Puerto Rico to get $78M from EPA to repair water infrastructure
December 3, 2021
Puerto Rico will receive $78.4 million through the Bipartisan Infrastructure Law in 2022, which comes from the US Environmental Protection Agency’s State Revolving Fund (SRF) to upgrade aging water infrastructure and address key challenges like lead in drinking water and other contamination issues. EPA Administrator Michael S. Regan announced the round of funding that totals […]
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Grupo Guayacán awards $247K in seed capital to local enterprises
December 3, 2021
Twelve local enterprises were awarded $246,500 in seed capital as a result of their participation in the sixteenth edition of the EnterPRize business competition organized by Grupo Guayacán. TerraFirma, which develops technology to measure and mitigate the impact of climate change on the island, became the top winner, earning two important awards that add up […]
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FEMA allocates $9.7M to revitalize Puerto Rico’s town squares
December 3, 2021
Luquillo, Fajardo and Naguabo are the most recent municipalities to join the more than 67 recreational plazas that will be transformed with a $9.7 million allocation from the Federal Emergency Management Agency (FEMA). This approval of federal funds will be used to repair damage caused by Hurricane María and will include hazard mitigation measures for […]
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Don Q’s Pop-up store opens for holiday season at The Mall of San Juan
December 3, 2021
Serrallés Distillery announced the opening of Bodega Don Q, a pop-up style store during the Christmas season in The Mall of San Juan. The store that will be open until Dec. 31 will be the scene of a unique experience for customers, where they can taste some cocktails and personalize their gifts by the hand […]
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Iberia will add 84K seats to its flight capacity in Puerto Rico in ‘22
December 3, 2021
Spain’s flagship airline Iberia announced the expansion of its operations at the Luis Muñoz Marín International Airport with the addition of 84,000 seats to its flight capacity during the 2022 summer season. During the months of April through October, the airline will add one flight a week, boosting the total number of frequencies to five […]
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Work credit could lift 125K people out of poverty in Puerto Rico
December 2, 2021
An estimated 125,000 people, or 54,920 families or taxpayers, could cross the poverty line in Puerto Rico by adopting the new Earned Income Tax Credit, Economist Daniel Santamaría-Ots, senior public policy analyst at Espacios Abiertos, confirmed upon analyzing tax returns filed for the year 2019. The nonprofit released the results of the study entitled “The […]
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ParkSleepFly study confirms Puerto Rico is top vacation spot for US travelers
December 2, 2021
A new study by ParkSleepFly revealed that Puerto Rico is the most in-demand vacation destination for US tourists in 2021. Searches for Puerto Rico vacations have increased by 61.11%, the fourth highest growth in popularity of the countries included in the study that analyzed Google search data for flights, vacations, and hotels in popular tourist […]
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Cybercrimes have escalated during COVID-19 pandemic
December 2, 2021
Considering the increasing incidence of cybercrimes, companies must know their risk profiles, prioritize cyber hygiene, and identify the appropriate insurance solutions for their type of company, but above all, start as soon as possible. Those were some of the recommendations offered by Brian J. Schnese who, prior to becoming a risk consultant for Hub International, […]
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Op-Ed: Success using ARPA funding
December 2, 2021
In Puerto Rico, we continue to set an example for other United States jurisdictions on how to respond to the COVID-19 pandemic. After leading the administration of CARES Act funding effectively, without findings, we are now doing the same with the American Rescue Plan Act (ARPA) funds. Among other financial allocations, ARPA represented a $2.47 […]
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McConnell Valdés marks 75th anniversary with new foundation
December 2, 2021
Puerto Rico-based law firm McConnell Valdés LLC (McV) is marking 75 years of uninterrupted service and as part of that celebration, it announced the creation of the McConnell Valdés Foundation. It also announced the inauguration of the exhibition: “El poder expresivo: una mirada a la colección McConnell Valdés” at the Puerto Rico Museum of Art. […]
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Cybersecurity firm GM Sectec expands its services in Africa
December 2, 2021
Cybersecurity GM Sectec announced the expansion of its services to the African continent adding Kenya and Nigeria to the list of countries serviced in addition to South Africa. Organized online crime in Africa shows how digitization has reached almost every major crime area across the continent. According to an Interpol report, despite the continent’s lower […]
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Frontier Airlines’ new flights to generate $32M for Puerto Rico
December 1, 2021
Low-fare carrier Frontier announced new nonstop flights from Boston and Hartford, CT to Puerto Rico, connecting not only the Luis Muñoz Marín International Airport (LMM), but the Rafael Hernández Airport in Aguadilla as well. The start of the airlines’ operations in Aguadilla, which will run year-round, will have an impact of about $3.9 million, […]
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BASED launches platform to ‘support, inspire and inform a better Puerto Rico’
December 1, 2021
Puerto Rico’s growing start up and entrepreneurial ecosystem is now supported by a comprehensive resource guide called BASED. Founded by young Puerto Rican entrepreneur Gustavo Diaz-Skoff, BASED is a subscription-based digital platform and quarterly magazine that provides aspiring entrepreneurs, changemakers and business leaders the tools, resources, and inspiration to build a better Puerto Rico. “I […]
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ATH Móvil for Puerto Rico generates $200K+ in donations to nonprofits
December 1, 2021
Evertec announced the results of its fundraising initiative, “ATH Móvil for Puerto Rico,” which drove thousands of Puerto Ricans to donate via ATH Móvil’s “donate” feature, resulting in more than $200,000 raised for local nonprofit organizations. WAPA TV joined the initiative with the support of its programs and celebrities, along with dozens of influencers who […]
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Culebra launches Basura Cero solid waste management program
December 1, 2021
The island municipality of Culebra announced the start of the first phase of its Basura Cero (Zero Waste) program, which Mayor Edilberto Romero described as “a comprehensive plan to manage solid, non-hazardous waste.” The program is backed by medical device manufacturer Medtronic, which will be sponsoring about 20 trips that will enable the removal some […]
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