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GE Vernova says its LM2500XPRESS gas turbine package is 95% factory assembled for faster site installation. (Credit: GE Vernova)
Featured, General Biz News
GE Vernova turbines to deliver 244 MW, boost Puerto Rico grid reliability
NIMB Staff July 2, 2025

Six LM2500XPRESS units ordered to modernize PREPA plants in Daguao, Jobos and Yabucoa. #NewsismyBusiness

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The site was originally approved for a 192-unit development called Playa Bahía. (Credit: Christiansen Commercial)
Featured, General Biz News
Loíza beachfront site with 60 apartments listed for $3.5M redevelopment
NIMB Staff July 1, 2025

Partially built Playa Bahía project offers opportunity in housing and tourism. #NewsismyBusiness

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Entrepreneurs and government officials from Florida and Puerto Rico gathered for the Orange County D4 Business Journey 2025, held at the Guidewell Innovation Center in Lake Nona.
Featured, General Biz News
Hispanic entrepreneurs in Orlando explore AI, gov’t aid at D4 event
Cecilia Figueroa June 27, 2025

Event fosters cross-regional ties, spotlighting cybersecurity, AI and government contracting. #NewsismyBusiness

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Gloria del Carmen Amador-Fernández, president of SIM Health
Featured, General Biz News
SIM Health breaks ground on $10M health center in Orlando
NIMB Staff June 26, 2025

Puerto Rico-based provider expands into Central Florida with integrated care center. #NewsismyBusiness

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A screen capture of bottles from Puerto Rico’s rum brands featured in a promotional campaign by the Rums of Puerto Rico program.
Featured, General Biz News
Puerto Rico launches artisanal rum brands in US market
NIMB Staff June 26, 2025

Craft labels expand the island’s global reputation as the ‘Rum Capital of the World.’ #NewsismyBusiness

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Denisse Rodríguez-Colón, executive director of Colmena66
Featured, General Biz News
70% of Puerto Rico businesses are 3+ years old, Colmena66 study finds
NIMB Staff June 25, 2025

2024 report reveals growth in revenue, preparedness and expansion goals. #NewsismyBusiness

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Wichie Sound Performance, founded 37 years ago in Puerto Rico by Fernando “Wichie” Martínez, was acquired by Clair Global.
Featured, General Biz News
Clair Global acquires Puerto Rico’s Wichie Sound Performance
NIMB Staff June 25, 2025

Veteran audio company joins global network; operations to continue locally. #NewsismyBusiness

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Nonprofit ProTechos, a grant recipient, trains youth in carpentry and helps repair homes damaged by natural disasters.
Featured, Nonprofit organizations
25 Puerto Rico education, health, arts nonprofits split $265K in grants
NIMB Staff June 23, 2025

The next call for proposals will be open from Aug. 1-31. #NewsismyBusiness

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Featured, General Biz News
Study: Private label brands drive growth in DomRep, gain in Puerto Rico
NIMB Staff June 19, 2025

NielsenIQ study highlights divergence in modern retail trends across the region. #NewsismyBusiness

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Puerto Rico has two Job Corps campuses: one in Garrochales, Arecibo, and another in Ramey, Aguadilla.
Featured, General Biz News
Velázquez calls on Labor secretary to halt Puerto Rico Job Corps shutdown
NIMB Staff June 18, 2025

Lawmakers urge reversal of phase-out that would impact hundreds of youth, jobs. #NewsismyBusiness

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“The support from Fase1 Intensive is important to ensure that I start off on the right foot and can move on to the next level. Being here, I feel like I'm in the right place, surrounded by the right people,” said Melissa Fort (center) from Gold Dust, a participant in Fase1 Intensive’s fourth cohort.
Featured, General Biz News
Science Trust picks 52 entrepreneurs for Fase1 startup incubator cohort
NIMB Staff June 17, 2025

New Gen. 4 class includes business ideas in tech, tourism and health care. #NewsismyBusiness

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Roxana Trabanco, director of Ipsos, presents the study’s findings.
Featured, General Biz News
Permitting delays, rising costs top challenges in CofC-Ipsos business study
NIMB Staff June 13, 2025

Report finds red tape, service instability and job insecurity hurt competitiveness. #NewsismyBusiness

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The property spans approximately three acres and includes two buildings totaling more than 24,000 square feet — one measuring 17,441 square feet and the other, a former maintenance garage, at 7,312 square feet. (Credit: GSA)
Featured, General Biz News
GSA opens auction for prime 3-acre commercial site in Caguas
NIMB Staff June 13, 2025

Property features existing structures, strategic location near major roads. #NewsismyBusiness

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From left: María Enchautegui-Román, director of research, and Sarah Vázquez-Pérez, interim executive director of the Youth Development Institute, present findings from the organization’s latest poverty report.
Featured, General Biz News
72K working families in Puerto Rico remain in poverty, IDJ data shows
NIMB Staff June 11, 2025

Youth Development Institute urges action to support low-income households. #NewsismyBusiness

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Alberto Cordero, managing director of ethree Solutions, which recently opened a new office in San Juan as part of its regional expansion strategy.
Featured, General Biz News
ethree Solutions invests $1M in Puerto Rico hub, expands to LatAm
NIMB Staff June 11, 2025

San Juan office anchors regional growth as firm unveils new brand identity. #NewsismyBusiness

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QUOTE OF THE WEEK:

“The purpose of this report is not only to highlight challenges but to catalyze solutions using data gathered directly from entrepreneurs themselves. It’s an invitation to act collectively to strengthen the ecosystem.”

 

— Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, on Colmena66’s 2024 Interactive Report on the State of the Business Community in Puerto Rico

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