Bloomberg Philanthropies and the Flamboyán Arts Fund announced their collaboration on the Arts Innovation and Management Puerto Rico program to provide 10 Puerto Rico-based nonprofit organizations with bilingual arts management training and tailored consulting services for fundraising, strategic planning, and digital marketing. The Flamboyán Arts Fund is a partnership between Flamboyán Foundation, composer Lin-Manuel Miranda, […]
The Fiscal Agency and Financial Advisory Authority, or AAFAF, released a Request for Proposals to select an administrator for what it is calling the Broadband Infrastructure Fund, to expand the service into Puerto Rico’s rural areas. The government will allocate $400 million during Fiscal 2021 to support expansion efforts in unserved and underserved areas and […]
The Association of Private Colleges and Universities (ACUP, in Spanish), together with the University of Puerto Rico, unveiled the schematic model of a “Proposal for a New Puerto Rico 2030,” as part of a collaborative initiative aimed at promoting an evolution in the areas of education, social development, economic development, and infrastructure. “The education sector […]
Two years after starting operations at the Ernesto Ramos Antonini Residential in San Juan, Vimenti by Boys & Girls Clubs of Puerto Rico registered an improvement in the well-being of families, academic achievement of its students and levels of employability of its participants, program officials said. This was part of the findings of a report […]
Puerto Rican financial institution Oriental announced this week it will open a website for clients who received a loan through the U.S. Small Business Administration’s Payroll Protection Program to request forgiveness of all or part of their loan. The client must comply with the guidelines from the U.S. Department of the Treasury and the SBA. “As with […]
Nonprofit organization Vitrina Solidaria has opened a call for the Loíza Glocal Bootcamp project that seeks to train and advise entrepreneurs and of small and medium-sized businesses owners in Loíza to contribute to the socioeconomic development of that coastal municipality, Executive Director Raquel Skerrett-Escalera said. Since 2009, different community-based entities have managed to significantly reduce the problem […]
Puerto Rico Gov. Wanda Vázquez announced the allocation of $90 million in federal funds to subsidize the cost of internet connections for all public school students and teachers, which they will be able to request through Nov. 30, 2020. The aid, available through the CARES Act, will be up to $400 per participant and will […]
U.S. District Court Judge Laura Taylor Swain approved the contract between the Puerto Rico Electric Power Authority and LUMA Energy, determining it can be considered as an administrative expense for the power utility. The decision followed section 503 of the U.S. Bankruptcy Code, under which PREPA is covered. LUMA will charge PREPA some $60 million […]
One of the six candidates running for governor of Puerto Rico, César Vázquez, has unveiled an economic platform that, among other things, calls for spending $400 million on tourism strategies from the $2.2 billion in federal funds allocated to fight COVID-19. The candidate, who represents the Proyecto Dignidad movement, has a full section entitled “Economic […]
Formerly known as G Suite, Google’s new version of Workspace is a workable alternative to other mainstream document processors such as Microsoft Word and Apple Works. And probably cheaper, too. Workspace is less than $6 a month, unless, of course, one wants to upgrade to a more professional suite. I say workable because many corporations […]
Puerto Rico Legal Services (SLPR, in Spanish) celebrated the opinion issued by the Puerto Rico Supreme Court in a mortgage foreclosure case that conclusively defines the concept of “good faith” in compulsory mediation processes that are mandatory in these cases. “Undoubtedly, the decision in this case will be a game changer for everyone facing foreclosure […]
Pedro Pierluisi, the 61-year-old gubernatorial candidate for the New Progressive Party, believes that Puerto Rico should serve as a bridge for the U.S. mainland to gain “better access to the Americas,” according to his economic development proposals posted on his campaign website. Pierluisi strongly believes in: carrying out a realistic and transformative reengineering of how […]
The U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) approved 364 new Environmental Quality Incentives Program (EQIP) contracts worth about $8.5 million in Fiscal 2020, the agency said. It worked in partnership with farmers, ranchers, and forest landowners in the Caribbean Area (Puerto Rico and the U.S. Virgin Islands), to develop conservation plans for […]
Discover Puerto Rico, Puerto Rico’s destination marketing organization, shared results of a recent market study that showed that 56.4% of consumers are “ready to travel,” with more than 40% expecting their next trip will take place before the end of the year. Citing the data gathered by its research partner Destination Analysts, Discover Puerto Rico […]
Evertec Inc. announced the results of its 6th edition of its Scholarship Program, granting more than 160 scholarships to university students in Puerto Rico and throughout Latin America for an investment exceeding $185,000. The company also revealed that a year after developing an alliance with leaders in the technology ecosystem to encourage women concentrating in […]
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