Guayacán Venture Accelerator opens call for virtual edition
February 17, 2021
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 […]
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CienciaPR launches #AquíNosCuidamosPR COVID-19 prevention campaign
February 16, 2021
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 […]
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SME to host virtual Sales Summit Feb. 18-19
February 16, 2021
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 […]
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Bluhaus Small Business Fund completes $5M investment in Acrecent Financial
February 10, 2021
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 […]
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Startup accelerator gener8tor announces launch of gBETA San Juan
February 10, 2021
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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FirstBank lawsuit is latest in string of court claims against St. Clair
February 8, 2021
A report released last week by research firm Boletín de Puerto Rico revealed that financial institution FirstBank had filed a civil lawsuit against entrepreneur Keith St. Clair and his businesses, Around the World Holdings and Noir, LLC, seeking to collect on more than $3.8 million on a defaulted loan. The bank sought repayment of a […]
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Uber’s new safety feature detects trips that end earlier than expected
February 5, 2021
Rideshare company Uber released a new version of the RideCheck feature to detect if a trip ends earlier than expected, as part of its mission to offer passenger safety. This is in addition to the feature implemented a year ago, where the company launched a feature to detect long and unexpected stops. In both of […]
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LUMA attorneys charge $1K+ an hour and consultants get paid nearly $5M to write plans
February 3, 2021
By Eliván Martínez MercadoCenter for Investigative Journalism Hiring a law firm that charges up to $1,245 per hour. The outsourcing of foreign companies such as Alumbra, from Colorado, which has billed as much as $1.3 million in a single month for plans to transform the energy system without having gone through a competitive process. This […]
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Historic San Juan Custom House to undergo $44.1M renovation
February 2, 2021
The U.S. Customs and Border Protection has awarded a $44.1 million contract to Framingham, Mass.-based Perini Management Services Inc. to repair and renovate the historic San Juan Custom House, the company announced. Perini Management Services Inc. is a subsidiary of Tutor Perini Corp., a civil, building and specialty construction company. The San Juan Custom House, […]
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La Comprita launches express service through UBER Eats
February 2, 2021
La Comprita and UBER Eats announced the launch of a new service that will allow local consumers to order some 500 grocery products for same-day delivery starting this week. The new delivery service’s fee will be waived for the first two weeks, company officials said. The new service, La Comprita Express, is set to deliver […]
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Never-ending wait for thousands of Puerto Ricans who filed claims in bankruptcy proceeding
February 1, 2021
By Luis J. Valentín-OrtizCenter for Investigative Journalism It was the morning of Nov. 18 when federal Judge Laura Taylor Swain asked several times if anyone had come to the offices of Piloto 151 in Hato Rey to participate in the hearing. A dozen people with masks waited outside, but the official from the federal court […]
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Bettina Cosmetics distinguishes 4 Hispanic entrepreneurs as it eyes new markets
February 1, 2021
ORLANDO, FL — Puerto Rican manufacturer Bettina Cosmetics is in full expansion mode across Florida and is now in conversations to enter the Panama market, a country that is a commercial bridge in Central America, this media outlet learned. The country is interested in the Bettina makeup line that is designed specifically for Latina women’s […]
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Startups, innovation projects invited to participate in funding competition
February 1, 2021
Puerto Rico startups and innovative research projects are being given the chance to access to funds from the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs — which represent the largest seed capital fund in the United States. The call to participate in the “Acércate al Grant” program comes from Colmena66, […]
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San Sebastián Street Fest going ‘hybrid’ on Jan. 30-31
January 28, 2021
San Juan city officials confirmed that this year’s traditional San Sebastian Street Festival will take place in a hybrid format — combining limited presence in Old San Juan with virtual events — on Jan. 30-31, with a much smaller budget than prior editions, health protocols to prevent the spread of COVID-19. In a press conference, […]
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Nonprofit transparency watchdog Espacios Abiertos unveils Fiscal Observatory
January 27, 2021
Aware of the difficulties that people face in inserting themselves into government debates and decisions on fiscal and budget issues, nonprofit Espacios Abiertos analyzed thousands of documents from the past 16 years to develop the new Observatoriofiscalpr.com platform, which seeks to provide greater accessibility and narrow information gaps. Daniel Santamaría-Ots, senior analyst of public policy […]
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