P18, the international acceleration program of parallel18, culminated its ninth generation with the celebration of the achievements of 33 companies in its DemoDay event at the Raúl Juliá theater at the Puerto Rico Museum of Art. Following more than 20 months of virtual events, the program from the Puerto Rico Science, Technology, and Research Trust […]
The Federal Emergency Management Agency (FEMA) allocated more than $7.2 million to the Puerto Rico Aqueduct and Sewer Authority (PRASA) for repairs to wastewater treatment and water pumping facilities in Humacao and Las Piedras. These projects ensure critical services for more than 55,000 residents of Humacao, Las Piedras and Naguabo, the agency stated. The funds […]
The Pontifical Catholic University is embarking on a three-year development plan at three of its campuses that will entail a $57.5 million investment, school officials announced. The modernization of multiple structures, new technologies and the construction of a building that will house innovative science laboratories are elements of the project. The funding for the more […]
The US Department of Commerce has awarded Puerto Rico $5.1 million through the American Rescue Plan to “integrate tourism into distressed urban areas with activities that focus on local artists, cultural influences, and community involvement.” The funds are part of a global $196 million in American Rescue Plan State Travel, Tourism, and Outdoor Recreation grants to 24 […]
The Puerto Rico Manufacturers Association has created a social responsibility campaign, under the slogan “Todos contigo mujer. No más violencia,” (All with you, woman. No more violence). PRMA Executive Vice President Yandia Pérez said the goal is to promote and unite several industry sectors, to raise awareness, encourage and maintain communication and constant education, about […]
Nonprofit organization Direct Relief inaugurated a $277,000 solar energy project in Guánica’s Fire Station, through a grant from biopharmaceutical company AbbVie, which donated $50 million for these types of projects. The project will allow for these first responders to continue serving the people even in the event of natural disasters that may affect primary services, […]
The Dorado Beach, A Ritz-Carlton Reserve is not under contract for sale at this time, but one of the luxury hotel’s developing partners, PRISA Group, confirmed that it is always exploring alternatives for its properties. Federico Stubbe Jr., CEO of PRISA Group, told News is my Business “as developers, after a property is stabilized, we’re […]
Not even the pandemic will be able to prevent Puerto Ricans from celebrating the best and longest Christmas in the world. More than 88% of Puerto Rican consumers confirmed they will be holiday shopping this season, which represents a 9% increase over last year, according to results of the 10th edition of “Santa’s List 2021,” […]
As 2021 winds up, it’s time to look back on specific developments in the high-tech sphere. For one, video retained its standing as the prime communication tool in social media. Consequently, YouTube is a central platform for videography. Thus, the platform released an overview of the top videos of the year, and it depicts interesting […]
The Public-Private Partnership Authority announced it will no longer seek a private-sector partner to optimize the Puerto Rico Aqueduct and Sewer Authority’s (PRASA) water consumption measurement system and the management of its commercial operation. This comes more than three years after the P3 Authority published a Request for Qualifications in June 2018 to identify of […]
The Puerto Rico Economic Development Bank and the United Retailers Association (CUD in Spanish) approved $820,000 in grants to entrepreneurs in the municipality of Camuy and delivered subsidies that amount to $651,670, the bank confirmed. The funding is part of an alliance between the government agency and the private-sector trade group, which “results in direct […]
With an investment of more than $600,000, MCS marked its arrival at Plaza Las Américas with the opening of a new sales and service center, known as the MCS Spot. With 3,200 square feet, the new center creates more than 40 jobs, and will provide a place at at the Hato Rey mall where, in […]
One of the most important industries in Puerto Rico is the rum industry, not only for its economic contribution but also for its legacy. As a pioneer in this sector, the island has experienced an expansion of the market and an evolution of the consumption patterns, which has increased production and competitiveness. In terms of […]
The Albanistería workshop is marking its first anniversary as an organization helping women and girls build a path to self-sufficiency by learning to skills in repairs and construction work. The project located in Bayamón, and founded during the COVID-19 pandemic, has already trained more than 320 women and 60 girls since 2020, including a cabinetmaking […]
The US Department of Agriculture announced that seven rural projects in Puerto Rico will split $500,000 in grant funding from the Rural Energy for America Program (REAP), to reduce the impacts of climate change on those communities. The selected projects across the island were: San Pedro Farmacy of Lajas (Cortes-Lebron Family), which is receiving a […]
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