Social and Solidarity Economy Network anticipates ‘more disruption’ in ’21
December 30, 2020
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. […]
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WSP USA Building Inc./Marvel Architects chosen to develop PROtech project
December 24, 2020
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 […]
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33 entities taking part in Puerto Rico Public Health Trust telemedicine initiative
December 22, 2020
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 […]
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16 Puerto Rico entrepreneurs turn business idea into reality
December 22, 2020
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 […]
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Duke and Duchess of Sussex to fund World Central Kitchen relief center in Puerto Rico
December 21, 2020
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 […]
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2 local nonprofits receive grants from philanthropist MacKenzie Scott
December 21, 2020
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 […]
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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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