Siembra Lista, a new concept to market Puerto Rico’s agricultural and artisanal products, was recently launched across a number of gas stations following a $30,000 investment, company executives confirmed. So far, gas stations in Naguabo, Bayamón, Guayama, Caguas, San Juan, Naranjito, Carolina and Fajardo, as well as community pharmacies, are featuring the unique kiosks stocked […]
It’s not easy to foresee things but the Practical Techie likes to peer out into the near future now and then to speculate about what technological advances will come our way. First, a few facts about the present. As it is well known, artificial Intelligence is the strongest development now in terms of high-tech research […]
B2B Funding, established in Puerto Rico in 2016, to offer financing alternatives to local entrepreneurs, said it has awarded about $4 million to more than 150 businesses that continue to operate despite the challenges they have faced during the COVID-19 pandemic. The funding has been assigned through its business loan programs, approved during the months […]
Local entrepreneur Máximo Torres, who has more than 30 years of experience in the renewable energy field, unveiled the SunBeat Energy battery and inverter line, which he developed. To launch the product line and create an inventory, SunBeat Energy has invested some $2 million, and will create about 30 direct and indirect jobs on the […]
ORLANDO, FL — The Puerto Rico Chamber of Commerce of Central Florida’s executive board has a “clear and precise vision” of embracing not only businesses and professionals coming from Puerto Rico, but small entrepreneurs of all nationalities seeking to establish themselves in Central Florida. Jorge H. Figueroa, president of the nonprofit entity — which has […]
The fourth gastronomic concept at the Distrito T-Mobile entertainment complex, La Burguesía restaurant, has opened for business following a $900,000 investment. With an irreverent tone, the restaurant satirizes bourgeois society through its gastronomic offer and design. Its operators send the message by taking a universal dish and elevating its quality, offering a “bourgeois” product at […]
Copan Industries Inc. in Aguadilla has announced an $78 million expansion of its facilities, $9 million of which will be used primarily for construction, while the remainder will be used for machinery and equipment, officials said. “This expansion will help more professionals have job opportunities, stay here and contribute to the economic development of our […]
The word “optimism” was repeated a number of times during the Puerto Rico Chamber of Commerce’s presentation of the 2021 studies establishing the level of confidence by local entrepreneurs and consumers. In both cases, the research concluded that there are high expectations for improved economic conditions moving forward. While economic analysis firm Estudios Técnicos prepared […]
Startup accelerator gener8tor has announced the five companies participating in its gBETA San Juan Summer 2021 cohort. This is the first gBETA program for gener8tor in Puerto Rico and the first gener8tor program to be offered in both English and Spanish. The five Puerto Rico-based startups selected — YO+, The Happy Givers, Hyperion, PolyGhost and […]
The head of the Puerto Rico Farm Bureau raised a red flag over the adjustments and cutbacks of more than $58 million to Agriculture Department programs included in the Fiscal 2022 budget, which “put major farmer aid programs at risk.” Bureau President Héctor I. Cordero-Toledo said information provided by the Administration for the Development of […]
Looking to evaluate Puerto Rico’s minimum wage and to promote a possible increase from the current $7.25 hourly rate, Gov. Pedro Pierluisi has convened the Governor’s Advisory Group on the Minimum Wage, which will be chaired Chief of Staff Noelia García and will integrate members of the public and private sectors. “Wage inequality is one […]
A study by nonprofit Excelencia in Education on university education in Puerto Rico revealed that, in the last 20 years, there has been a 40% increase in the total number of university degrees awarded, from 31,469 to 44,137, despite the fact that students do not have financial aid from scholarships fit for the rising cost […]
The annual celebration of World Bee Day on May 20th, as recognized by the United Nations, is setting the stage for the emergence of the “Puerto Rican Bee,” scientifically known as gAHB, or Africanized gentle honeybee. This species of bee exclusive to Puerto Rico is hybrid, has unique genetics and has proliferated locally thanks to […]
Spain’s flagship airline, Iberia, will resume its San Juan/Madrid direct connections starting July 2, with three weekly flights out of the Luis Muñoz Marín International Airport (LMM). The traffic will represent $8.5 million in economic benefit for Puerto Rico over a year. Iberia will be operating the Madrid-San Juan route on Tuesdays, Fridays, and Sundays […]
The US Environmental Protection Agency (EPA) announced that three municipalities in Puerto Rico have been selected to receive a total of $900,000 to assess and clean up contaminated properties under the agency’s Brownfields Program. The towns of Barranquitas, Guaynabo and Vega Alta will equally split the money assigned to Puerto Rico. Nationwide, 151 communities will […]
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