Grupo Guayacán seeks applications for 11th edition of Venture Accelerator
February 13, 2019
Grupo Guayacán Inc. announced the start of its annual call for applications for the Guayacán Venture Accelerator, an entrepreneurial education and development program for companies established in Puerto Rico seeking new growth opportunities. Companies, which are selected through a competitive process, must be in operations for at least three years and demonstrate organizational capacity and […]
chat_bubble0 Comment
visibility1574 Views
3M+ people toured McDonald’s kitchens in LatAm, Caribbean during ’18
February 13, 2019
Committed to transparency in its production processes and food care, McDonald’s restaurants in Latin America and the Caribbean received more than 3 million people in their kitchens in 2018, the franchise announced. The number of visits includes 115,000 in the participating restaurants in Puerto Rico. Cients experienced learning about the standards of food safety, quality […]
chat_bubble0 Comment
visibility1686 Views
Endeavor chooses 1st Puerto Rican entrepreneur in its global network
February 13, 2019
Endeavor selected the first Puerto Rican entrepreneur to enter its global network, Abarca Health Founder and CEO Jason Borschow, during its most recent International Selection Panel held in San Francisco, CA last week, the company announced. Endeavor is a nonprofit organization that leads the global high-impact entrepreneurship movement and has operations in more than 30 […]
chat_bubble0 Comment
visibility2516 Views
St. Clair Foundation donates $60K to continue Música y País nonprofit
February 13, 2019
The Board of Directors of the St. Clair Foundation delivered a $60,000 donation to the Funcación Música y País, a nonprofit organization dedicated to promoting the value of music and music education as an instrument of transformation and social change for Puerto Rico. It was founded in 2013 by María del Carmen Gil, renowned pianist, […]
chat_bubble1 Comment
visibility2514 Views
P.R.-based franchisees receive highest honor in FastSigns System
February 13, 2019
José Corujo, Juan A. Rivera, and Teresa Caballero, Master Franchise Owners of FastSigns Puerto Rico, which includes three locations, recently received national recognition as the recipients of The FastSigns Award at the 2019 FastSigns International Convention recently held in Orlando, Florida. Company executives said the award, which is the most prestigious recognition in the franchise […]
chat_bubble0 Comment
visibility2176 Views
Ponce Health Sciences University to build new $80M campus
February 12, 2019
Ponce Health Sciences University has broken ground on the construction of an $80 million campus and medical research facility, which will be the largest of its kind in Puerto Rico, school officials said. The expansion comes in the wake of the conditional authorization it has received from the Liaison Committee on Medical Education – which […]
chat_bubble1 Comment
visibility3602 Views
1st Taco Bell Cantina restaurant opens in Toa Baja
February 12, 2019
Taco Bell Cantina, the chain’s new flagship restaurant, recently opened in Toa Baja, bringing to the island a new urban and modern concept with unique offers in its category, restaurant owners said. “With a local investment of $1 million, Taco Bell Cantina will create 23 direct and indirect jobs, and it is expected to stimulate […]
chat_bubble0 Comment
visibility3905 Views
Agriculture allocates $256K to promote goat, sheep milk and meat production
February 12, 2019
The Puerto Rico Agriculture Department’s Administration for the Development of Agricultural Enterprises has allocated $256,000 to promote growth and development in the island’s Small Ruminants production industry. Agriculture Secretary Carlos Flores described the move as important for the sector “after the Department succeeded for the first time last year, in organizing the sector with a […]
chat_bubble0 Comment
visibility1497 Views
P.R.’s changing economic landscape has forced banks to retrench
February 11, 2019
Puerto Rico’s changing economic landscape will prompt banks to keep a tight grip on their activites until risks recede, an analysis by H. Calero Consulting firm concluded. The “retrenching,” as the firm called it, will likely lead banks to remain a “passive sector, one that, in the future, stands to react rather than lead the […]
chat_bubble0 Comment
visibility1545 Views
Estudios Técnicos: Reconstruction funds to drive 4.2% economic growth in ’20
February 11, 2019
The release of $1.5 billion in post-Hurricane María CDBG-DR reconstruction funds will spur a positive momentum in Puerto Rico’s economy, which should grow by 4.2 percent in fiscal year 2020, and will remain positive until 2022, according to new estimates by Estudios Técnicos Inc. “This week the [U.S.] Department of Housing announced the release of […]
chat_bubble0 Comment
visibility1645 Views
Resident Commissioner presents ‘Offshore Wind for Territories Act’
February 11, 2019
Resident Commissioner Jenniffer González-Colón introduced H.R. 1014, known as the “Offshore Wind for Territories Act,” a bipartisan legislation that would amend federal law to study the potential for offshore wind energy development in the U.S. exclusive economic zone adjacent to Puerto Rico and the rest of the U.S. territories. Over the past few years, […]
chat_bubble1 Comment
visibility1814 Views
Ford Motor Co. named global sustainability leader In water, climate change efforts
February 11, 2019
Ford Motor Company received an “A” grade for its water security efforts from CDP, the environmental impact nonprofit that drives sustainable economies. This marks the fourth year in a row Ford has earned an A from CDP for its water management efforts, the company said. Ford is one of fewer than 30 companies globally to be […]
chat_bubble1 Comment
visibility1581 Views
AGC-PR swears-in Abrams as new president for ’19
February 11, 2019
The Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) recently swore in Alejandro J. Abrams as its president for 2019. In his inaugural message the civil engineer emphasized the importance of strengthening relationships between the private construction sector and federal and Puerto Rico government agencies in charge of managing and administering […]
chat_bubble0 Comment
visibility1412 Views
$35.5M mixed-income housing complex, Renaissance Square, opens in San Juan
February 8, 2019
National affordable housing developer, McCormack Baron Salazar, Inc., and the Puerto Rico Department of Housing, have officially opened Renaissance Square, a new mixed-income apartment community located in Hato Rey. A public/private partnership between the Department of Housing, McCormack Baron Salazar, Citi Community Development, and Hunt Capital Partners, the project used public dollars to leverage private […]
chat_bubble0 Comment
visibility4550 Views
Gov’t sends out another $39.4M to employers that retained workers post-hurricanes
February 8, 2019
The government sent out another $39.4 million to 1,294 employers who requested Employee Retention Tax Credit program after the impact of Hurricanes Irma and María last year. Gov. Ricardo Rosselló said the new allocation pushes the total amount paid out to $414.4 million from June 2018 to 16,676 employers who retained 415,921 employees after the […]
chat_bubble0 Comment
visibility1640 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA