Board of Directors announced the appointment of Walter Higgins as the public corporation’s new CEO.