Puerto Rican undergraduate students majoring in electrical, mechanical, computer, agricultural, or industrial engineering, as well as computer science, will have the opportunity to participate in the “Challenge to Innovate: NASA Edition” competition. The initiative of the Puerto Rico Science, Technology and Research Trust’s pre18 program and its Technology Transfer Office, together with Engine-4, will offer […]
The San Sebastián Street Festival, celebrated every year in January for four days straight in Old San Juan, will not be held in person this year due to the COVID-19 pandemic, eliminating crowds, sales, and limiting the exposure of independent vendors in the historic zone, this media outlet confirmed through several interviews. This week, San […]
US Customs and Border Protection’s (CBP) San Juan Field Office — which is responsible for multiple ports of entry in Puerto Rico and the US Virgin Islands — experienced a 175% growth in the number of counterfeit seizures in Fiscal 2021 to date in contrast to the same period in Fiscal 2020. In Fiscal 2020, […]
The 20/22 Act Society announced a record in the distribution of funds among this year helping more than 30 nonprofit organizations on the island that shared $1,085,000 in 2020. “Since 2013 we have made a strong commitment to support charitable organizations in the Puerto Rican community,” said Robb Rill, founder of The 20/22 Act Society. […]
The Puerto Rico Social and Solidarity Economy Network’s (Red ESSPR, in Spanish) development agenda for 2021 will include increasing the scope of its efforts to facilitate more alliances across economic sectors, educate the community, and strengthen a dozen initiatives carried out this year, among them trade exchanges, financial agreements, and national representation in international events. […]
The consortium comprised by WSP USA Building Inc./Marvel Architects has been chosen to develop the Puerto Rico Ocean Technology Complex (PROtech) project in Yabucoa, the Department of Economic Development and Commerce announced. The consortium for the $300M thermal ocean energy project unveiled in July was chosen after completing the selection process to develop the complex […]
The Puerto Rico Public Health Trust announced the start of its Telemedicine Distance Education, consisting of virtual training and delivery of equipment to more than 30 clinics located in rural areas of the island. The project comes after the U.S. Department of Agriculture (USDA) awarded a $1.1 million grant for distance training and telemedicine and […]
Sixteen aspiring entrepreneurs recently completed the Foundation for Puerto Rico’s Emprende 360° business education program to turn their business ideas into reality. After a 12-month process with leading organizations in the entrepreneurial ecosystem, the cohort developed 11 business ideas for the Coamo and Ponce region and was awarded $2,000 in seed capital to jump-start each […]
The Duke and Duchess of Sussex — Prince Harry and Megan Markle — will be partnering with World Central Kitchen through their nonprofit Archewell Foundation to fund the construction of four Community Relief Centers throughout the world, including one in Puerto Rico. The couple made the announcement in a statement released Sunday, confirming their nonprofit’s […]
The United Way of Puerto Rico and the Puerto Rico Food Bank were two of the 384 nonprofits that will split $4.2 billion in charitable giving from philanthropist MacKenzie Scott, co-founder of Amazon and the richest woman in the world. In a post she published late last week, Scott said the economic and health-related losses […]
Pepsi-Cola Puerto Rico Distributing recently announced that its supply chain is undergoing a series of improvements, including a $7 million modernization of its fleet of vehicles. As part of the initiative, the distributor bought 48 new trucks, labeled with the iconic Pepsi and 7UP brands, to deliver and distribute its products to points of sale […]
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 […]
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, […]
The Puerto Rico Chamber of Commerce (CofC) will offer new, discounted access to executive education and part-time MBA programs in collaboration with Babson College to promote the entrepreneurial development of the Puerto Rico business community. Babson College is the leading institution for entrepreneurship, preparing and empowering entrepreneurial leaders to navigate change, accommodate ambiguity, surmount complexity, […]
Women entrepreneurs headed this year’s list of winners of Grupo Guayacán’s 2020 edition of the EnterPRizebusiness competition, with health technology start-up Evocare as the big winner, nabbing several awards, including first place in the competition and earning $70,000 in prizes. This is the largest sum of seed capital obtained by a single winner in the […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA