Ticketera processes ‘historic’ sale of 30K concert tickets through virtual box office
September 20, 2019
Less than a month after taking over the box office contract for the Coliseo de Puerto Rico José Miguel Agrelot, local firm Ticketera announced it had operated uninterruptedly in the face of “unprecedented traffic” generated by the sale of Daddy Yankee concert tickets this week. The urban music artist sold out two concerts at the […]
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U.S. Treasury assigns $2.5M in grants to 20 credit unions
September 20, 2019
The U.S. Department of the Treasury awarded $2.5 million in grants to 20 credit unions through its Community Development Financial Institutions Fund to develop more community impact projects, the Credit Union Executives Association announced. Each credit union will receive $125,000 to allow them to prepare to access federal and private funds that will be invested […]
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Local start-up PRatian gets $200K in federal funds to develop agricultural tech
September 20, 2019
PRatian LLC, a Puerto Rican company dedicated to the development of aerospace technology to solve agricultural problems, has been selected to receive a $200,000 grant from the U.S. Department of Agriculture’s Small Business Innovation Research program. “It is the first time an agricultural company from Puerto Rico wins these funds in more than 20 years,” […]
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T-Mobile bestows $10K grants each to 3 P.R. nonprofits
September 20, 2019
On the two-year anniversary of Hurricane María’s devastating path through Puerto Rico, wireless carrier T-Mobile announced the first round of its T-Mobile Foundation Regional Grants for Puerto Rico, granting $10,000 each to Para la Naturaleza, Extra Bases Foundation and the Special Olympics. Since the hurricane devastated the island, T-Mobile has spared no expense to rebuild […]
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Op-Ed: Digital transformation and development of smart cities
September 20, 2019
In recent years we have seen in Latin America a rushed process of urbanization, which has brought several challenges for the region. In turn, it has given visibility to the great contrasts that still exist in our countries, being that although much of the population of the region lives in cities, there are still many […]
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FirstBank Platinum Banking presents ‘Visiones Paralelas’ exhibit
September 20, 2019
FirstBank Plaatinum Banking Art Series will feature the “Visiones Paralelas” exhibit by artists Williams Carmona and Michaela Soto, at its Ashford Ave. branch in Condado through December, the financial institution announced. The exhibition features 30 pieces comprising paintings, sculptures and acrylics. “We started the FirstBank Platinum Banking Art Series initiative with emerging artists Eduardo Cabrer, […]
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P.R. recognized as ‘vanguard’ tourist destination at Skift Global Forum
September 20, 2019
Puerto Rico Tourism Co. Executive Director Carla Campos traveled to New York to share with travel and tourism executives the successful strategies used to achieve a “healthy recovery,” despite the complicated scenario of the past two years and the growth opportunities currently available in the industry. Campos was invited to speak during a workshop entitled […]
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Grupo Guayacán pumps $1.2M into 175 Puerto Rican biz ventures post-María
September 19, 2019
A total of 175 Puerto Rican business ventures benefited from $1.2 million in funding granted over the past two years by Grupo Guayacán Inc. to boost the island’s recovery after the devastating hit of Hurricane María in September 2017, the nonprofit said. Among the business, 42 were projects in the idea development stage, 100 were […]
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SBA graduates 39 co.’s from Emerging Leaders Program in P.R.
September 19, 2019
The U.S. Small Business Administration graduated 39 companies from its Emerging Leaders program in Puerto Rico, completing the fifth cycle of the training series offered to small business entrepreneurs on the island, with cohorts in San Juan and — for the first time — in Ponce. “The desire to continue moving our island forward, even […]
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’19 Ford Environmental Grants Program announces 6 winning projects in P.R.
September 19, 2019
As part of its objective of contributing to a more sustainable future through supporting community efforts focused on natural resources conservation and management, the Ford Environmental Grants program distributed $40,000 among the six winning projects of the 2019 edition. The award-winning community projects of this edition are: Bucaré Urban Garden, by the Coalition for the […]
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Science Trust, NASA unveil new real time hurricane monitoring tool
September 19, 2019
A new tool is now available to monitor the atmospheric phenomena of the season in real time thanks to the Collaboration Portal of the Puerto Rico Science, Technology and Research Trust and the National Aeronautics and Space Administration, the entities announced. Forecasted storm trajectory, wind speed, expected rain and projected storm surge are some of […]
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OBoard to hold public hearing on economic development on Sept. 26
September 19, 2019
The Financial Oversight and Management Board for Puerto Rico will hold a public hearing on economic development on Sept. 26 at the Puerto Rico Convention Center, rooms 208 and 209 beginning at 1 p.m. The hearing will focus on the status and impact of the “Ease of Doing Business” reforms being carried by the government […]
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P.R. revenue collections reach $1.05B in July, Treasury Dept. says
September 18, 2019
Preliminary net revenues collected and deposited into Puerto Rico’s General Fund for the recently begun Fiscal 2020 totaled $1.05 billion, Treasury Secretary Francisco Parés said. “July 2019 revenues surpassed last year’s revenues by $305.5 million, a 41.2% increase,” he said, adding that July 2019 revenues were $159.9 million above projections. The corporate income tax category […]
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P.R. retail sales ‘kept the pace’ in July 2019, gov’t confirms
September 18, 2019
Retail sales reached the second highest level for a month of July in the past decade, with nearly $2.9 billion in activity, Puerto Rico Trade and Export confirmed. The highest month in sales over the past decade was July 2018 with a total $3 billion, which the agency described as “totally atypical behavior” when compared […]
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Kincentric opens P.R. office to offer human resources, advisory services
September 18, 2019
Chicago-based Kincentric, a company with expertise in engagement, leadership assessment and development, and Human Resources and talent advisory services, has recently being launched in the Puerto Rican market as a result of Aon’s agreement to sell businesses within its talent practice to Spencer Stuart, a global leading executive search and leadership advisory firm. The scope […]
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