Hospital Metropolitano inaugurates new $1.5M women’s health center
October 14, 2019
With an investment of $1.5 million, the Hospital Metropolitano recently inaugurated a comprehensive women’s health center called the D’ Mujer Health & Prevention Center, company officials announced. The new unit enables the medical facility to expand its range of services to address the health of Puerto Rican women, who in addition to having access to […]
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EdictosySubastas.com digital platform gathers P.R.’s active auctions, edicts
October 11, 2019
In an effort to provide alternatives and new solutions that contribute to Puerto Rico’s economy and to attract different markets interested in investing and buying goods on the island, E&S Group Inc. is relaunching the EdictosySubastas.com digital platform. This is a system that collects, organizes, categorizes and presents detailed information about the different auctions that […]
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Aon study identifies economic slowdown as key challenge to companies
October 7, 2019
Ten years after the last recession, economic slowdown has re-emerged as the top risk facing organizations globally, according to the results of Aon’s “2019 Global Risk Management Survey,” created by the professional services company . The resurgence of this concern is connected to accelerated rates of change in market factors, globalization and geopolitical uncertainty, the […]
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Medicaid, Medicare Advantage providers challenge Law 90 in federal court
October 4, 2019
The Medicaid and Medicare Advantage Products Association of Puerto Rico (MMAPA) has turned to the federal court to challenge Law 90, which establishes fees for the payment of services under Medicare Advantage plans, claiming the bill jeopardizes benefits for thousands of insureds, and encroaches on federal law by trying to regulate MA funds or their […]
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Universal Television to roll ‘The Baker and the Beauty’ series for ABC in Carolina
October 2, 2019
Universal Television Production in association with ABC Studios and Keshet Studios will film a new series called “The Baker and the Beauty” for ABC Network in facility in Carolina, representing a $57 million economic investment in Puerto Rico. “This is great news for local talent working in film, tourism, the hotel industry and for many […]
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P.R./USVI emergency responders to get $110K in equipment
October 2, 2019
The U.S. Environmental Protection Agency announced that Total Petroleum Puerto Rico Corp. will provide the Puerto Rico Department of Public Security and the Aircraft Rescue and Fire Fighting Department of the U.S. Virgin Islands Ports Authority with $110,000 worth of emergency equipment. The allocation is part of a settlement of alleged violations of provisions of […]
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P.R.’s Parallel18 among winners of SBA’s Growth Accelerator Fund Competition
October 1, 2019
San Juan-based accelerator Parallel18 has been chosen among the 60 winners of U.S. Small Business Administration’s Growth Accelerator Fund Competition, to receive $50,000 each to support startups and entrepreneurs researching and developing STEM-related innovations. The combined $3 million will support development focused on a broad set of industries and sectors, SBA Acting Administrator Chris Pilkerton […]
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P.R.’s net migration reached some 113K people in ’18, according to Census
September 27, 2019
During calendar year 2018, it was estimated that about 113,000 people migrated to other jurisdictions in the United States, in net terms, according to the latest data from the American Community Survey released by the U.S. Census Bureau. Migration from Puerto Rico to the mainland United States increased by 36.9% between 2017 and 2018, […]
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42 startups chosen for Parallel18’s 7th int’l cohort
September 27, 2019
International startup accelerator parallel18 has selected 42 startups for its seventh international cohort that starts Nov. 6th. The startups are bringing innovative solutions in industries such as education, fintech, biotechnology, SaaS, energy, environment, cleantech, computer software, food technology, advertising, tourism, fitness, e-commerce, agriculture and media. The selected companies come from 10 different countries of which […]
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P.R. Vector Control Unit unveils study on insecticide resistant-mosquitoes
September 26, 2019
The Puerto Rico Vector Control Unit (PRVCU) took part in the 49th Annual Conference of the Society for Vector Ecology (SOVE), when it revealed the results of studies conducted by Unit scientists that reveal a resistance of mosquitoes to traditional insecticides. The event, promoted by SOVE, a professional organization founded more than 50 years ago, […]
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Local co. Amasar nabs ‘Entrepreneurial Spirit award during pre18 DemoDay
September 23, 2019
Parallel18, the global business accelerator operating since 2015, carried out the pre18’s second-generation DemoDay where more than 30 local companies presented their products and services. During the event, six companies received awards in different categories. Amasar won the Entrepreneurial Spirit Award sponsored by the Business Council of Latin America. This award recognizes a company that […]
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Evertec awards 135 scholarships to STEM students in P.R./LatAm
September 23, 2019
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 […]
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Ticketera processes ‘historic’ sale of 30K concert tickets through virtual box office
September 20, 2019
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 […]
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Local start-up PRatian gets $200K in federal funds to develop agricultural tech
September 20, 2019
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,” […]
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Grupo Guayacán pumps $1.2M into 175 Puerto Rican biz ventures post-María
September 19, 2019
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 […]
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