As part of its strategic plan to evolve and develop its Caribbean structure, Mastercard announced changes that will strengthen its presence on the islands, including expanding their offices in the Dominican Republic and opening new offices in Puerto Rico and Jamaica. This growth will promote greater agility and efficiency when providing service to clients and […]
The Puerto Rico government has signed a collaborative agreement with Florida-based RS&H Inc. to conduct a feasibility study to establish a commercial spaceport at the José Aponte de la Torre Airport, in the former Roosevelt Roads naval base in Ceiba. The study will cost $75,000 and should be ready by June 30, 2019. “We believe […]
At a meeting of the Clinton Global Initiative Action Network on Post-Disaster Recovery held in Puerto Rico last week, the Clinton Giustra Enterprise Partnership (CGEP) announced a commitment to launch an assessment in Puerto Rico that would evaluate feasibility to increase sourcing from local farmers, connecting new customers and improving incomes for farmers in the […]
Creative companies Buena Vibra Group and Capital DBG announced the signing of a collaboration agreement that seeks to expand the resources and tools that each agency has for strengthen the conversation between Puerto Rico and the Dominican Republic. Both agencies, denominated as non-traditional, have an innovation focus that is based on cultural and social entrepreneurship. […]
Washington, D.C.-based investment firm founded Revolution, founded in 2005, announced that its next five-day “Rise of the Rest” bus tour — to highlight startup success outside of Silicon Valley — will visit Puerto Rico on May 3. The visit to Puerto Rico will explore innovation and entrepreneurship with Chef José Andrés in the aftermath of […]
Puerto Rico’s electricity consumers will pay unreasonably high rates if plans to privatize the Puerto Rico Electric Power Authority move forward. The IEEFA analysis, “PREPA Privatization Will Hurt Consumers and Slow Economic Recovery,” recommends reforming the public model as more reliable, affordable, and sustainable both financially and environmentally. If the proposed privatization model is implemented, […]
Finding solutions to the core problems in Puerto Rico requires making visible the socioeconomic and health needs — also known as social determinants — of vulnerable and lagging populations. With this in mind, a dozen community organizations from Vieques joined in late 2018 and determined to use technology to provide help with greater precision and […]
Grupo Guayacán Inc. (GGI) announced that it will offer the upcoming eighth cohort of its Customer Discovery Boot Camp, I-Corps Puerto Rico (I-Corps PR), at the Gurabo campus of Ana G. Méndez University (AGMU). This marks the first time that the idea validation program will be offered at this campus, and the second time it’s […]
Foundation for Puerto Rico and P.E.C.E.S., as well as local small business owners, provided an update of its Bottom Up Destination Recovery Initiative to President Bill Clinton, Secretary Hillary Clinton, and members of the Clinton Foundation during their visit to Puerto Rico. Led by the Foundation, the Bottom Up Destination Recovery Initiative aims to support […]
The Puerto Rico Department of Housing and affordable housing developer, McCormack Baron Salazar, Inc., announced the closing on the financing and start of construction of a $130 million mixed-income housing in Caguas. Located on vacant land that was previously a public housing site, the new community includes housing options that are affordable to families and […]
Editor’s Note: The following is an analysis by Tom Sanzillo ([email protected]), IEEFA’s director of finance and Cathy Kunkel ([email protected]), an IEEFA energy analyst. It is being reprinted as it originally appeared in IEEFA’s website. The government of Puerto Rico is moving forward with plans to convert two units at the San Juan power plant from […]
By Eliván Martínez Mercado | Center for Investigative Journalism From the inside of a cargo container like the ones used to transport food overseas, the town of Sterling, Massachusetts implements the energy system of the future. The general manager of this power services company, Sean Hamilton, walks with his head protected by a white constructor’s […]
The Puerto Rico Nonprofit Capacity Building Network is coming together to provide training, networking opportunities and funding for grassroots organizations across Puerto Rico. The goal is to increase their capacity to meet crucial community needs in areas such as housing, climate resilience, education and health, especially as the island recovers from Hurricanes Irma and María. […]
Evertec Inc. announced that it is one of 230 companies selected for the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality. “We’re proud to be included in the Bloomberg Gender Equality Index, representing the first company in Puerto Rico among the 36 countries and regions […]
By Mc Nelly Torres | Center for Investigative Journalism Johnny Santana moved to Puerto Rico in the early 1990s in search of a better life than the one he had in his hometown of Higüey in the Dominican Republic. He worked in construction, as a cook, and later delivering vegetables to restaurants, a job he’s […]
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