PRMA launches ehub digital marketing platform
November 11, 2021
The Puerto Rico Manufacturers Association (PRMA) launched ehub, a personalized platform, inspired by virtual reality, which the trade organization said will provide “modern interaction through which users will have a unique experience never seen before in Puerto Rico.” The digital tool is aimed at creating connections, collaboration, marketing, promote products or services and integration with […]
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Valet Seller featured in Forbes’ ‘The Next 1000’ list for reaching $2M in 2 yrs.
November 11, 2021
Valet Seller, a software platform developed by Puerto Rican siblings Kevin and Maya Dunne, along with partner Andrew Michaud during the COVID-19 pandemic, which streamlines the process of selling products online for small and medium-sized businesses has been included in Forbes Magazine’s “The Next 1000” of 2021. This Forbes initiative puts the spotlight on up-and-coming business owners and […]
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Puerto Rico towns given access to $150M federal funds program
November 10, 2021
The Coronavirus Local Fiscal Recovery Fund, a $150 million pool of funds assigned through the American Rescue Plan Act (ARPA) of 2021, is officially open for all 78 Puerto Rico mayors who may dip into it upon signing an agreement with the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish), Gov. Pedro Pierluisi announced. […]
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Puerto Rican solar energy firm SunBeat Energy expands to 3 countries
November 10, 2021
Solar battery manufacturer SunBeat Energy, based in Puerto Rico, announced the expansion of its sales and distribution operations to Mexico, Panama, and Colombia. In Colombia, the firm was recently selected as one of the most recognized brands at the ExpoSolar 2021 event for the Central and South American region. During the activity, which took place […]
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USDA grants $421K for economic dev’t in towns of Barceloneta, Naguabo
November 9, 2021
The US Department of Agriculture is awarding $421,295 to the towns of Barceloneta and Naguabo, to provide placemaking and planning assistance to help improve social, cultural, and economic structures for people living in rural communities. The agency is making the awards under its Rural Placemaking Innovation Challenge (RPIC) and in Puerto Rico, it partnered with […]
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SBA Associate Admin. kicks off Entrepreneurship Week in Puerto Rico
November 9, 2021
US Small Business Administration Associate Administrator Bibi Hidalgo, head of the federal agency’s Office of Government Contracting & Business Development, is visiting Puerto Rico early this week, the agency announced. Her visit is part of a national tour highlighting the United States’ economic recovery focused on boosting manufacturing, engaging socially and economically disadvantaged businesses on […]
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Oriental leads in 7(a), 504 SBA loan originations
November 9, 2021
The US Small Business Administration confirmed that Oriental established itself as the leading bank in loan origination volume under the agency’s 7(a) and 504 financing programs. “We reiterate our commitment to small and medium businesses. We’re here to help them to say ‘Yes I can’ achieve my company’s goals,” said Carlos Comas, director of Business […]
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SME opens call to nominate candidates for ’21 Top Management Awards
November 9, 2021
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) has opened the call to nominate candidates for the Top Management Awards, which will run through Nov. 30. “The call is open to all towns in Puerto Rico and the nominee doesn’t have to be a member to compete,” said Daniel Pérez del Valle, […]
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Porsche Destination Charging network has 14 stations in Puerto Rico
November 9, 2021
With the upcoming installation of two 175-kilowatt chargers, Porsche Center Puerto Rico will become the first Porsche Center in Latin America and the Caribbean to have two high-speed chargers that can charge the Taycan’s battery in approximately half an hour, the company said. In addition to the new supercharger, in recent months six new chargers […]
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1st Macy’s Backstage on the island opens at Plaza Las Américas
November 8, 2021
Plaza Las Américas and Macy’s Backstage announced the upcoming opening of the first Macy’s Backstage store in Puerto Rico, on Nov. 20, in time for the busy holiday shopping season. Macy’s on-mall, off-price pop-up store will be located on the second level of the space previously occupied by Borders and will have approximately 14,000 square […]
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PRASA opens bid for 11 infrastructure projects worth $176M
November 8, 2021
The Puerto Rico Aqueduct and Sewer Authority (PRASA) will open bids for 11 infrastructure projects in December, whose total investment approaches $176 million, government officials said. The list of projects includes improvements to the raw water intake located in the Río Grande de Añasco, the completion of the rehabilitation of the Cidra dam, the design […]
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Triple-S Management Corp. reports $8.2M in 3Q21 net income
November 8, 2021
Healthcare services company Triple-S Management Corp. announced net income of $8.2 million, or $0.35 per diluted share, for the third quarter ended Sept. 30, compared with $23.6 million, or $1.02 per diluted share, in the prior year period. Adjusted net income stood at $9.6 million, or $0.41 per diluted share, during the most current quarter, versus $14.2 million, or $0.61 per diluted share, in the period in […]
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Global Wireless Solutions ranks Liberty’s mobile network as Puerto Rico’s best
November 8, 2021
Virginia-based network testing company Global Wireless Solutions has once again named Liberty Puerto Rico’s mobile network as the best overall on the island, the company announced. This year, Liberty Mobile’s network also got top marks from the independent benchmarking, analysis and testing company as the most reliable and as the best coverage on the island. […]
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Ford Driving Dreams returns to Puerto Rico to support youth with $107K in funding
November 8, 2021
Ford Motor Company Fund has returned to Puerto Rico for the second Ford Driving Dreams program, in collaboration with partners of La Alianza para la Educación Alternativa — ASPIRA, Centros Sor Isolina Ferré, Nuestra Escuela, P.E.C.E.S., and Proyecto Nacer. The Ford Driving Dreams Puerto Rico program will consist of four phases and will award $107,000 […]
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Discover Puerto Rico to spend $50M in federal funds to market island
November 5, 2021
Discover Puerto Rico, the island’s Destination Marketing Organization (DMO), will use $50 million in American Rescue Plan Act funds (ARPA) during 2022 and 2023 to expand the marketing campaign throughout the US mainland and boost promotions beyond the already developed international markets. Discover Puerto Rico Chief Marketing Officer Leah Chandler confirmed the information during a […]
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