USDA Rural Dev.’t awards 5 Puerto Rico banks for $109M in lending
July 2, 2020
U.S. Department of Agriculture Rural Development office in Puerto Rico announced the recipients of its “Top Lenders Awards” for approving $109 million in home loans. In June, the agency celebrates “Homeownership Month.” In 2020, the partnership between USDA Rural and local lending institutions has led to more than 3,700 families buying homes, said Puerto Rico […]
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Gov. Vázquez urges Puerto Ricans to respond to 2020 Census
July 2, 2020
Puerto Rico Gov. Wanda Vázquez urged Puerto Ricans to respond to the 2020 Census in an effort to increase participation and adequate headcount of residents on the island, where just 22% of residents have responded to the questionnaire. Puerto Rico currently has one of the lowest census response rates in the U.S. amid the coronavirus […]
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Ford Puerto Rico partners with Popular Auto on digital car sales platform
July 2, 2020
Ford Puerto Rico announced it will offer a new alternative for the purchase of its vehicles with financing from Popular Auto, through a digital platform available on its website. This online option offers a “safe and reliable method” for customers to get pre-approval for financing with Popular Auto when purchasing several Ford models, such as EcoSport, Escape, […]
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InterAmerican University of Puerto Rico inaugurates clinical lab
July 2, 2020
The InterAmerican University of Puerto Rico, metro campus, officially opened the doors to its Inter-Metro Clinical Laboratory, which will offer primary and secondary tests for the general public. The facility located near the Cupey campus will perform regular tests such as: CBC; coagulation; bacteriology; routine and special chemistry; immunology/serology; urinalysis; bacteriology; parasitology; COVID-19 for serology […]
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P.E.C.E.S. youth initiative graduates 20 future entrepreneurs
July 2, 2020
Twenty young people from Puerto Rico’s eastern region are entering the business world after participating in an initiative of the Community Dedication and Service Education Program (P.E.C.E.S., in Spanish) in collaboration with the MCS Foundation that combines education and a seed fund for their projects. The young people are students and graduates of the P.E.C.E.S. […]
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FEMA destines $108M+ for 182 recovery projects in Puerto Rico
July 1, 2020
The Federal Emergency Management Agency and Puerto Rico’s Central Office for Recovery, Reconstruction and Resilience, or COR3, announced the approval of more than $108 million for 182 projects across the island. Several municipalities will benefit, including Aguas Buenas, Culebra and Aibonito, with grant approvals for 153 permanent work projects that were awarded June 19-25, the […]
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Gov’t lays out security measures at Puerto Rico airports to curb spread of COVID-19
July 1, 2020
Starting July 15, all passengers arriving at Puerto Rico airports will be required to wear a face mask or covering while in the facilities, provide proof that they have tested negative for COVID-19, or in the absence of that, self-isolate for 14 days. Executive Order 2020-052 also calls for passengers to fill out an information […]
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Oversight Board certifies fiscal plans for PRIDCO, COSSEC, 10 towns
July 1, 2020
The Financial Oversight and Management Board for Puerto Rico announced that it certified the Fiscal Plans for the Puerto Rico Industrial Development Company (PRIDCO, in Spanish) the Public Corporation for Supervision and Insurance of Cooperatives (COSSEC, in Spanish) and 10 towns. “Both institutions are important contributors to Puerto Rico’s recovery and economic development,” said the […]
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$500K earmarked to aid Puerto Rico farmers affected by dry spell
July 1, 2020
The Puerto Rico Agriculture Department has earmarked $500,000 to provide vouchers to 260 farmers to help them cover additional expenses brought on by the drought. The incentive will cover the agricultural regions of Caguas, Ponce and San Germán — which cover 15 towns combined — specifically for the purchase of maintenance feed (known as bulky) […]
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Food Bank of Puerto Rico, Ana G. Méndez University to offer food assistance to students
July 1, 2020
The Food Bank of Puerto Rico and the Carolina campus of the Ana G. Méndez University System, have teamed up to offer food assistance to students enrolled in that institution. The agreement signed by Félix R. Huertas-González, rector of the Carolina campus and Denise Santos, president of the Food Bank, establishes that both entities will […]
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SBA has guaranteed $1.8B in payroll protection loans in Puerto Rico
June 30, 2020
The U.S. Small Business Administration has guaranteed 36,417 in loans totaling $1.8 billion under the Payroll Protection Program, for which it will accept applications 11:59:59 p.m. tonight, the agency confirmed. The June 30 deadline was provided to the PPP by the CARES Act under the “covered period,” the agency added. The most recent PPP Report, […]
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Direct Relief awards $1M+ in cash to island community health centers to fight COVID-19
June 30, 2020
Nonprofit Direct Relief this week awarded a total of $900,000 in cash grants to 18 federally qualified health centers in Puerto Rico, each of which, as is the case with Health Pro Med, received the amount of $50,000. In the past two months, Direct Relief has also awarded another $150,000 in cash to 15 health […]
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Op-Ed: Puerto Rico’s pervasive incompetence with federal funding
June 30, 2020
A few weeks ago, Jenniffer González-Colón, Puerto Rico’s Resident Commissioner, appeared in the highly rated show translated as “Playing Hardball,” along with Manuel Laboy, Secretary of the Department of Economic Development. The show’s panel inquired about the government’s slow disbursement of federal funding that was allotted to the island under several of the Cares Act […]
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Science Trust to implement program to deliver STEM Boxed Kits to students
June 30, 2020
Starting in July, the Puerto Rico Science, Technology and Research Trust will implement a new educational program called STEM Boxed Kit Experience. The home delivery service seeks to promote interest in STEM topics (science, technology, engineering, and mathematics) by sending boxes with activities and learning materials. Each package will include specialized scientific tools that will […]
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PRiMEX celebrates virtual graduations in areas of export, talent management
June 30, 2020
Puerto Rico Manufacturing Extension Inc. (PRiMEX), recently held two virtual graduations in which more than 20 local manufacturing companies participated in the Export and Smart Talent-Talent Management and Development Academies, during which they expanded their knowledge to take their products and services to other markets, as well as to optimize the search for local talent. […]
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