Foundation for Puerto Rico (FPR) announced the launch of [re] ACTIVA, a new mentoring and training program aimed at small businesses whose operations have been affected by the COVID-19 pandemic. The program emerged after the nonprofit received of a $254,487 grant from Wells Fargo Open Business Fund. The entity is the only local organization on […]
The Puerto Rico Economic Development Bank’s (EDB, in Spanish) Center for Economic Studies confirmed in a report that the inflationary outlook in the US mainland is consistent with the increase in prices perceived by local consumers. During a news conference, EDB President Luis Alemañy said from the lowest point recorded in June last year (-1.7%), […]
There is much talk these days about the lack of privacy on social media platforms and many mention virtual private servers as a safer alternative for e-commerce websites. With a private server, you can protect yourself from hackers, cybercriminals, malware, and government surveillance programs. It simply hides your IPS, from peering hackers. Let’s see how the VPS […]
Three years since its establishment on the island, Endeavor Puerto Rico has raised $1 million for its Endeavor Catalyst Fund, from local investors who seek to support the nonprofit’s goal “to help more entrepreneurs innovate, grow and create a mark on the global stage.” The nonprofit presented a result report that summarizes the most important […]
The Department of Labor and Human Resources informed employers that they have until Dec. 15, 2021, to pay the bonus to private sector workers who are entitled to it, according to Puerto Rico laws. Employers looking to be exempted from paying the bonus to their employees, because they suffered economic losses or received earnings that […]
The University of Puerto Rico’s Department of Chemistry at its Río Piedras campus has received a $750,000 grant to establish a Center for the Advancement of Hybrid Research Experiences for Underrepresented Students. The funding comes from the US Department of Education, under the Minority Science and Engineering Improvement Program (MSEIP) and will extend for three […]
The number of certified medicinal cannabis patients has jumped to 114,521, according to the most recent data published by Puerto Rico’s Medicinal Cannabis Regulatory Board (MCRB), up by about 24% when compared to the 92,499 on record for 2019. However, according to an analysis by local economic research firm, Abexus Analytics, about 37% of Puerto […]
Toyota de Puerto Rico unveiled its new $23.6 million corporate headquarters at the 654 Plaza building in San Juan, where it also invested another $3 million to create a state-of-the-art training center. Advances in technology, the company’s needs, and Toyota’s commitment to Puerto Rico made it necessary to move its offices to new the facilities, […]
For more than five years, StartUp Popular has been a promoter of entrepreneurship and the economy of Puerto Rico. The program, which has been dedicated to offering financing, coaching and events to encourage networking among local entrepreneurs, will continue to receive applications. StartUp Popular is designed for entrepreneurs who have a business with two years […]
The US Department of Agriculture has awarded grants totaling $358,000 to develop eight rural community water projects across Puerto Rico that were crippled by Hurricane María in 2017. The funding is part of a global $272 million the agency will distribute across the US mainland and Puerto Rico under its Water and Waste Disposal loan […]
The Central Office of Recovery, Reconstruction and Resiliency (COR3) announced the first disbursement of approximately $7.1 million to the Puerto Rico Electric Power Authority for work related to reconstruction projects. “The approval of the Advance Request, presented by PREPA to COR3 and whose millionaire amount was disbursed to cover expenses incurred and projected for the […]
The Federal Emergency Management Agency (FEMA) announced it has awarded nearly $26.2 million to the municipality of Yabucoa to rebuild the Félix “Nacho” Millán baseball stadium. This obligation is an addition to the more than $41 million that has been allocated to the municipality to date for 61 other permanent work projects. “This obligation marks […]
The heads of the Puerto Rico Economic Development Bank and the Labor Department signed a collaborative agreement to provide funding and grants from the Small Business Financing-CDBG-DR program to new and existing entrepreneurs who received unemployment and Pandemic Unemployment Assistance (PUA) benefits. People who qualify for the microentrepreneur financing program may receive up to $25,000 […]
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) will host its SME Marketing Summit on Oct. 21, when under the slogan “Stop Marketing, Start Mattering,” it will present a new study entitled “Citizens and Brands with Purpose,” commissioned to Estudios Técnicos Inc. Anitza M. Cox, director of the firm’s analysis and social […]
Puerto Rico government officials announced the launch of the “Identificación Electrónica de Acceso en Línea” platform, known as IDEAL, an online tool that connects public agencies, vowing to eliminate bureaucracy and streamlining processes that citizens and businesses get when submitting applications for certifications, services, contracts and permits. During a news conference, Gov. Pedro Pierluisi said […]
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