The Aurora Angel Network announced it has invested an undisclosed amount in local fashion tech startup Guilty, Puerto Rico’s first subscription-based fashion service. Leveraging the growing sharing economy ecosystem and a proprietary platform, Guilty allows its clients the ability to constantly refresh their wardrobe, pulling from hundreds of items in their own virtual closet for […]
Vireo Health International Inc., a physician-led, science-focused multi-state cannabis company, announced the acquisition of medical cannabis licenses in Puerto Rico. The acquisition is comprised of pre-approvals for licenses to cultivate, process, and sell cannabis products and operate up to six dispensaries. Vireo has leased a 40,000 square-foot former Pfizer facility in the Cruce Dávila Business […]
Gov. Ricardo Rosselló signed Senate Bill 840, which will establish the public policy for the so-called “sharing economy,” which is defined as the collaborative consumption where consumers rent goods and services among themselves. “This advanced law allows Puerto Rico to have a procedural framework to respond to the local sharing economy quickly, consistently and transparently,” […]
The U.S. Small Business Administration kicked off a new Makerspace Training, Collaboration and Hiring (MaTCH) pilot competition to help employers find workers with the skills they need. As the United States reaches historic levels of job creation due to the pro-growth economic policies set by President Trump and his administration, the American job market has […]
With the goal of ensuring that Puerto Rico’s community health centers have the medical resources needed to serve patients in times of disaster, the American Red Cross and DirectRelief have joined forces to distribute 96 pharmaceutical refrigerators islandwide. This project is part of the American Red Cross’ long-term recovery program in Puerto Rico and for […]
Life Wireless announced a new joint partnership with telecommunications provider Claro that took effect June 19 and means that Life Wireless will now be operating on the Claro network for new subscribers. Life Wireless is a Lifeline supported wireless service provided by Telrite Holdings Inc. through the federal Lifeline program, created by Congress in 1985 […]
The Puerto Rico Products Association announced that nearly a dozen new products have been added to the “Made in Puerto Rico: La Tienda” store’s inventory, joining the variety of products that are part of its offer since opening last year. The list includes Café La Finca and “Café La Finca Premium, from Torrefacción Café La […]
U.S. House Small Business Committee Chairwoman Nydia M. Velázquez (D-NY) has introduced H.R. 3372, the Small Business Contracting Credit Act of 2019, a bill to incentivize contracting opportunities for small businesses in Puerto Rico. Velázquez’s bill would increase economic opportunity by spurring investment in local businesses and projects. The bill is cosponsored by Congressman Gilbert […]
The U.S. House of Representatives has approved an amendment authored by Rep. Nydia M. Velázquez (D-NY) aimed at advancing the cleanup of the Martín Peña Channel, a 3.7-mile stretch in San Juan that has long been plagued with environmental problems. “The people of the Martín Peña Channel are suffering tremendous public health problems through their […]
Florida-Caribbean Cruise Association, the trade association that represents the mutual interests of Caribbean and Latin American destinations and stakeholders along with cruise ship lines that operate 95% of the global capacity, announced that registration is open for the 26th annual FCCA Cruise Conference & Trade Show. Taking place in San Juan from Oct. 21-25, it […]
Scrub Island Resort, Spa & Marina, a AAA Four Diamond resort in the British Virgin Islands, has teamed up with real estate brokers Coldwell Banker BVI to sell five new luxury villas. With expansive views of the Caribbean’s turquoise waters and surrounding islands, the five private villa estates range from two to six bedrooms and […]
Destination Marketing Organization Discover Puerto Rico announced that local golf courses and resorts have reported “substantial growth in rounds and revenue” during the first four months of 2019, versus the same period in 2018. Wyndham Grand Rio Mar Golf & Beach Resort’s country club — which includes two Troon-managed courses — reported a 128% revenue […]
The Inter American University officially broke ground on its new $36.9 million student housing complex, which it will include in its internationalization plan of recruiting students from other countries to offer the opportunity of cultural and social exchange. The new residence hall to be located at the college’s San Juan metro campus, will address the […]
Innovation and entrepreneurship platform INprende will co-host an event for women-owned agribusinesses and female farmers as part of a subsidies program created by the American Red Cross in collaboration with the Puerto Rico Science, Technology and Research Trust. The call to participate in the program was opened during the “Women Innovating in Agriculture” event. Applications […]
German company Sartorius inaugurated the expansion of its manufacturing facilities in Yauco, following an investment of $130 million, and the creation and retention of 895 jobs. “In mid-2018, we announced an increased commitment by Sartorius to expand the company to double its production, despite the difficult situations that we’re facing in Puerto Rico after the […]
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