20 nonprofits split $225K donation from foundations
November 14, 2019
The “Mano Amiga” program run by the Plaza Las Américas Foundation and the Plaza Del Caribe Foundation recently held the 7th grant cycle, disbursing some $225,000 among 20 nonprofits that will directly benefit some 6,000 people. The Plaza Las Américas Foundation granted donations to 15 organizations, to which it contributed more than $171,000 and which […]
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Firehouse Subs delivers $64K in equipment to P.R. Fire Department
November 14, 2019
As part of its social commitment to safety and Puerto Rico firefighters, Firehouse Subs Puerto Rico delivered $64,000 worth of equipment to fire stations in Canóvanas and Fajardo, the company announced. The equipment donation was possible through the Firehouse Subs Public Safety Foundation. Both stations received safety suits, tanks, boots, helmets, flashlights, hoses, axes and […]
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P.R.’s Acts 20, 22 add 36K jobs, inject $1.2B from ’12 to ’19
November 13, 2019
Puerto Rico’s Act 20 and Act 22 have generated 36,222 jobs and $1.2 billion in investments on the island from 2012 to 2019, a study revealed by the Department of Economic Development and Commerce confirmed. According to the study on the performance of the government’s incentives programs, commissioned to the Estudios Técnicos research firm, the […]
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P.R. gets failing grades for key infrastructure conditions
November 13, 2019
The 2019 Report Card for Puerto Rico’s Infrastructure released for the first time by the Puerto Rico Chapter of the American Society of Civil Engineers, giving eight categories of infrastructure an overall grade of a D-. Energy received the lowest grade of “F,” meaning the system’s infrastructure is in unacceptable condition and has widespread advanced […]
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Industry study shows P.R. home prices spike in 5 large towns
November 13, 2019
The price of homes in the towns of Dorado, Humacao, Ponce, Aguadilla, and Isabela are going up and, in some cases, are even surpassing pre-Hurricane María levels, according to a study by Point2 Homes, a firm that covers real estate market trends and news. Although Puerto Rico’s economy is still in the mire, the island’s […]
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DMO Discover Puerto Rico delivers contracts, information to lawmaker
November 13, 2019
Destination Marketing Organization Discover Puerto Rico obeyed a court decision ordering it to deliver all previous and active contracts to fulfill its role of leading all off-island promotion of leisure travel, meetings, conventions, and events to Rep. Angel Matos. The lawmaker filed a lawsuit against the entity at the San Juan Superior Court demanding information […]
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Puerto Rico Emprende heads commercial mission to Mexico
November 13, 2019
Looking to explore the market and find new business opportunities, Puerto Rico Emprende is leading a delegation of local companies to participate in the multisectoral trade mission to Mexico, Nov. 12-15, and with the support of the U.S. Commercial Services. “The main purpose of this commercial mission is to support export efforts by our local […]
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Women’s Foundation launches P.R. chapter
November 13, 2019
The Puerto Rico Women’s Foundation has been constituted on the island, with support from the Puerto Rico Community Foundation and the New York Women’s Foundation as an alliance by women on the island and the diaspora in the northeastern state, it was announced. The local Women’s Foundation was established in March and will be officially […]
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Recycling centers in Carolina, Guaynabo to mark ‘America Recycles Day’
November 13, 2019
As part of “America Recycles Day” events that are celebrated mid-November every year, the towns of Guaynabo and Carolina, in collaboration with the Environmental Protection Agency, ConWaste and the Puerto Rico Recycling Partnership, are joining forces to host Open Houses at the towns’ recycling centers. During the Open Houses, students and visitors will see firsthand […]
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Piloto 151 opening 4th location next month in Santurce
November 13, 2019
A year since its most recent expansion in the financial district, coworking space pioneer Piloto 151, announced the upcoming opening of its fourth location and its second space in the heart of Santurce. Piloto 151 will add an additional 15,000 square feet to its footprint for a total of approximately 50,000 square feet of managed […]
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ConPRmetidos opens call for ‘IdeAcción 2020’ to grant $400K in funding
November 13, 2019
Nonprofit organization ConPRmetidos has opened the call for “IdeAcción 2020,” a program that aims to distribute some $400,000 in funds for economic development projects across the island. ConPRmetidos seeks to finance “viable, replicable and sustainable” proposals to solve the challenges that affect the most vulnerable communities every day. The call is for social entrepreneurs who […]
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Ideas to Product development grant program has $200K for local projects
November 12, 2019
The Puerto Rico Science, Technology and Research Trust announced a new funding opportunity through its Technology Transfer Accelerator Hub program, aimed at supporting pilot projects to advance life science innovations by quickly and clearly demonstrating whether a technology or product is worthy of moving through the commercialization process. For this first year a total […]
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P.R. Junior Chamber Int’l seeking ‘most outstanding’ youth
November 12, 2019
The Junior Chamber International has reopened its annual call for “Ten Outstanding Young Persons” of the World award, through which the entity seeks to recognize the most outstanding achievements of Puerto Rican youth. “We will be recognizing people in the categories of commercial, economic or business achievements; political, legal and government affairs; academic leadership or […]
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Triple-S Propiedad has paid $692M in Hurricane María-related claims
November 11, 2019
Triple-S Propiedad has paid a total of $692 million in claims related to Hurricane María in the past two years for a total number of claims of 17,746. It has closed approximately 96% of those claims, while 709 remain open, company CEO Roberto García-Rodríguez confirmed as part of the release of its third quarter results. […]
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Op-Ed: How can your company evolve toward new reality of ‘Industry 4.0?’
November 11, 2019
Eighty-eight percent of the companies that were included in the Fortune 500 list in 1955, do not exist or are currently out of this ranking. That has been one of the most visible and tangible impacts of the digital revolution in the last 60 years. Today, with the rapid incorporation of 4.0 technologies that connects […]
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