USDA awards Puerto Rico $13.2M for 17 projects
February 3, 2022
The US Department of Agriculture announced it will award Puerto Rico some $13.2 million for 17 projects to help companies hire more workers and reach new customers, among other benefits. The award is part of a $1.4 billion allocation to help businesses “keep resources and wealth right at home through job training, business expansion and […]
chat_bubble0 Comment
visibility3137 Views
Puerto Rico had ‘record year’ for tourism in ’21, Discover Puerto Rico says
February 3, 2022
Puerto Rico’s tourism industry wrapped up 2021 by setting new records in lodging income, room tax collections, and passenger arrivals, while the average stay of tourists increased by 5%, according to Discover Puerto Rico. The first big breakthrough was in accommodation revenue. In 2021, lodging in Puerto Rico surpassed the $1 billion mark for the […]
chat_bubble0 Comment
visibility5263 Views
EPA grants Pathstone $200K to train 60 students in Puerto Rico for environmental jobs
February 3, 2022
The U.S Environmental Agency has granted the PathStone Corporation $200,000 to train 60 students in Puerto Rico and place at least 41 in environmental jobs, as part of the $3.8 million grant given to 19 organizations for that goal. The training program includes 214 hours of instruction, including federal Occupational Safety & Health Administration courses, […]
chat_bubble0 Comment
visibility2125 Views
Foundation for Puerto Rico announces internship program for university students
February 3, 2022
Foundation for Puerto Rico — a nonprofit organization dedicated to the island’s socioeconomic transformation— announced the opening of an application process for several internship opportunities within the entity to help the economic development and planning of communities in Puerto Rico. The internship is aimed at young people who are currently studying at an accredited university […]
chat_bubble0 Comment
visibility2849 Views
San Juan-based Wovenware selected as a ‘Hot Vendor’ in HFS Research report
February 3, 2022
Wovenware, a San Juan-based nearshore provider of Artificial Intelligence (AI) and digital transformation solutions, announced it has been included in the HFS OneOfficeTM Hot Vendors Q4 2021 report, which recognizes emerging technology companies. As part of the study, market research firm HFS Research analyzed 10 firms that have the potential to disrupt the market. “We’re thrilled […]
chat_bubble0 Comment
visibility2027 Views
COR3 revises disbursement process for recovery work in Puerto Rico
February 2, 2022
The Central Office of Recovery, Reconstruction and Resiliency (COR3), which works with the Federal Emergency Management Agency (FEMA) to disburse recovery funding to rebuild after Hurricane María, has revised its disbursement mechanism to expedite the ongoing process, agency Executive Director Manuel Laboy confirmed. “The Request for Reimbursement (RFR), as well as the Advance Request (RFA), […]
chat_bubble0 Comment
visibility3705 Views
Puerto Rico Builders Assoc. swears in 1st woman president
February 2, 2022
Architect Vanessa de Mari-Monserrate was sworn in as the new president of the Puerto Rico Builders Association at an event held at the Sheraton Puerto Rico Hotel & Casino. Puerto Rico Supreme Court Chief Justice Maite Oronoz-Rodríguez swore in the first woman to preside the association as well as the Board of Directors. During her […]
chat_bubble0 Comment
visibility3522 Views
Loíza becomes 1st municipality to participate in Dementia Friends program
February 2, 2022
The Municipality of Loíza has joined health organization Dementia Friends and Triple-S in an effort to raise awareness and change the way society acts, thinks, and speaks about dementia, the town Mayor Julia Nazario announced. Dementia Friends is an initiative that educates on the challenges of living with and caring for a person with dementia, […]
chat_bubble0 Comment
visibility2018 Views
Center Lane Capital donates $290K to Direct Relief in Puerto Rico
February 2, 2022
Puerto Rico-based Center Lane Capital announced a $290,000 donation to Direct Relief in Puerto Rico, consisting of more than 50,000 packets of sanitizing wipes for nonprofit organizations, primary healthcare centers and hospitals on the island “to keep patients sanitized and safe,” Center Lane CEO Brian Morrison confirmed. Morrison is also the founder and part owner […]
chat_bubble0 Comment
visibility2349 Views
Puerto Rico startup clinches industry summit ‘People Choice Award’ honor
February 1, 2022
San Juan-based Hallo, one of the Top 100 startup finalists that competed in the recent 9th Annual Startup of the Year Summit in the innovation hub of Tampa, FL, took the “People’s Choice Award” for Puerto Rico. The awards ceremony took place Jan. 27th during the three-day event sponsored by Established with sponsors such as, […]
chat_bubble0 Comment
visibility2188 Views
‘Juego Empresarial’ event draws 84 Aibonito businesses to training sessions
February 1, 2022
“Juego Empresarial,” an event recently sponsored by the PROEL Connect firm, drew more than 100 people representing 84 businesses in the central town of Aibonito. The event included virtual and in-person activities and was attended by 23 experts, who spoke about the dimensions of the modern entrepreneur and the strategies of successful entrepreneurship, PROEL Connect […]
chat_bubble0 Comment
visibility1852 Views
6 consumer goods brands to watch in ’22 in Puerto Rican market
January 31, 2022
In Puerto Rico, 2022 is a promising year for national consumer goods, including well-known brands as well as recently launched ones. Six companies offer a variety of high-quality products worth looking at. 1. Viande FoodsViande Foods LLC focuses on consumers’ health and wellbeing by making locally inspired products, rich in nutrients and flavor. The company […]
chat_bubble0 Comment
visibility8862 Views
IEEFA: Puerto Rico’s solvency should not come at expense of ratepayers
January 31, 2022
The $8.26 billion in debt claimed by the Puerto Rico Electric Power Authority (PREPA) bondholders should not be borne by island ratepayers and small investors, IEEFA Director of Financial Analysis Tom Sanzillo said in testimony to the island’s legislature. Instead, Sanzillo told the Puerto Rico Senate Permanent Commission on Strategic Projects and Energy that reducing […]
chat_bubble0 Comment
visibility2604 Views
Puerto Rico-based Pacifico Group investing $1.2M to expand to US mainland
January 31, 2022
Pacífico Group Inc., a company dedicated to providing management and technology solutions to government and companies, recently announced the expansion of its services to the US mainland, after partnering with several companies to execute projects in Louisiana. The Puerto Rican firm will be investing $1.2 million, through the Pacific Public Consulting Division, in this new […]
chat_bubble0 Comment
visibility3303 Views
USDA loans Toa Baja $3.4M to purchase emergency response vehicle, equipment
January 31, 2022
The town of Toa Baja recently received a low interest Community Facility Direct loan of nearly $3.4 million to finance the acquisition of emergency response vehicles and equipment, Luis R. García, acting state director for USDA Rural Development in Puerto Rico announced. The funding is part of a $1 billion investment that the federal agency […]
chat_bubble0 Comment
visibility2134 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA