Nonprofits have potential to fully develop as companies using startup techniques
December 31, 2019
Nonprofit organizations have the potential to develop to the fullest, increasing their social contribution, if they incorporate successful and innovative business strategies that use startups, said Attorney Olvin Valentín, executive director of the Nonprofit Institute, which offers education in administrative and business skills to these types of organizations. “For too long, nonprofit organizations have been […]
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CNE reviews ‘key events’ in the pipeline for P.R.’s energy policy
December 23, 2019
The Center for a New Economy recently hosted members of the media to provide context and information to journalists as they prepare to cover two key events for Puerto Rico’s energy policy. First, the Puerto Rico Energy Bureau will hold a public hearing in February to discuss Puerto Rico Electric Power Authority’s (PREPA) Integrated Resource […]
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Toyota Foundation grants $101K to 7 environmentally friendly nonprofits
December 23, 2019
Toyota Foundation announced that seven nonprofits in Puerto Rico dedicated to education, research and natural resource conservation will split $101,958 to move their initiatives forward. During a recent ceremony, Saskia Gómez, public relations executive for Toyota de Puerto Rico, which sponsors the foundation, said through education, voluntarism or innovation, the Environmental Donations program annually identifies […]
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U.S. Customs seizes $5.3M in counterfeit products entering P.R.
December 20, 2019
U.S. Customs and Border Protection (CBP) San Juan Field Operations announced the seizure of 289 shipments of counterfeit products imported into Puerto Rico via international mail or courier before the holidays. The estimated manufacturer suggested retail price of all the counterfeit products seized is $5.3 million. The domestic value of the purchased merchandise is $309,686, the […]
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Delivery co.’s gear up for year’s busiest mailing and shipping week
December 18, 2019
Many consumers are in a sprint to the finish getting their holiday gifts and greetings in the mail. This week is anticipated to be the busiest of the holiday mailing and shipping season for delivery services such as the U.S. Postal Service and FedEx. While the government agency expects to process and deliver nearly 2.5 […]
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GenTrust to open investment advisory office in San Juan
December 16, 2019
Miami-based registered investment advisory firm GenTrust will open an office in San Juan, to carry out its fiduciary duty to its clients, company officials announced. According to a report published by CityWire, GenTrust handles some $400 million in assets for clients based in Puerto Rico. “Our team has more than two decades of experience servicing […]
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Grupo Guayacán awards $200K to new group of entrepreneurs
December 13, 2019
Some 20 entrepreneurs were honored last night during Grupo Guayacán Inc.’s year-end event. The business training organization awarded more than $200,000 in seed capital prizes to foster the development of a group of 17 emerging companies. As part of the awards ceremony held at the Puerto Rico Museum of Art, the winners of the 14th […]
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Science Trust, UPR Medical Sciences Campus mark ‘Tech Transfer Recognition Week’
December 13, 2019
As part of its mission to position Puerto Rico as an Innovation Hub, the Puerto Rico Science Technology and Research Trust Technology Transfer Office is celebrating — along with the University of Puerto Rico’s Medical Sciences Campus — the “Technology Transfer Recognition Week” to highlight the incredible potential of this tech transfer process as an […]
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Prices for this year’s ’12 Days of Christmas’ gifts ring up at $38K
December 13, 2019
The PNC Christmas Price Index predicts “true loves” will find all is calm when putting the gifts under the tree this holiday shopping season. To purchase the gifts included in the classic holiday song “The 12 Days of Christmas,” it will cost just 0.2% more than it did in 2018, according to the 36th annual […]
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Study: P.R. hospitals show higher readmission, mortality rates vs. U.S. peers
December 3, 2019
Puerto Rico hospitals show, in general, higher readmission and mortality rates than their peers in the U.S. mainland, as well as longer emergency room stays for patient, a study by San Juan-based V2A Consulting firm. In general, Puerto Rico hospitals score lower than the national average in quality metrics, based on reports from the Centers […]
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Mountain Hydroelectric Co-op qualified to submit RFP for P3 project
November 29, 2019
The Mountain Hydroelectric Co-op received a notice from the Public-Private Partnerships Authority confirming that its Hidroenergía Renace consortium will be able to submit a Request of Proposal to manage and rehabilitate the hydroelectric plants in the Lagos Dos Bocas and Caonillas lakes. On July 1, the Mountain Hydroelectric Co-op submitted the Declaration of Qualification to […]
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Evertec partners with ‘GivingTuesdayPR’ by easing digital payments to nonprofits
November 27, 2019
Evertec announced its partnership with #GivingTuesdayPR by working with the more than 1.3 million users so they contribute and support nonprofits in their fundraising event. GivingTuesdayPR is part of a global effort to raise awareness about the work these organizations do in Puerto Rico In its third year on the island, #GivingTuesdayPR once again joins […]
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CPAs warn about implications of ‘last-minute’ Tax Reform amendments
November 25, 2019
The Puerto Rico Society of CPAs warned over the weekend about the implications of certain technical amendments approved in the Tax Reform during the legislative session ended last week, which were introduced at the last minute and without having been discussed in public hearings. David González-Montalvo, president of the CPAs, said “many of the amendments […]
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Queremos Sol coalition calls for decentralized, renewables-based energy plan for P.R.
November 21, 2019
A report released by Queremos Sol, a coalition of nonprofits, based on data from the Puerto Rico Electric Power Authority concluded that, with new distributed generation technology such as rooftop renewables, and increased energy efficiency, Puerto Rico could save millions of dollars. Instead, the utility has proposed investing over the next 20 years in maintaining […]
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Tropizen signs agreement to launch cannabis hot sauce, gummies in U.S.
November 21, 2019
Tropizen, a licensed local cultivator and manufacturer of medical cannabis products, has signed an exclusive licensing agreement that will allow it to sell its locally manufactured Tropizen Pique hot sauce and Tropizen Real Fruit Gummies in six states, starting with Maryland. “We’re thrilled to become the first industry player to launch our Puerto Rico-based products […]
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