The U.S. Bankruptcy Court in Puerto Rico saw a whopping 31% drop in activity in October, when 419 cases were filed, in comparison to the 762 cases filed for the same month last year. During the first 10 months of the year, filings dropped by 32.7% to 4,342 cases, when compared to the 6,452 petitions […]
Seeking to strengthen local businesses by providing them free entrepreneurial education and personalized assistance, for the new challenges they face due to COVID-19, the Small Business and Technology Development Center (SBTDC) recently launched the Business Relief Assistance Program. This initiative will focus on providing business owners with the assistance and the support needed for access […]
The government of Puerto Rico announced the allocation of an additional $50 million to the tourism industry assistance program for businesses impacted by the decline in that sector due to the COVID-19 pandemic. “The program seeks to provide operational support for business interruption as a result of COVID-19,” Gov. Wanda Vázquez said. “In addition to […]
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