Nonprofit Direct Relief and AbbVie teamed up to donate $90,000 to Solar Responders to install solar panels and a battery storage system at the Cataño Fire Department. “Energy resilience is one of the five pillars of Direct Relief’s mission on the island. Installing renewable and resilient energy systems in strategic locations such as health clinics […]
A total of 37 families in the town of Guayama now have a safe roof over their heads through an initiative by Habitat for Humanity of Puerto Rico and its Housing Repair Program, created to aid in the rehabilitation and reconstruction of homes across the island affected by the Hurricanes Irma and María. The project, […]
Colmena66, a San Juan-based based nonprofit that connects island entrepreneurs and small business owners to local and regional resource partners, was awarded $10,000 through the Lab-to-Market (L2M) Inclusive Innovation Ecosystem Prize Competition, sponsored jointly by the US Small Business Administration and the National Science and Technology Council. The nonprofit received the “Super Connector” award for its submission highlighting […]
The College of Engineers and Land Surveyors, in collaboration with several partners, delivered the keys of two of their houses built under the “Mi Casa Resistente” (“My Resistant Home”) project, at a cost of $95,000 each. The trade group known as the CIAPR in Spanish, worked with the College of Architects and Landscape Architects, the […]
By Rafael R. Díaz TorresCenter for Investigative Journalism Machines costing thousands of dollars are operated from a small office on the college campus. Keeping them in good condition costs the government’s coffers several million annually. They are seismic and tide-gauge station devices that are part of the tsunami and earthquake detection system. Monitoring this information […]
The Foundation for Puerto Rico unveiled its Center for Strategic Innovation, whose mission will be to transform Puerto Rico’s socioeconomic development. The entity will be led by former gubernatorial candidate Alexandra Lúgaro. The Center seeks to achieve transformative change in Puerto Rico and the rest of the world through research and cross-sector partnerships, the nonprofit […]
Altamira Reserve, an 80,133 square-foot mixed-use complex in Guaynabo next to the busy Econo Altamira grocery store, is currently under construction with plans to open in the first quarter of 2022. The project is already visible from Martinez Nadal Ave. (PR-20) and is being developed by Bellagio Corp. for owner Rúa, LLC, which is also […]
LUMA Energy, the company that will operate Puerto Rico Electric Power Authority’s electric power transmission and distribution system for the next 15 years, vowed not to increase rates during the first three years after it officially begins operating on June 1, 2021. In a presentation to members of the media, LUMA CEO Wayne Stensby confirmed […]
The Coliseo de Puerto Rico José Miguel Agrelot in Hato Rey is preparing for its reopening and the resumption of events and concerts with the completion of 14 improvement projects at an investment of $2.2 million, Mariela Vallines, executive director of the Conventions District, which oversees the venue. “In addition, 27 other necessary improvement projects […]
Acrecent Financial Corp. announced it partnered with BluHaus Capital, Puerto Rico Fund for Growth, and Farragut Capital Partners to extend a $13 million bridge loan to Puerto Rico Hospital Supply. Since its founding in 2004 Acrecent has consistently made credit accessible to small- and mid-sized enterprises (SMEs) — at times against challenging backdrops including the […]
Entrepreneurs throughout Puerto Rico will have the opportunity to participate in the 13th edition of the Guayacán Venture Accelerator (GVA), the executive development program offered by Grupo Guayacán for established companies that wish to accelerate their growth. This year, the GVA program will be offered virtually, to facilitate access for participants, organizers said. The closing […]
To continue promoting education for the prevention of the coronavirus that causes COVID-19, the non-profit organization Ciencia Puerto Rico (CienciaPR) developed the “Aquí Nos Cuidamos Toolkit” or #AquiNosCuidamosPR. It consists of four public service campaigns with free informational and educational resources. The purpose of #AquiNosCuidamosPR is to empower vulnerable and marginalized communities in Puerto […]
The impact of digital commerce and the new consumption patterns caused by the COVID-19 pandemic outline the agenda of the Puerto Rico Sales and Marketing Executives Association’s (SME, in Spanish) SME Sales Summit coming up on Feb. 18-19. The virtual event will mark this year’s Professionals Salespersons Week and will serve as an alternative for […]
Bluhaus Small Business Fund, a Puerto Rico-based private equity fund, completed a $5 million investment in Acrecent Financial Corporation, an alternative lender with nearly two decades dedicated to addressing the credit needs of small and medium-sized enterprises. This investment is the Bluhaus’ inaugural transaction after its establishment in March 2020 and being licensed by the […]
Startup accelerator gener8tor announced the launch of gBETA San Juan, the first gener8tor program to be offered in both English and Spanish. gBETA is a pre-accelerator for early-stage companies, and gBETA San Juan will add to the 23 existing programs across the U.S. and Canada, it confirmed. gBETA is a free high performance accelerator for […]
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