A federal grant is “a way the government funds ideas and projects to provide public services and stimulate the economy,” and it is one among many ways the US government reallocates resources to eligible recipients. With the Biden administration, citizens and businesses in Puerto Rico expect that the massive investment in federal dollars allows full […]
The rum industry could play a significant role in the recovery of Puerto Rico’s economy since it has a considerable impact on the treasury. Under the Federal Rum Excise Tax Cover-Over Program, every year excise taxes collected on Puerto Rican rum imported into the United States is transferred to the treasuries of the island. Since […]
The Puerto Rico Science, Technology & Research Trust’s Research Grants program, in collaboration with the Technology Transfer Office, has opened BEACON, a centralized platform that will provide insight into Puerto Rico’s research and science ecosystem. The platform aims to centralize the island’s scientific and research talent, to spur new alliances and increase local and international […]