USDA awards $358K to 8 rural water infrastructure projects in Puerto Rico
October 15, 2021
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 […]
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COR3 makes 1st disbursement of $7.1M for PREPA reconstruction projects
October 15, 2021
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 […]
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FEMA approves $26.2M to rebuild Félix Millán stadium in Yabucoa
October 15, 2021
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 […]
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Gov’t agencies to promote entrepreneurship after end of jobless benefits
October 14, 2021
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 […]
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SME Marketing Summit to feature ‘citizens and brands with purpose’
October 14, 2021
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 […]
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Gov’t unveils new online platform to cut back bureaucracy
October 13, 2021
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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‘Christmas Car Preview’ showcases ‘most attractive cars’ of ’22
October 13, 2021
The Puerto Rico International Auto Show kicked off the “Christmas Car Preview presented by PRIAS,” featuring a collection of what it called “the most attractive vehicles of 2022, each of which is a gem and the perfect gift for a Merry Christmas on wheels.” The free event will run through Oct. 24 at Plaza Las […]
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DDEC grants tax exemptions incentives to young entrepreneurs in 15 towns
October 13, 2021
The Department of Economic Development and Commerce’s (DDEC, in Spanish) Office of Business Incentives announced it has granted tax exemption incentives to 25 young entrepreneurs from 15 municipalities throughout the island to develop new businesses. The agreements provide, for a period of three years, the following benefits: 100% exemption in the payment of tax on […]
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New Year’s Rockin’ Eve event to generate $10M in visibility for Puerto Rico
October 12, 2021
In the wake of the backlash to the announcement that Puerto Rico will be one of the countdown locations for this year’s “Dick Clark’s New Year’s Rockin’ Eve with Ryan Seacrest 2022,” the Puerto Rico Tourism Co. defended the move by saying that hosting the event will generate $10 million in visibility worldwide. “After the […]
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Practical Techie: The uncomfortable practice of tracking web user’s footprints
October 12, 2021
With all the whistle-blowing on Facebook, Instagram, about how the social media platforms track our moves, it’s wise to peek into the mechanics of it all. True, hidden trackers called spiders, crawlers, and bots in internet lingo, are pieces of code that follow us around cyberspace. They register all our moves online, our consumer interests, […]
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Op-Ed: Puerto Rico’s recovery funds demand a private match
October 12, 2021
A federal grant is “a way the government funds ideas and projects to provide public services and stimulate the economy,” and it is one among many ways the US government reallocates resources to eligible recipients. With the Biden administration, citizens and businesses in Puerto Rico expect that the massive investment in federal dollars allows full […]
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Rum market growth represents opportunity to reboot Puerto Rico’s economy
October 11, 2021
The rum industry could play a significant role in the recovery of Puerto Rico’s economy since it has a considerable impact on the treasury. Under the Federal Rum Excise Tax Cover-Over Program, every year excise taxes collected on Puerto Rican rum imported into the United States is transferred to the treasuries of the island. Since […]
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BEACON platform launched to centralize Puerto Rico’s research ecosystem
October 11, 2021
The Puerto Rico Science, Technology & Research Trust’s Research Grants program, in collaboration with the Technology Transfer Office, has opened BEACON, a centralized platform that will provide insight into Puerto Rico’s research and science ecosystem. The platform aims to centralize the island’s scientific and research talent, to spur new alliances and increase local and international […]
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ASCO Power Technologies contributes to microgrid solution for children’s shelter in Mayagüez
October 11, 2021
New Jersey-based ASCO Power Technologies recently participated in the development of a solar panel grid for the Niños Jesús de Nazaret children’s shelter in Mayagüez, which was without power for months after Hurricane María struck in 2017 and has had no reliable source of power since. The facility serves as a home and school for neglected children […]
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Study: Puerto Rico restaurants are faring better despite pandemic hit
October 8, 2021
Nearly half of the island’s restaurants — or 48.7% — confirmed in a survey by the Puerto Rico Restaurants Association that their sales have been higher from January to July 2021, compared to the same period for the previous year, despite still experiencing the negative effects of the COVID-19 pandemic. The survey presented during the […]
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