Economic development experts launch Tax Incentives Association
February 21, 2020
A team of economic development experts from Puerto Rico announced the launch of the Tax Incentives Association (TIA), a nonprofit association created to educate, investigate, analyze economic results and serve as promoters of Puerto Rico’s economic development through the attraction of new and diverse investments into the island. TIA’s vision is to “have Puerto Rico’s […]
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Op-Ed: A conundrum — What will happen to FirstNet in Puerto Rico?
February 21, 2020
A conundrum is a mystery, a puzzle, an enigma. And in Puerto Rico many go unresolved for months, years and even decades. A big mystery looming in the horizon on the already debt-ridden government of Puerto Rico is the fate of the FirstNet broadband network, with its corresponding implications to the sustainability of our public […]
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OBoard: Allowing foreign air carriers to expand will make P.R. ‘regional hub’
February 21, 2020
The Financial Oversight and Management Board for Puerto Rico welcomed the decision by the U.S. Department of Transportation to tentatively grant Puerto Rico’s request to allow foreign air carriers to engage in expanded cargo and passenger transfer operations at Puerto Rico international airports. “Removing regulatory burden that inhibits cargo commerce between Puerto Rico, the mainland, […]
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SBA offering grants to train women veteran entrepreneurs
February 21, 2020
The U.S. Small Business Administration announced that nonprofit organizations, state and local agencies, and institutions of higher learning are eligible to compete for funding of up to $300,000 to deliver entrepreneurship training to women service members, women veterans and women military spouses. Up to six awardees will split the grants administered by SBA’s Office of […]
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12th edition of P.R. Open golf tourney to pump $10M into economy
February 20, 2020
The 12th edition of the Puerto Rico Open, which starts today and will wrap up Feb. 23, is expected to generate $10 million for the local economy, its main sponsor, the Puerto Rico Tourism Co. confirmed. The Puerto Rico Open will feature a Pro-Am, where participants will play with some of the best golfers on […]
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Invest Puerto Rico creates recovery guide for quake-affected communities
February 20, 2020
As part of its commitment to support business continuity in those areas directly affected by the 6.4 magnitude earthquake that struck the southwest coast on Jan. 7, Invest Puerto Rico integrated in its PuertoRicoSigue.org platform a Community Guide for Economic Preparation and Recovery. This guide — created for the benefit of community leaders, chambers of […]
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Food Bank of P.R. stresses food safety lessons after earthquakes
February 20, 2020
The seismic emergency Puerto Rico recently experienced should put the island on alert on the need to ensure food security for the entire population, Denise Santos, president of the Food Bank of Puerto Rico said. The Bank has distributed 150,000 pounds of food to earthquakes victims in the southwest in addition to the 13.4 million […]
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Tourism Alliance for P.R. blasts ‘lack of activity on P3 for San Juan docks
February 19, 2020
The Tourism Alliance for Puerto Rico denounced the government’s lack of activity related to a series of agreements related to the public-private partnership in the works for the San Juan docks, which sought to protect the island’s “threatened tourism industry.” During a news conference, the group that represents public- and private-sector representatives of the tourism […]
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Science Trust challenges college students to innovate with NASA patents
February 19, 2020
The Puerto Rico Science, Technology and Research Trust, in partnership with Engine-4 launched an incubator program for college students centered on the commercialization of NASA’s patented technology. Applications for “Challenge to Innovate: NASA Edition” opened Feb. 18 and will close on Mar. 16, 2020, the nonprofit announced. The initiative is spearheaded by the Trust’s parallel18 […]
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Op-Ed: Rattled but not broken, working together to help P.R. recover
February 19, 2020
On Dec. 28, an earthquake rattled Puerto Rico’s southwest coast, destroying homes and cultural treasures. Unfortunately, it was just a precursor to a magnitude 6.4 temblor that struck the same area on Jan. 7. The government of Puerto Rico, the Puerto Rico Emergency Management Bureau, their supporting government agencies and local community leaders immediately began […]
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USDA opens call for applications to support rural transportation systems
February 19, 2020
The U.S. Department of Agriculture announced it is accepting applications for grants to improve rural transportation systems. The funding is available under the Rural Business Development Grants program for intermediaries seeking to provide rural communities with training and technical assistance to improve transportation services and facilities. USDA does not provide funding directly to individuals under […]
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Walmart Foundation donates $200K to American Red Cross
February 19, 2020
The Walmart Foundation recently donated of $200,000 to the American Red Cross in support of the organization’s response to help families affected by earthquakes in the island’s southwestern region. So far, the Red Cross has delivered more than 90,000 personal hygiene items and supplies to evacuees and has provided financial assistance to more than 1,300 […]
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CooPACA to incentivize savings among high school students in Cataño
February 19, 2020
The Cooperativa de Ahorro y Crédito de Arecibo (CooPACA) announced a new collaborative agreement with the municipality of Cataño that will grant an economic incentive to high school students to stimulate personal savings and a culture of supporting credit unions. “This initiative is intended to contribute to an improved financial education for the younger generations […]
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Ricoh hosts Imagine Lab workshop to develop STEAM centers
February 19, 2020
Ricoh recently hosted its Imagine Lab workshop to help educational institutions evolve at the increasingly fast pace of the digital world. The event was held during the Private Education Congress at the Convention Center in Miramar last week. During the sessions, participants experienced first-hand interactive learning, robotics, 3D project, among others, to learn the keys […]
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Pres. Clinton visits Caguas clinic benefited by his nonprofits
February 18, 2020
Former U.S. Pres. Bill Clinton visited SANOS Corp. to tour the 330 health center in Caguas and learn about the successful results of the naxolone program funded by Direct Relief and the Clinton Foundation, clinic officials confirmed. The president and former Secretary of State, Hillary Rodham Clinton are in town this week for a meeting […]
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