Local start-up PRatian gets $200K in federal funds to develop agricultural tech
September 20, 2019
PRatian LLC, a Puerto Rican company dedicated to the development of aerospace technology to solve agricultural problems, has been selected to receive a $200,000 grant from the U.S. Department of Agriculture’s Small Business Innovation Research program. “It is the first time an agricultural company from Puerto Rico wins these funds in more than 20 years,” […]
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T-Mobile bestows $10K grants each to 3 P.R. nonprofits
September 20, 2019
On the two-year anniversary of Hurricane María’s devastating path through Puerto Rico, wireless carrier T-Mobile announced the first round of its T-Mobile Foundation Regional Grants for Puerto Rico, granting $10,000 each to Para la Naturaleza, Extra Bases Foundation and the Special Olympics. Since the hurricane devastated the island, T-Mobile has spared no expense to rebuild […]
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Op-Ed: Digital transformation and development of smart cities
September 20, 2019
In recent years we have seen in Latin America a rushed process of urbanization, which has brought several challenges for the region. In turn, it has given visibility to the great contrasts that still exist in our countries, being that although much of the population of the region lives in cities, there are still many […]
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Gov’t proposes new rate structure for P.R./Vieques/Culebra ferry service
September 19, 2019
The Maritime Transportation Authority is proposing a change the fare structure for ferry service between Puerto Rico and the island municipalities of Vieques and Culebra that would charge non-residents $11.25 per trip. Fares for residents of the two islands would remain the same. The proposed revisions also call for hikes on fees charged to transport […]
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Grupo Guayacán pumps $1.2M into 175 Puerto Rican biz ventures post-María
September 19, 2019
A total of 175 Puerto Rican business ventures benefited from $1.2 million in funding granted over the past two years by Grupo Guayacán Inc. to boost the island’s recovery after the devastating hit of Hurricane María in September 2017, the nonprofit said. Among the business, 42 were projects in the idea development stage, 100 were […]
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SBA graduates 39 co.’s from Emerging Leaders Program in P.R.
September 19, 2019
The U.S. Small Business Administration graduated 39 companies from its Emerging Leaders program in Puerto Rico, completing the fifth cycle of the training series offered to small business entrepreneurs on the island, with cohorts in San Juan and — for the first time — in Ponce. “The desire to continue moving our island forward, even […]
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’19 Ford Environmental Grants Program announces 6 winning projects in P.R.
September 19, 2019
As part of its objective of contributing to a more sustainable future through supporting community efforts focused on natural resources conservation and management, the Ford Environmental Grants program distributed $40,000 among the six winning projects of the 2019 edition. The award-winning community projects of this edition are: Bucaré Urban Garden, by the Coalition for the […]
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Science Trust, NASA unveil new real time hurricane monitoring tool
September 19, 2019
A new tool is now available to monitor the atmospheric phenomena of the season in real time thanks to the Collaboration Portal of the Puerto Rico Science, Technology and Research Trust and the National Aeronautics and Space Administration, the entities announced. Forecasted storm trajectory, wind speed, expected rain and projected storm surge are some of […]
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P.R. revenue collections reach $1.05B in July, Treasury Dept. says
September 18, 2019
Preliminary net revenues collected and deposited into Puerto Rico’s General Fund for the recently begun Fiscal 2020 totaled $1.05 billion, Treasury Secretary Francisco Parés said. “July 2019 revenues surpassed last year’s revenues by $305.5 million, a 41.2% increase,” he said, adding that July 2019 revenues were $159.9 million above projections. The corporate income tax category […]
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P.R. retail sales ‘kept the pace’ in July 2019, gov’t confirms
September 18, 2019
Retail sales reached the second highest level for a month of July in the past decade, with nearly $2.9 billion in activity, Puerto Rico Trade and Export confirmed. The highest month in sales over the past decade was July 2018 with a total $3 billion, which the agency described as “totally atypical behavior” when compared […]
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Collaboration between public, private sectors ‘key’ to boosting P.R.’s tourism
September 17, 2019
Collaboration between the private and public sectors is essential to continue boosting tourism and be able to reach the goal of doubling Puerto Rico’s visitor’s economy. Such was one of the conclusions of a panel discussion during the first annual Tourism Conference sponsored by Destination Marketing Organization Discover Puerto Rico. The panel that Discover Puerto […]
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P.R. entrepreneurs confirm benefits of federal grants on their businesses
September 17, 2019
Local entrepreneurs and researchers who have marketed their innovations thanks to federal grant programs and the support of local business ecosystems organization gathered in San Juan to celebrate and share their success stories. The testimonials came during “The Faces of Innovation in Puerto Rico: SBIR Road Tour Kickoff” event organized by the Puerto Rico Science, […]
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August new car sales dip 10% year-over-year, trade group confirms
September 17, 2019
New car sales in Puerto Rico took a 10% dip in August when compared to the same month in 2018, the United Group of Automobile Importers confirmed. The organization known as GUIA for its initials in Spanish, which represents the automotive industry in Puerto Rico, confirmed that August ended with a total of 8,236 units […]
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Liberty LatAm picks TiVo to launch next-generation TV services in P.R.
September 16, 2019
Liberty Latin America has selected TiVo’s Next-Gen Platform to deliver “cutting-edge innovations” to its video customers in Puerto Rico, the companies announced. Over time, Liberty Latin America also plans to launch TiVo’s Next-Gen Platform in other markets across Latin America, TiVo executives confirmed. TiVo’s Next-Gen Platform enables Liberty Latin America to seamlessly transition to IPTV […]
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Med Center opens new $7M Chronic Conditions Clinic in Ponce
September 16, 2019
Med Center announced the opening of a new $7 million Chronic Conditions Clinic in Ponce to address of asthma, hypertension and diabetes issues, executives announced. “Med Center’s Chronic Conditions Clinic will provide the most advanced health care to control comorbid conditions of diabetes, hypertension and asthma in Puerto Rico,” said Med Center Executive Director Allan […]
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