Parallel18 marks 5th anniversary as it releases its 2020 Impact Report
December 18, 2020
The Parallel18 startup acceleration program is marking its fifth anniversary with a rundown of its achievements so far, which include receiving 4,340 applications, graduating 211 companies of which 35% are from Puerto Rico and seeking 85% of them survive despite trying economic times. During a presentation, Parallel18 officials said $1.3 million were distributed in grants […]
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MCS Foundation fundraiser pursuing $1M for elderly population
December 17, 2020
The MCS Foundation recently launched its “A call for our people in need” fundraising campaign through which it hopes to raise $500,000, which it will match dollar-for-dollar, up to $1 million, to help Puerto Rico’s most vulnerable communities and the elderly, the nonprofit announced. This is the fourth fundraising campaign. “According to official Census data, […]
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Parallel18 launches digital tool to spark global investment, business opportunities
December 8, 2020
As a direct response to the COVID-19 pandemic, parallel18, the international startup program based in Puerto Rico, launched a digital tool that connects its participant and graduate companies with investors and corporate partners from all over the world. The Startup Directory is an initiative through which the Puerto Rico Science, Technology and Research Trust’s program aims to […]
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Donations to Puerto Rico nonprofits double through ATH Móvil app
November 24, 2020
Donations to nonprofit organizations in Puerto Rico through Evertec’s “Donate” feature included in its ATH Móvil application have doubled to $3 million so far in 2020 and have brought the 1.5 million users closer to the sector, company officials said. Registrations of nonprofits in the ATH Móvil donation service and the amount of donations through […]
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4th edition of Mini Maker Faire returns to Caguas, in virtual format
November 23, 2020
Under the theme “Makers Entrepreneurs,” the Centro Criollo de Ciencia y Tecnología del Caribe (C3Tec, in Spanish) announced the fourth edition of the Caguas Mini Maker Faire, which this year will be held virtually Dec. 4-5. Since 2006, the maker culture has held events around the world, where makers exhibit their works or projects, in […]
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Grupo Guayacán will celebrate traditional end-of-year event in virtual format
November 20, 2020
Grupo Guayacán will celebrate its traditional end-of-year event in a virtual format — in tune with the current pandemic — to highlight achievements of the organization and its participants, as well as the award ceremony of the 2020 EnterPRize competition. The virtual event will be broadcast Dec. 10 at 7 p.m. on Grupo Guayacán’s YouTube […]
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Foundation for Puerto Rico, Clinton Global Initiative recognize work of 7 co.’s
November 17, 2020
Foundation for Puerto Rico (FPR), in collaboration with the Clinton Global Initiative (CGI), held the first Partners for Good Awards 2020 during which they recognized the work of seven companies, as well as the role each played in Puerto Rico’s recovery after hurricanes Irma and María, and the earthquakes that affected the southern region of […]
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Puerto Rico organizations taking center stage during ‘Global Entrepreneurship Week’
November 11, 2020
The Kauffman Foundation’s “Global Entrepreneurship Week” will be celebrated globally Nov. 16-22 and this year will include local nonprofits that will co-host the event in Puerto Rico, organizers confirmed. Colmena66, a program of the Puerto Rico Science, Technology and Research Trust, Grupo Guayacán and YEES! are leading local efforts, holding bi-weekly multi-sector meetings over the […]
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Fundación Serrallés awards funds to 37 nonprofits in earthquake-hit zones
November 10, 2020
Destilería Serrallés Inc. announced the completion of donations to 37 nonprofits that participated in the call that Fundación Serrallés opened to offer essential services to victims of the earthquakes and earthquakes that have hit Puerto Rico’s south-southwestern regions since Jan. 7, 2020. The funds are part of the $1 million corporate contribution that the company […]
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Food Bank of Puerto Rico ‘show gratitude’ campaign to benefit those in need
November 9, 2020
The Food Bank of Puerto Rico is urging the community to contribute to its Thanksgiving “Collection with Gratitude” (“Recogido de Gratitud”) campaign to provide food and essential items to people in need. The food supply chain works through donations and volunteers that provide goods to more than 162 churches and institutions. At the same time, […]
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SBTDC launches initiative to help local businesses face new challenges
November 5, 2020
Seeking to strengthen local businesses by providing them free entrepreneurial education and personalized assistance, for the new challenges they face due to COVID-19, the Small Business and Technology Development Center (SBTDC) recently launched the Business Relief Assistance Program. This initiative will focus on providing business owners with the assistance and the support needed for access […]
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39 startups receive investment from parallel18’s Business Continuity Fund
October 28, 2020
As part of its mission to support innovative entrepreneurship and impact Puerto Rico’s economy, parallel18 — along with its parent organization, the Puerto Rico Science, Technology and Research Trust — announced the 39 startups that will benefit from its $1 million Business Continuity Fund. The BCF is an investment vehicle created to help graduated companies from the program […]
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Bloomberg Philanthropies, Flamboyán Arts Fund launch training program in Puerto Rico
October 22, 2020
Bloomberg Philanthropies and the Flamboyán Arts Fund announced their collaboration on the Arts Innovation and Management Puerto Rico program to provide 10 Puerto Rico-based nonprofit organizations with bilingual arts management training and tailored consulting services for fundraising, strategic planning, and digital marketing. The Flamboyán Arts Fund is a partnership between Flamboyán Foundation, composer Lin-Manuel Miranda, […]
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Vimenti reports progress in fight against child poverty for ’19-’20
October 21, 2020
Two years after starting operations at the Ernesto Ramos Antonini Residential in San Juan, Vimenti by Boys & Girls Clubs of Puerto Rico registered an improvement in the well-being of families, academic achievement of its students and levels of employability of its participants, program officials said. This was part of the findings of a report […]
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195 Puerto Rican college students get $191K in scholarships
October 5, 2020
With the goal of providing supplementary assistance to university students who show financial need, the Puerto Rico Community Foundation and the Hispanic Federation announced the granting of 195 scholarships from the Hispanic Federation Puerto Rico Recovery and Relief Fund to students from 57 towns on the island. The scholarship recipients are enrolled in a diversity […]
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