FirstBank benefits 100 nonprofits during year-long 70th anniversary celebration
October 29, 2019
FirstBank recently wrapped up the year-long celebration of its 70th anniversary with a volunteer activity during which some 250 employees donated their time to perform cleaning, painting, gardening, restorations and recreational activities in more than 20 nonprofits in Puerto Rico, Florida and the U.S. Virgin Islands. “At FirstBank we’re very committed to the communities we […]
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Lopito Fund donates $10K to CREARTE project
October 29, 2019
As part of its philanthropic mission and seeking to reflect the ideals that represented Efraín “Lopito” López, one of the founders of Lopito, Ileana & Howie, the Lopito Fund recently donated $10,000 to the CREARTE Foundation for the El Arte Grabado project. The goal is to promote the development of artistic sensibility in young adolescents […]
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Sacred Heart Univ. to build $1.9M collaboration center for creative co.’s in Santurce
October 28, 2019
The former Villa Music building on Ponce De León avenue in Santurce will be transformed into a creative and cultural entrepreneurship center through an initiative by Sacred Heart University’s Nuestro Barrio: Distrito Cultural de Santurce program, the president of the institution, Gilberto J. Marxuach-Torrós, announced. The 22,000 square-foot space, a few steps from the university, […]
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Volkswagen donates $10K to Flamboyán Foundation to support schools in P.R.
October 28, 2019
Volkswagen of America Inc. announced a $10,000 donation to the Flamboyán Foundation to support literacy education for kindergarten through third grade students in Puerto Rico. The donation is a joint effort of Volkswagen’s Southeast Region and local Volkswagen dealers, and will fund libraries at two Puerto Rican schools. “We are thrilled to be making a […]
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P.R. energy sector representatives discuss potential effects of rate increase
October 28, 2019
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) Executive Director Tomás Torres moderated a panel discussion during the Caribbean Renewable Energy Forum (CREF) in Miami that went over the the implementation of the New Puerto Rico Energy Policy, the projected increases in the electricity rate, which could reach 10 cents per kilowatt […]
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P.R. gov’t unveils $20.3B plan to modernize, strengthen island’s power grid
October 25, 2019
Gov. Wanda Vázquez announced details of “Puerto Rico’s Electrical Grid Modernization Plan,” a $20.3 billion effort to strengthen, modernize and transform Puerto Rico’s power grid using industry best practices and accepted codes and standards. The GridMod Plan was developed in coordination with federal and local government agencies, as well as private sector partners. The plan […]
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Grupo Guayacán’s annual fundraising campaign nets $105K
October 25, 2019
Grupo Guayacán closed its annual fundraising campaign, aimed at supporting the education and training programs offered to entrepreneurs at different stages of business development, raising $105,234.75. Through the month-long Guayacán Giving Day campaign, the organization will boost its endowment fund, which will directly support its programs and activities. This effort has been conducted for three […]
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P.R.’s medical cannabis market on verge of saturation, study shows
October 25, 2019
Local startup Abexus Analytics recently published Puerto Rico’s first “Medical Cannabis Market Saturation Index” that offers details on the local areas with potential market saturation of cannabis dispensaries and how such distribution differs with traditional pharmacies throughout the island. “In Puerto Rico the number of dispensaries, total manufacturing capacity and the number of certified patients […]
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Solar energy trade group rejects PREPA deal with creditors
October 25, 2019
The Solar and Energy Storage Association of Puerto Rico warned of the “serious consequences” the proposal by Puerto Rico Electric Power Authority creditors that seeks to impose a charge on people installing solar energy systems at their homes or businesses. The group known as SESA said the charge included in the Restructuring Support Agreement between […]
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Firehouse Subs invests $450K to open 13th restaurant in Ponce
October 25, 2019
Restaurant chain Firehouse Subs Puerto Rico announced the opening of its 13th restaurant in Puerto Rico — a 2,000 square-foot location in Ponce. The opening of the new Firehouse Subs store generates 35 direct jobs and entailed a $450,000 investment, company executives confirmed. The new restaurant, located in Reina del Sur Shopping Center, has a […]
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Participants sought for survey on cybersecurity issues for small, mid-sized businesses
October 25, 2019
The U.S. Small Business Administration is working with the U.S. Department of Homeland Security and the Information Technology Coordinating Council to attract respondents to a confidential cybersecurity survey for small and mid-sized businesses. “Cyber-attacks are a growing concern for small business owners and our economy. The SBA is encouraging entrepreneurs to participate in this survey […]
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Tales of the Cocktail Foundation to bring ‘Tales on Tour’ to P.R. in April ’20
October 25, 2019
Tales of the Cocktail Foundation announced that four-day “Tales on Tour” festival will return to Puerto Rico April 19-22 in Old San Juan with Hotel El Convento once again serving as the host hotel. “Tales on Tour” is an annual initiative that partners Tales of the Cocktail Foundation with a domestic or international host city […]
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Census Bureau seeks temporary workers in P.R. to conduct 2020 Census
October 24, 2019
The U.S. Census Bureau launched a national recruitment effort to hire approximately 500,000 temporary workers to help conduct the 2020 Census. Nearly 4,000 local recruiting events are scheduled to take place this week in communities across the nation, including Puerto Rico, where activities will be held through Friday. “We need people to apply now so […]
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Cannabis industry diversifies medical offerings to patients
October 24, 2019
Tropizen, a licensed local cultivator and manufacturer of medical cannabis products, announced the launch of the first locally manufactured line of cannabis tinctures incorporating herbal ingredients and cutting-edge pharmaceutical technology, designed to alleviate the symptoms of a variety of government-approved health conditions. “We carefully researched scientifically proven herbal remedies, many of which are featured in […]
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DoorDash starts door-to-door delivery service in P.R. today
October 23, 2019
DoorDash, the largest and fastest-growing on-demand door-to-door delivery service in more than 4,000 cities in the United States, Canada and Australia, is launching in Puerto Rico today, in its first predominantly Spanish-speaking market and first market in the Caribbean, the company announced. DoorDash has expanded its product to serve customers, merchants, and Dashers in Puerto […]
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