Given that 43.5% of Puerto Rico residents are below the poverty level, according to the Federal Census Bureau, five nonprofits got together recently to present the Poverty Inc. documentary, in an effort to understand the causes of poverty and redefine strategies to eradicate it. MCS Foundation joined Fundación Banco Popular, the Centro para Renovación Económica, Crecimiento […]
SG Blocks Inc., a designer, fabricator and innovator of container-based structures, is teaming up with two companies to build out 55 homes in Guayama that will be ready before year’s end. The $4 million housing project will be developed jointly with Capital Plus Financial, a certified Community Development Financial Institution and certified B Corporation, and […]
“Season of the Witches,” a psychological thriller produced and directed by an all-women team of film industry professionals, will be rolled entirely in Puerto Rico this summer, this media outlet confirmed. The project has a “micro budget” of less than $3 million, which will go toward hiring a local crew of producers and actors, and […]
The Tax Affairs committee of the Puerto Rico Chapter of the Association of General Contractors of America (AGC-PR) asked the Treasury Department and offered its help to establish clear and uniform rules for the application in the construction industry of certain adopted changes under the Tax Reform of 2019. This request was made at the […]
The Puerto Rico Science, Technology and Research Trust announced the creation of the Puerto Rico Public Health Trust to work in partnership with multiple sectors including governmental agencies, communities, the health care delivery system, businesses, media and academia. The Science Trust was designated by the Puerto Rico Legislature as the Puerto Rico Public Health Institute […]
Aurora Angel Network, a group of angel investors created in January 2019, announced its first investment of $210,000 in Zomio Inc., a Puerto Rico-based security company that develops smart technology. Aurora is comprised by a group of executives and entrepreneurs whose mission is to invest in the growth of innovative and scalable start-ups to create […]
The Puerto Rico Builders Association (PRBA) and Grupo Guayacán Inc. (GGI) announced the call for applications for the third annual PRBA-Guayacán Fellowship which will sponsor the participation of up to two PRBA members in the 2019 Guayacán Venture Accelerator (GVA). The GVA is an executive education and development program for companies established in Puerto Rico seeking […]
Businesses “must plan and always be prepared” for emergencies and strategize to guarantee the continuity of operations in the wake of a natural disaster. Ernesto Morales, responsible for the National Weather Service Emergency Notifications, Economist Carlos Colón de Armas, Benjamin Nieves, expert in public safety and emergency management, and WorldNet Telecommunications Commercial Director Javier Santos, […]
Facebook and accelerator parallel18, an initiative of the Puerto Rico Science, Technology, and Research Trust, are partnering to launch “Startup Hub Caribbean,” a program that will support 10 technology startups that have outsized social impact potential and are focused on improving the lives of communities across the Caribbean. Startups selected for the program will receive […]
Looking to support companies in the food sector to comply with the Food Safety Modernization Act, the Puerto Rico Manufacturing Extension (PRiMEx) has launched a program to create food safety plans. The initiative will benefit up to 100 companies engaged in food preparation on a commercial scale, as well as the manufacture, processing, packaging, transport […]
The myriad benefits of cannabis for Alzheimer’s patients will be the subject of a special event for doctors, patients, caregivers and dispensary technicians to be held Mar. 30 at the Doubletree by Hilton Hotel in San Juan. Attending doctors will benefit by receiving two continuing education credit-hours free of charge, as part of the Puerto […]
Parallel18 (P18) the global startup accelerator that operates since 2015 as part of the Puerto Rico Science, Technology and Research Trust launched the call for applications for the second generation of pre18, its pre-acceleration program for innovative Puerto Rican companies. This time around, Popular and the Center for a New Economy (CNE), through the Puerto […]
In a two-to-one divided opinion, a three-judge panel of the Puerto Rico Court of Appeals ruled to keep information on tax abatements confidential and inaccessible to the public, in a case filed by nonprofit Espacios Abiertos. In doing so,the panel reversed a San Juan Superior Court decision compelling the Puerto Rico Treasury Department to publicly […]
VMLY&R, the advertising agency of record working for the U.S. Census, announced the “2020 Census Media Vendor Day” for the agency’s upcoming paid media campaign. The event is designed to be accessible for media outlets that cover a wide range of audiences, demographics, and channels, as well media outlets that are small businesses, and women- or minority-owned. The “2020 Census Media Vendor Day” […]
Grupo Guayacán, Inc. (GGI) announced the official kick-off of its 2019 EnterPRize Business Competition which provides startups with access to an educational curriculum that includes workshops, mentoring, coaching, and the opportunity to compete for a record-breaking $171,500 in equity free seed capital from GGI and a broad group of corporate partners. The kick-off event took […]
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