Three years since its establishment on the island, Endeavor Puerto Rico has raised $1 million for its Endeavor Catalyst Fund, from local investors who seek to support the nonprofit’s goal “to help more entrepreneurs innovate, grow and create a mark on the global stage.” The nonprofit presented a result report that summarizes the most important […]
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) will host its SME Marketing Summit on Oct. 21, when under the slogan “Stop Marketing, Start Mattering,” it will present a new study entitled “Citizens and Brands with Purpose,” commissioned to Estudios Técnicos Inc. Anitza M. Cox, director of the firm’s analysis and social […]
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 […]
New Jersey-based ASCO Power Technologies recently participated in the development of a solar panel grid for the Niños Jesús de Nazaret children’s shelter in Mayagüez, which was without power for months after Hurricane María struck in 2017 and has had no reliable source of power since. The facility serves as a home and school for neglected children […]
Foundation for Puerto Rico announced it won a Gold Rank for its Bottom Up Destination Recovery Initiative, a project in the category of Resiliency, Recovery and Mitigation of the International Economic Development Council (IEDC). The award was presented at an awards ceremony during the IEDC Annual Conference, which is currently underway. “We’re honored to receive […]
Grupo Guayacán recently concluded its “25 Days of Giving” campaign, which raised $73,815 for its endowment fund in support of its business development programs. The result exceeded the established goal, thanks to the support of 491 donors who joined its initiative, officials said. This campaign was a special version of its traditional yearly Guayacán Giving […]
People 55 and older living in Puerto Rico experienced the most significant increases in internet access and digital media use, increasing from 62% in 2019 to 86.5% in 2021, while those 65 and over jumped from 28% to 43.6%. However, even with this jump of more than 657,000 people 55+ who are connected, gaps in […]
The Federal Emergency Management Agency (FEMA) has allocated more than $1.2 million to make repairs to the facilities at the iconic Caja de Muertos Island Nature Reserve, located off Puerto Rico’s southern coast. Among the attractions of this protected natural area are the Pelícano beach and several educational offerings, such as talks or sea turtle […]
ORLANDO, FL — The growth of the Hispanic population, especially of seniors in Polk County, and recognizing the impact of COVID-19 on emotional health and wellbeing, has pushed Reliance Medical Centers to maximize its operations by providing specialized bilingual services and bringing well-being advisors as part of its big plans of expansion. Dr. Carlos Romero, […]
Aircraft reconstruction firm Ecolift Corp. has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for Puerto Rico in San Juan, listing nearly $2.6 million in debt. In the filing, the company founded in 1998 and headquartered at the Isla Grande airport in San Juan, listed as its largest creditors legal firm Fox […]
The Bravo Family Foundation (BFF) announced the winners of the second edition of its Rising Entrepreneurs Program (REP), an entrepreneurship acceleration initiative aimed to scale local tech and innovation startups with capital, mentoring, and world-class curricula. Local startups Beauty 911, Sirena Patterns, and FindIt, which are all women-led, were declared the winners among a […]
The Foundation for Puerto Rico’s Innovation Center will hold the Innovation Council’s first meeting on Sept. 28, to bring together more than 60 leaders from a cross-section of sectors including communities, government, private sector, academia, nonprofits, and professional associations. The goal is to establish a priority agenda to be developed under a participatory process, the […]
The Concilio de Salud Integral de Loíza Inc., which has facilities in the towns of Loíza, Río Grande, Ceiba and Luquillo, announced the groundbreaking of the new Clinica Familiar in Luquillo, through a $4.6 million investment in federal funding. The executive of the entity known as CSILO, César A. Rodríguez, said the new primary care […]
The Securities and Exchange Commission announced charges against Puerto Rico-based Back to Green Mining LLC and its two managing members, José Jiménez-Cruz and Manuel Portalatín, for their participation in a fraudulent and unregistered offering in a purported “green” mining venture. The SEC’s complaint alleges that, from August 2016 until at least 2020, Back to Green, […]
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