Study: Co.’s in Puerto Rico embrace hybrid work trend during pandemic
July 23, 2020
A hybrid model that combines office work and remote work is the predominant trend among companies in Puerto Rico during the COVID-19 pandemic, according to a survey conducted this summer by Puerto Rican consulting firm Retention Strategies. The results showed that only a third (32%) of the companies surveyed have managed to fully reopen their […]
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PathStone Enterprise Center to help 150 local co.’s land gov’t contracts
July 22, 2020
Nonprofit organization PathStone Enterprise Center Inc. announced the official launch of its Technical Assistance Program for Government Procurement, through which 150 small businesses in Puerto Rico will be trained free of charge to compete for contracts with the federal and state governments directly or as subcontractors. With a $3.8 million grant from the U.S. Economic […]
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Puerto Rico moves up in Economic Freedom Index
July 21, 2020
The Center for Economic Renewal, Growth and Excellence (CRECE, for its acronym in Spanish) unveiled the results of the 2019 Economic Freedom Index for Puerto Rico, which showed that the island ranked 69 out of 180 countries with a score of 64.4, representing an increase of 3.4 points vs. 2018. Based on The Heritage Foundation […]
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Isla Frio Refrigeration Corp. investing $6M to develop former PepsiCo plant in Cidra
July 17, 2020
Puerto Rican firm Isla Frio Refrigeration Corp. announced its acquisition of the former PepsiCo plant in the town of Cidra, which it will split into several areas for different services. In all, the firm invested $3 million in the property that closed down after Hurricane María pummeled the island in 2017. The property did not […]
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Affordable housing developer ACRUVA Capital Partners enters Puerto Rico market
July 17, 2020
ACRUVA Capital Partners announced it has entered the Puerto Rico market to lease, option, or buy land to develop affordable housing communities, as well as to acquire, rehabilitate and re-syndicate affordable housing communities in strategically selected markets. ACRUVA Capital Partners was formed as a joint venture with the support of Alliant Capital, its long-term financial […]
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Triple-S Foundation unveils ‘Alimenta tu cuerpo, Alimenta tu alma’ recipe book
July 17, 2020
Triple-S Foundation, a nonprofit dedicated to addressing two social determinants of health — food insecurity and emotional wellbeing, in particular social isolation — unveiled the “Alimenta tu cuerpo, Alimenta tu alma” (“Feed your body, Feed your mind” recipe book, which will be available for free at alimentatepuertorico.com. “With this publication we continue to work on […]
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Piloto 151 launches coworking pop-up in O:LV 55 Hotel in Condado
July 16, 2020
Puerto Rican coworking firm Piloto 151 announced a new alliance with O:LV 55 Hotel and the opening of a pop-up concept that can serve both guests and the new O:LV residences, as well as Piloto members. “This new partnership brings us even closer to the hospitality industry, which continues to gain traction in work environments. […]
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Avon donates $16M to nonprofits, including $1.3M to local doctor’s alliance
July 16, 2020
Avon announced it has donated more than $16 million worth of products to numerous charitable organizations as part of its “continuing commitment to giving back and making a positive impact on the world.” Donations include AMAR in Puerto Rico and Avon’s longtime partner, Feed the Children. “Both organizations are crucial right now in providing supplies […]
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Enactus Puerto Rico marks 15 yrs. of developing leaders
July 16, 2020
Enactus Puerto Rico, an international nonprofit whose mission is to build future leaders is marking its 15th anniversary on the island, where it has overseen scores of new projects, organizers said. As part of its mission of developing leaders, entrepreneurs and innovative projects that address community needs, participants have created projects from services to elderly, […]
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Nonprofits join to collect data on Puerto Rico’s special needs adult population
July 15, 2020
Given the scarcity of updated data on the population of adults with intellectual disabilities in Puerto Rico, these citizens face the lack of accessible services, supportive community homes, and job opportunities. Likewise, the organizations that provide aid and services to this population lose access to economic funds to continue their programs. For that reason, more […]
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Puerto Rico’s Save a Sato President, Marti, wins $60K Petco Foundation grants
July 14, 2020
Gloria Marti, president of Save a Sato in Puerto Rico, won this year’s “National Unsung Hero” award from the Petco Foundation and Victoria Stilwell Positively, receiving a $50,000 grant award to support her work to help pets in Puerto Rico. Marti and her team at Save a Sato in San Juan have served the community […]
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Bayer fund grants $20K to Puerto Rico NGOs for 2nd consecutive year
July 10, 2020
Local agricultural biotechnology company, Bayer Crop Science Puerto Rico, through its Bayer Fund Grants program, recently awarded local grant donations to local non-governmental organizations focused on STEM (science, technology, engineering, and mathematics) programs for the second consecutive year. The company awarded a total of $20,000 to the Sor Isolina Ferré Centers (CSIF, in Spanish) and […]
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25 film projects worth $148M in investments set to roll in Puerto Rico
July 9, 2020
Twenty-five romance, comedy and action films representing $148 million in investments are slated to roll in Puerto Rico beginning in the second half of this year, Department of Economic Development and Commerce Secretary Manuel Laboy confirmed. The productions are backed by the agency’s Film Industry Development Program. “This second semester of the year has a […]
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L’Oréal unveils new global sustainability program
July 6, 2020
L’Oréal has launched its new global sustainability program, “L’Oréal for The Future,” which outlines a new set of goals for 2030 that will transform the way it does business and addresses critical environmental and societal issues. The program lays out specific actions and measurable objectives that will further accelerate the company’s transformation to respect the planet’s […]
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Direct Relief awards $1M+ in cash to island community health centers to fight COVID-19
June 30, 2020
Nonprofit Direct Relief this week awarded a total of $900,000 in cash grants to 18 federally qualified health centers in Puerto Rico, each of which, as is the case with Health Pro Med, received the amount of $50,000. In the past two months, Direct Relief has also awarded another $150,000 in cash to 15 health […]
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