https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/08/NIMB-Podcast-INVEST-Puerto-Rico_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSThe political turmoil Puerto Rico has been experiencing in recent weeks is similar to what has happened in other jurisdictions, and investors must be assured that “things will continue to move forward,” Invest Puerto Rico CEO Rodrick Miller said. In an exclusive interview with News […]
More than 300 children from the Boys & Girls Club in Las Margaritas participated in a back-to-school fair, organized by New Fortress Energy, an energy infrastructure company committed to supporting youth education in science and technology. In addition to providing school supplies and support, the fair featured robotics workshops designed to introduce students to science, […]
The closing event for Startup Hub Caribbean, a program by Facebook and Puerto Rican accelerator parallel18, showcased the growth and impact of 10 startups that are helping improve their communities’ access to high-quality education, jobs, and technology. The Demo Day took place in parallel18’s HQ, in San Juan and was the final phase of a […]
Entrepreneurs Carlos García and Leandro Armas, leaders of HYP3R, were admitted to Endeavor’s global network as part of the new group of Endeavor Entrepreneurs selected this summer in Tokyo, Japan, Erika Medina-Vecchini, Managing Director of Endeavor Puerto Rico announced. The partners at HYP3R, one of the most innovative technology companies in the tourism sector, are […]
On the eve of becoming Puerto Rico’s first governor to resign from his post, Ricardo Rosselló signed a pair of laws whose net effect is to hinder access to public information and limit free expression, nonprofit group Open Spaces denounced. Cecille Blondet, executive director of Open Spaces said Rosselló stamped his signature on Acts 122 […]
Columbia Care Inc. has received approval from the Puerto Rico Department of Health to open for business, with a medicinal cannabis dispensary in San Juan and 25,000 square-foot cultivation and manufacturing operation in Cidra. The 2,800 square-foot San Juan clinic and its Cidra facility are scheduled to open this month, with two additional dispensaries expected […]
Chemesis International Inc. has entered into an agreement to buy a majority of the shares of GSRX, which has five medicinal cannabis dispensaries in Puerto Rico, the companies announced. The transaction calls for Chemesis to acquire more than 42.6 million common shares and 1,000 preferred shares of GSRX, in exchange for an some 18.9 million […]
Twenty-five Puerto Rican healthcare nonprofits are set to receive a much-needed $8 million cash infusion from Direct Relief, the largest private, nongovernmental provider of health resources to Puerto Rico since Hurricane María. Recipients of the $8 million in grants will be announced Aug. 7, at La Ciudad de la Salud y Bienestar, a Direct Relief-sponsored event […]
The Puerto Rico Science, Technology and Research Trust was selected as one of the 44 nonprofit entities will receive funding from the U.S. Economic Development Administration’s Regional Innovation Strategies Program, which will award a total of $23 million to expand high impact entrepreneurship. The Trust will launch the Investor Bridge Project based on Puerto Rico’s […]
With the aim of promoting entrepreneurship among young people between the ages of 18-35 by helping them acquire the skills necessary to develop or strengthen an enterprise, FirstBank has granted a donation of $15,000 to the Entrepreneurial Training Program for Young Adults of the Center for Puerto Rico. The Center is the operational arm of […]
World Central Kitchen (WCK) welcomed 22 projects to its comprehensive support platform to promote sustainable food projects on the island called Plow to Plate, which offers direct financial support and training to small farmers, agribusinesses, community-based projects, and business initiatives in the food sector. The goal is to help these entities revitalize their operations after […]
Puerto Rico Pathology, which has been serving the island for 65 years, has invested $7.5 million in a new state-of-the-art, 50,000 square-foot lab to continue offering services on the island and the Caribbean. In an interview on the “En Una Hora” program on 11Q 1140 AM, in which News is my Business participates, Víctor Carlo, […]
In a letter to federal inspectors general, IEEFA director of finance Tom Sanzillo and energy analyst Cathy Kunkel urged increased scrutiny of any contracting involving the Puerto Rican government. The analysts warned that the latest scandals involving Puerto Rican officials raise serious questions about the legality and propriety of contracts relying on federal funds, in […]
A range of private-sector businesses — from malls to banks — will remain closed today, as thousands of Puerto Rico residents are expected to convene on one of the island’s main highways to demand the resignation of Gov. Ricardo Rosselló. The massive march is expected to begin at 9 a.m. on PR-18, known as the […]
U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration is awarding a $1.2 million grant to Operation Hope Inc., to provide up to 300 technical assistance workshops in Puerto Rico to help small businesses and entrepreneurs “grow and succeed” following Hurricanes Irma and María in 2017. The project, to be located […]
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