The Puerto Rico Economic Development Bank doubled the number of loans approved for small and mid-sized businesses in 2021, when compared to 2019, agency President Luis Alemañy said, adding that in doing so, “the public corporation has become one of the main sources of aid and financing” for that segment known as SMEs. Offering a […]
The Puerto Rico Department of Education announced a $75 million initiative to provide wireless broadband access to public school students and teachers through June 30. In a release, the agency confirmed the funding will come from the federal Emergency Connectivity Fund. The three companies participating in the initiative are Liberty Puerto Rico, Claro Puerto Rico […]
The Airbnb short-term rental platform confirmed that 23.5% of hosts in Puerto Rico said they started sharing their space to earn extra spending money, while 32.7% said they did it to make ends meet. Meanwhile, 25.5% of the hosts surveyed confirmed they want to earn money to grow as an Airbnb host, while 5.9% participate […]