Puerto Rico based accelerator, Parallel18, announced Wednesday its third global open call for startups with the vision of expanding their businesses in the United States and Latin America.
The Puerto Rico Commission for the Comprehensive Audit of the Public Credit sent a letter Monday to the Financial Oversight and Management Board for Puerto Rico outlining its work so far, including two preliminary audits that it hopes the federally appointed body will review.
A study released by the Puerto Rico Statistics Institute showed that Research & Development investments during Fiscal 2015 were $443.3 million, or to 0.43 percent of the island’s GDP. This represents a slight 1.3 percent drop compared to Fiscal 2013.
Puerto Rico’s “Generation Z,” those born after 1995, aspire to earn a college degree, be self-employed, and favor quality of life and experiences over money.
The majority of Puerto Rico’s 78 municipalities are in dire financial conditions, with more than half carrying deficits on their general funds, the Center for Integrity in Public Policy (CIPP) revealed in its third annual Financial Health Index.
Omnicom Media Group, the media services division of Omnicom Group Inc. announced Tuesday the launch of its third agency network in Puerto Rico: Hearts & Science (H&S).
With 15 participating teams of innovators and entrepreneurs, Grupo Guayacán and the Puerto Rico Science, Technology & Research Trust launched the fourth edition of I-Corps Puerto Rico at the latter’s headquarters this weekend.
Long-time third-party logistics provider César Castillo Inc. announced it will open its third warehouse in November after an investment of more than $1 million in equipment.
After a successful first workshop delivered by Yale University in May 2016, the Yale Center for Clinical Investigation (YCCI) this week offered a series of workshops on clinical research to Puerto Rican researchers.
The Episcopal San Lucas Hospital in Ponce unveiled Tuesday a $2.5 million investment in its facilities, where it added a new Fetal Medicine Center, an Intermediate Emergency Room Unit, as well as new nuclear equipment.
Backyard Bondholders, a nonprofit group representing more than 60,000 individual Puerto Rican creditors holding about $15 billion in public debt, warned Monday that the government’s proposed 10-year fiscal plan would jeopardize future economic growth recovery.
Foundation for Puerto Rico presented Thursday its strategic vision to develop the island’s visitor economy as the first step toward the island’s economic transformation within the next five years.
Cuban-born Manuel Cidre, a highly successful CEO who’s put off by the partisan bickering he says has crippled the island’s economy, wants to make Puerto Rico great again — so he’s running for governor as an independent.
District Live! — an $89 million entertainment project being developed next to the Convention Center in the Miramar sector of San Juan — was announced Wednesday by developers PRISA Group.
Empresarios por Puerto Rico, a multi-sectoral organization that groups local-capital companies, presented specific economic development proposals to the Congressional Task Force on Economic Growth in Puerto Rico aimed to incentivize the island’s fiscal panorama.
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