MCS Foundation and Grupo Guayacán, Inc. (GGI) announced the call for applications for the second annual MCS Foundation Health Innovation Fellowship which will sponsor the participation of one company within the healthcare industry to the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico […]
Colmena66, the specialized business support network that operates under the direction of the Puerto Rico Science, Technology and Research Trust has more than 200 organizations and programs in its network dedicated to building and strengthening the business community on the island. The organization affiliated with SourceLink, an organization established with the support of the Kauffman […]
The Puerto Rico Electric Power Authority’s transformation will require a strong energy policy as well as an implementation strategy that considers the island’s “complex situation.” Such was the opinion of Tomás J. Torres, executive director of the Puerto Rico Institute for a Competitive and Sustainable Economy, in testimony presented before the U.S. House of Representatives Committee […]
As Tax Day 2019 swiftly approaches, numerous entrepreneurs are seeing new benefits from the Tax Cuts & Jobs Act, enabling them to grow their ventures and hire additional staff. I recently co-hosted the White House Manufacturing Roundtable at which about 20 small business owners discussed the resurgence of manufacturing in the chemical, construction, consumer goods, […]
Gov. Ricardo Rosselló announced the creation of a digital platform that will allow users of the ferries traveling between Vieques, Culebra and Ceiba to purchase tickets online, access route maps and find answers to frequently asked questions. Through www.porferry.com users will have access to a detailed itinerary of routes with boarding and departure times, estimated times of […]
Doc Popcorn, a franchise featuring fresh-popped, kettle-cooked popcorn, will open its third co-branded location in Puerto Rico to also serve Dippin’ Dots flash-frozen ice cream at the Route 66 Outlets in Canóvanas on April 13, the retailer announced. The new co-branded Dippin Dots/Doc Popcorn store — as well as the ones in Bayamón and Hatillo […]
World Computer Exchange-Puerto Rico recently opened its first refurbishing club in the Padre Rufo Bilingual School in the Santurce neighborhood of San Juan. The new WCE Refurbishing Club lab will be installed in a storage area at the school, which has 347 students in grades 7-12, that was recently rebuilt by the Ciudadela real estate […]
Given that 43.5% of Puerto Rico residents are below the poverty level, according to the Federal Census Bureau, five nonprofits got together recently to present the Poverty Inc. documentary, in an effort to understand the causes of poverty and redefine strategies to eradicate it. MCS Foundation joined Fundación Banco Popular, the Centro para Renovación Económica, Crecimiento […]
Customers who visit restaurants of all types expressed a split decision as to whether technology facilitates or complicates their experience, a study by the Puerto Rico Restaurants Association showed. The EAT study, commissioned by the professional group to The Research Office, “found a very marked contradiction in the use of technology in restaurants,” said José […]
Individual Retirement Accounts (IRA) are one of the few instruments allowed by the Puerto Rico Internal Revenue Code that provide a tax benefit to individuals. In addition, it is an excellent vehicle to create a retirement fund. What is the taxable benefit? The benefit is to take a deduction in the income tax return for every […]
In the framework of the World Travel Tourism Council World Forum that is currently taking place in Seville, Spanish carrier Iberia announced it will expand its operation on the Island to offer direct flights between Madrid and San Juan throughout the year. The airline will offer three weekly flights between Madrid and San Juan during […]
SG Blocks Inc., a designer, fabricator and innovator of container-based structures, is teaming up with two companies to build out 55 homes in Guayama that will be ready before year’s end. The $4 million housing project will be developed jointly with Capital Plus Financial, a certified Community Development Financial Institution and certified B Corporation, and […]
Rock Solid Technologies, a public sector-focused software and IT services company with headquarters in Puerto Rico and Austin, Texas, announced it has entered into a definitive agreement to merge with CitySourced. The combined business will be led by Rock Solid CEO Rick Brown, and CitySourced CEO Jason Kiesel will join the executive team of Rock […]
NBCUniversal Media, a U.S.-based mass media conglomerate, has blocked access to Telemundo and NBC Puerto Rico because Liberty Puerto Rico did not accept a rate increase that would see retransmission for these channels more than double over two years, the television provider said. At 6 p.m., NBCUniversal also removed 13 other channels from Liberty’s lineup […]
Total Petroleum Puerto Rico, Corp., invested $50 million in the expansion of its Guaynabo Bulk facility to double its storage capacity to the equivalent of six weeks of sales. “This significant investment carried out over the past two years signals Total’s commitment to Puerto Rico. It allows Total, as a responsible energy major, to strengthen […]
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