Philanthropist MacKenzie Scott granted the Flamboyan Foundation a $3 million donation to support the Flamboyan Arts Fund, an initiative that preserves, amplifies and sustains the arts community in Puerto Rico. “We are grateful to MacKenzie Scott for this investment in the work we have been doing since 2018 to protect Puerto Rico’s rich artistic heritage,” […]
Interactive entertainment firm Epic Games has selected Sacred Heart University and its Creative Technologies Studio (StudioLab), as an Epic MegaGrant recipient. The MegaGrant will be used to support StudioLab’s advanced courses in 3D animation, visualization and interactivity, university officials said. Students at Sacred Heart will benefit from the access to knowledge and hands-on experience with […]
The Federal Emergency Management Agency (FEMA) awarded nearly $5 million for construction work at three water distribution and control facilities in Puerto Rico. This obligation will repair 12 land irrigation pumps in Santa Isabel and a flood control channel in Culebra, the agency confirmed. “These projects address issues of vital importance related to the safety […]
U.S. Department of Agriculture (USDA) Rural Development Business-Cooperative Service unveiled a new grant program to help rural communities create good-paying jobs and support new business opportunities in high-growth fields. Rural Innovation Stronger Economy (RISE) is intended to help rural communities identify and maximize local asset and connect to networks and industry cluster within their region. […]
Numbers from a variety of independent sources suggest that Puerto Rico is seeing the benefits of Discover Puerto Rico’s strategy, with a positive rebound in the island’s local tourism economy and many positive signs pointing to continued recovery on the horizon. Much of the island’s Destination Marketing Organization’s (DMO) success can be attributed to “the […]
The “El Isleño” ferry, which was out of rotation for two months in a dry dock in the neighboring island of St. Thomas, has rejoined the Ceiba/Vieques/Culebra maritime route, after getting $1.1 million in repairs, Maritime Transportation Authority confirmed. The heavy-duty vessel has a capacity for 208 passengers and approximately 22 vehicles, MTA Executive Director […]
Popular Inc. announced that, upon completion of the second round of the Paycheck Protection Program (PPP) on May 31, 2021, it had processed nearly 50,000 loans, originating $2.1 billion in both rounds of the program. Popular said during the second PPP round, which began on Jan. 19, it processed approximately 20,500 loans totaling $673 million […]
The US Department of Labor announced a $1.5 million funding opportunity available to all 50 states, the District of Columbia, Puerto Rico and the US Virgin Islands to develop partnerships with community-based organizations and other nonprofits to conduct outreach to women workers to help them understand and exercise their rights and benefits in the workplace. […]
The Puerto Rico Manufacturers Association will host a seminar June 18 at 10 a.m. to provide information to micro and small businesses that operate with less than 75 employees and suffered losses due to Hurricanes Irma and María and may be eligible for grants of up to $50,000. Stella Molina, director of the PRMA’s member […]
In the past year, technology has taken on a more relevant role and has become the ally to keep people in contact with the rest of the world. With that in mind, the Triple-S Foundation turned to technology to deliver joy to a population that was completely isolated. Hospitalized patients, of all ages, were able […]
The Luis Muñoz Marín International Airport (LMM) will receive $9.4 million from the US Department of Transportation’s Federal Aviation Administration (FAA) to reconstruct its main runway. The allocation is part of a round of awards of more than $898.9 million in infrastructure and safety projects through the FY2021 Airport Improvement Program (AIP). This total includes $113.5 million […]
When ToroVerde was inaugurated in May 2010, many doubted it would be a success. And as it grew from idea to reality, we had to hear many “No’s.” But each one gave us more strength to continue and to overcome these challenges. Some of the negativity was understandable. Our adventure park is in the mountains, […]
Kinderhook Industries, LLC’s MHH Healthcare announced it has entered into a definitive agreement to acquire Medical Card System Inc. The transaction is expected to close later this year, subject to customary conditions and regulatory approvals, and will mark the second significant acquisition by a subsidiary of MHH Healthcare following the prior acquisition of GlobalHealth. Additional […]
Workers in the San Juan-Carolina-Caguas, Puerto Rico Metropolitan Statistical Area had an average (mean) hourly wage of $15.33 in May 2020, about 43% below the United States mainland average of $27.07, the US Bureau of Labor Statistics reported. Chief Regional Economist Martin Kohli said that after testing for statistical significance, all 22 major occupational groups […]
The maiden voyage of the newest and most modern cruise of the Carnival line, the Carnival Mardi Gras, will include a stop in the Port of San Juan in August, Puerto Rico Tourism Company Executive Director Carlos Mercado confirmed. The stop is part of the agency’s efforts to expand options for maritime access to the […]
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