Invest Puerto Rico (InvestPR) provided an overview of its achievements in 2020, which included secured new business commitments including 3,500 new jobs, $58 million in capital investment, and an average payroll of $51,000 per job. During a virtual presentation, the island’s official investment promotion organization shared the results presented in its annual report, detailing the […]
The Parallel18 startup acceleration program is marking its fifth anniversary with a rundown of its achievements so far, which include receiving 4,340 applications, graduating 211 companies of which 35% are from Puerto Rico and seeking 85% of them survive despite trying economic times. During a presentation, Parallel18 officials said $1.3 million were distributed in grants […]
Puerto Rican men’s clothing retailer Clubman unveiled its new hybrid concept that includes a virtual store and a new pick-up service at its flagship store in Santurce. The online store, which entailed a $25,000 investment to set up, features all of Clubman’s collections, from casual to formal. Shoppers can choose to pick-up their purchases at […]
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