Looking to continue to fulfill its mission to support high-impact entrepreneurship on the island, even in the midst of a pandemic, international startup initiative parallel18 announced the selection of 14 Puerto Rican companies that will make up the eighth generation of its P18 accelerator program. The group of companies showcases the growth from parallel18’s pre-acceleration […]
Sam’s Club Puerto Rico has distributed five food wagons worth $100,000 among 25 nonprofit organizations throughout the island to support their mission of assisting different disadvantaged populations during the emergency caused by the COVID-19 pandemic. “In the challenging times we are experiencing, we have to unite and collaborate to start moving forward,” said Iván Báez, […]
The local financial sector “failed miserably in Puerto Rico’s hour of need” by not helping to close more loans and secure aid for the island’s small business sector through the Paycheck Protection Program, the Center for a New Economy concluded in an analysis of the effects of the federal initiative. The island failed to take […]