Pepsi-Cola Puerto Rico pumps $7 million into vehicle fleet upgrade
December 21, 2020
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 […]
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Parallel18 marks 5th anniversary as it releases its 2020 Impact Report
December 18, 2020
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 […]
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MCS Foundation fundraiser pursuing $1M for elderly population
December 17, 2020
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, […]
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Puerto Rico Chamber of Commerce partners with Babson College
December 15, 2020
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, […]
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Women-led companies dominate Grupo Guayacán’s EnterPRize business competition
December 11, 2020
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 […]
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Parallel18 launches digital tool to spark global investment, business opportunities
December 8, 2020
As a direct response to the COVID-19 pandemic, parallel18, the international startup program based in Puerto Rico, launched a digital tool that connects its participant and graduate companies with investors and corporate partners from all over the world. The Startup Directory is an initiative through which the Puerto Rico Science, Technology and Research Trust’s program aims to […]
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Abarca expands Better Care Community program
December 2, 2020
Abarca Health has extended the 2nd edition of its Better Care Community Program (BCCP), which seeks to support the work of health-related nonprofit organizations improving the quality of life of communities in Puerto Rico, to Florida. To apply, organizations must fill out a questionnaire before Jan. 14, 2021. Three winning organizations will be chosen to […]
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Practical Techie: Earthquakes did Arecibo Observatory in
December 1, 2020
What to do if one is terrified, bordering on a phobia of earthquakes? Well, find places in the world that never tremble. They are geographic regions where there are no unstable tectonic plates, or that may not rest over geological faults. Countries with good footing, as a builder would say. Such havens are identifiable on […]
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Study: Consumers now ‘cautious’ with personal finances, more digital than ever
November 26, 2020
A survey conducted by Mastercard and Americas Market Intelligence (AMI) in 13 countries across the Latin America and Caribbean region recently showed how consumer habits have changed, how the demand for financial services has increased, and how companies will have to adapt to the novel digital ecosystem generated by the pandemic. The results of the […]
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Youth Development Institute: Federal gov’t is withholding aid for poor kids
November 26, 2020
Nonprofit organization Youth Development Institute is urging the Puerto Rico Department of the Family to urge the federal government to disburse some $30 million a month in funding approved in March, which have yet to be disbursed, to aid the island’s poor kids. The nonprofit blamed the federal government’s bureaucracy for the delay in funding […]
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Donations to Puerto Rico nonprofits double through ATH Móvil app
November 24, 2020
Donations to nonprofit organizations in Puerto Rico through Evertec’s “Donate” feature included in its ATH Móvil application have doubled to $3 million so far in 2020 and have brought the 1.5 million users closer to the sector, company officials said. Registrations of nonprofits in the ATH Móvil donation service and the amount of donations through […]
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4th edition of Mini Maker Faire returns to Caguas, in virtual format
November 23, 2020
Under the theme “Makers Entrepreneurs,” the Centro Criollo de Ciencia y Tecnología del Caribe (C3Tec, in Spanish) announced the fourth edition of the Caguas Mini Maker Faire, which this year will be held virtually Dec. 4-5. Since 2006, the maker culture has held events around the world, where makers exhibit their works or projects, in […]
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Grupo Guayacán will celebrate traditional end-of-year event in virtual format
November 20, 2020
Grupo Guayacán will celebrate its traditional end-of-year event in a virtual format — in tune with the current pandemic — to highlight achievements of the organization and its participants, as well as the award ceremony of the 2020 EnterPRize competition. The virtual event will be broadcast Dec. 10 at 7 p.m. on Grupo Guayacán’s YouTube […]
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‘Practical Techie:’ Web is key to keeping tabs on the pandemic
November 18, 2020
The COVID-19 epidemic hit like a bolt of lightning that struck way before any thunder was ever heard. The figurative manner with which many global experts describe the long-term effects of the coronavirus pandemic as they estimate that the thunder will last longer than the flash. At least, a valid estimate for a full recovery […]
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Foundation for Puerto Rico, Clinton Global Initiative recognize work of 7 co.’s
November 17, 2020
Foundation for Puerto Rico (FPR), in collaboration with the Clinton Global Initiative (CGI), held the first Partners for Good Awards 2020 during which they recognized the work of seven companies, as well as the role each played in Puerto Rico’s recovery after hurricanes Irma and María, and the earthquakes that affected the southern region of […]
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