Sacred Heart, PRSBTDC join to promote innovation
May 10, 2016
Students and professors from Sacred Heart University will have the support of the Puerto Rico Small Business and Technology Development Centers (PRSBTDC) to create new businesses based on innovation, the organizations announced Monday.
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Moody’s: Default foreshadows long battle to restructure
May 9, 2016
Although the government of Puerto Rico paid its General Obligation bonds and guaranteed debt due May 1, which totaled about $103 million, Moody’s Investors Service believes it will enter into an eventual default of these bonds in the absence of a federal stay on litigation.
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SBA, CIAPR to host 11th gov’t contracting matchmaking
May 9, 2016
The U.S. Small Business Administration and the Puerto Rico Professional College of Engineers and Land Surveyors (CIAPR by its Spanish acronym) will conduct on May 10 their 11th Business Matchmaking Event, officially kicking-off Small Business Week on the island.
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P.R. Tourism Co. goes into Zika-related ‘damage control’
May 6, 2016
The Puerto Rico Tourism Co. on Thursday urged travelers to “make informed decisions” about summer plans, attempting to dispel perceptions about the extent of the spread of the Zika virus on the island.
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Rebexa Group marks 10th anniversary with new offices
May 6, 2016
Rebexa Group, a Puerto Rican company dedicated to providing consulting services related to medical product regulatory issues, is marking its 10th anniversary with the opening of its new offices in Mayagüez.
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La Oficina tenants explore philanthropic opportunities
May 6, 2016
Tenants at La Oficina, a shared office space located at the Caribe Building occupied mostly by arrivals under the government’s Law 20/22 incentives programs, recently took part in an event with the Puerto Rico Community Foundation to learn about innovative ways to give back to their new communities.
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P.R. credit unions: GDB restructuring deal falls short
May 5, 2016
A group of Puerto Rican credit unions identifying themselves at the “G25” said Thursday the preliminary restructuring agreement announced by the Government Development Bank and hedge funds this week is unfavorable to local bondholders who will see losses as a result.
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P.R. Statistics Institute launches transparency website
May 5, 2016
Signaling its commitment to transparency, the Puerto Rico Institute of Statistics today presented www.transparenciafinanciera.pr, a website through which citizens can obtain a total breakdown of the agency’s transactions since it began operations.
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Honeywell opens $40M aerospace testing lab in Moca
May 4, 2016
Honeywell Aerospace announced Tuesday the opening of a new environmental testing laboratory in Puerto Rico’s Las Américas Technology Park, which will create 335 new jobs on the island.
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Loisaida Inc. partners with Puerto Rico to offer training
May 4, 2016
Loisaida Inc., a leader in intergenerational programming that supports the needs of the Latino community in New York City, announced Tuesday the expansion of its services to offer programming that equips entrepreneurs with the basic tools for success.
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SBA launches growth accelerator fund competition
May 3, 2016
For the third year, the U.S. Small Business Administration is launching an Accelerator Growth Fund competition for accelerators and other entrepreneurial ecosystem models to compete for prizes of $50,000 each, totaling $3.95 million.
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Guayacán opens call for SPRINGBOARD program
May 3, 2016
Grupo Guayacán Inc. (GGI) announced Monday it has opened the applications process for SPRINGBOARD, the organization’s newest program, which is sponsored by the Small Business Administration’s Growth Accelerator Fund Prize, and will be delivered in partnership with the Angel Resource Institute (ARI).
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Codetrotters Academy graduates 17 new tech pros
May 3, 2016
Codetrotters Academy, the first programming school in Puerto Rico and the Caribbean, announced Monday the graduation of 17 more students from its “Intro to Web Development” course, totaling 34 students that have graduated from the academy since it opened its doors last Fall.
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Puerto Rico media firm joins Local Planet network
May 3, 2016
A consortium of the world’s leading independent media agencies have joined forces to launch Local Planet, a new global media agency network. Puerto Rico’s Media Management & Partners among Local Planet’s founders agencies, the group announced Monday.
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M. Holland closes P.R. acquisitions of sibling companies
May 2, 2016
M. Holland Company, a distributor of thermoplastic resins, has completed the previously announced acquisition of sibling companies Able International Corp. and Tril Export Corp., both headquartered in San Juan.
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