Evertec Inc. has awarded 135 scholarships to outstanding students from Puerto Rico and Latin America. In the past five years, Evertec has granted more than $500,000 in scholarships to students who are pursuing bachelor’s, master’s, and doctoral degrees at more than 25 universities. The Evertec Scholarship Program, which is now celebrating its fifth anniversary, supports […]
Less than a month after taking over the box office contract for the Coliseo de Puerto Rico José Miguel Agrelot, local firm Ticketera announced it had operated uninterruptedly in the face of “unprecedented traffic” generated by the sale of Daddy Yankee concert tickets this week. The urban music artist sold out two concerts at the […]
PRatian LLC, a Puerto Rican company dedicated to the development of aerospace technology to solve agricultural problems, has been selected to receive a $200,000 grant from the U.S. Department of Agriculture’s Small Business Innovation Research program. “It is the first time an agricultural company from Puerto Rico wins these funds in more than 20 years,” […]
A total of 175 Puerto Rican business ventures benefited from $1.2 million in funding granted over the past two years by Grupo Guayacán Inc. to boost the island’s recovery after the devastating hit of Hurricane María in September 2017, the nonprofit said. Among the business, 42 were projects in the idea development stage, 100 were […]
The U.S. Small Business Administration graduated 39 companies from its Emerging Leaders program in Puerto Rico, completing the fifth cycle of the training series offered to small business entrepreneurs on the island, with cohorts in San Juan and — for the first time — in Ponce. “The desire to continue moving our island forward, even […]
Local entrepreneurs and researchers who have marketed their innovations thanks to federal grant programs and the support of local business ecosystems organization gathered in San Juan to celebrate and share their success stories. The testimonials came during “The Faces of Innovation in Puerto Rico: SBIR Road Tour Kickoff” event organized by the Puerto Rico Science, […]
Med Center announced the opening of a new $7 million Chronic Conditions Clinic in Ponce to address of asthma, hypertension and diabetes issues, executives announced. “Med Center’s Chronic Conditions Clinic will provide the most advanced health care to control comorbid conditions of diabetes, hypertension and asthma in Puerto Rico,” said Med Center Executive Director Allan […]
The U.S. Department of Health and Human Services awarded $7.8 million for 12 new 330 health clinics in Puerto Rico as part of a global allocation of $50 million for 77 clinics in the United States, Northern Mariana Islands and Puerto Rico. “The novelty of this announcement is that two nonprofit organizations will receive $650,000 […]
The Puerto Rico Science, Technology and Research Trust Grant Program awarded $3.1 million to 26 science and technology research projects, including the “Advanced Research Grant” that promotes cutting-edge research in various areas of science and technology with $150,000 to each winner. The Catalyzer Research Grant was also awarded, which conferred $70,000 to each recipient and […]
The Foundation for Puerto Rico received a $291,000 grant from the Ewing Marion Kauffman Foundation to create a multi-stage incubation program for entrepreneurs in communities outside the San Juan metropolitan area. The program will begin next month in the Coamo-Ponce region, foundation officials said. This is the first time that a Puerto Rican entity receives […]
Nonprofit organization Open Spaces filed a motion before the Puerto Rico Supreme Court to overturn a decision by the Appellate Court to keep the government’s Report on Tax Reduction Agreements under seal. The report listing tax abatement agreements was prepared and delivered to the Financial Oversight and Management Board for Puerto Rico in July 2017. […]
Liberty Foundation donated $25,000 to the C&W Charitable Foundation to help relief efforts in the islands struck by Hurricane Dorian as part of a joint effort by all the companies that make up Liberty Latin America (LLA.) The Liberty Foundation is also encouraging all Puerto Ricans who want to help the storm victims in the […]
Grupo Guayacán, Inc. (GGI) announced the ninth cohort of its business idea validation bootcamp, I-Corps Puerto Rico (I-Corps PR), which for the first time will take place at the University of Puerto Rico’s Río Piedras Campus. The event will be held in collaboration with the University’s Center for Commercialization and Innovation Support (UPR i+c), a […]
The development plans for the former government-owned Sears property in Hato Rey, sold for $11.6 million last year, call for establishing a five-building residential complex, this media outlet confirmed. According to the proposed plans submitted by the property’s owner, Puerta de San Juan LLC. to the government’s Permits Management Office, the housing complex will comprise […]
Following the devastating passage of Hurricane Dorian through the Bahamas, Popular and MasterCard unveiled separate effort to aid the island nation’s recovery efforts. Popular announced the start of the “Puerto Rico Abraza Bahamas” campaign to raise funds through a bank account (030142822) or through ATH Móvil, by selecting the option Donate to/FundacionBPPRBahamas. “The destruction caused […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA