36 Puerto Rican companies to participate in upcoming pre18 accelerator program
June 17, 2019
Parallel18 (P18), a global business accelerator operating since 2015, announced the selection of 36 Puerto Rican companies that will participate in its pre-acceleration program, pre18. The companies will be part of a 12-week training curriculum, and each will receive a $20,000 grant for their projects. This initiative that was created after Hurricane María to support […]
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Study: 12% of U.S. mainland-born P.R. residents left island post-hurricane
June 11, 2019
The population born in the U.S. mainland residing in Puerto Rico is estimated at 166,000 — a number that was reduced by 12% between 2010 and 2017, according to a study released by the Censal Information Center, at the University of Puerto Rico in Cayey. The research presents a description of demographic and socioeconomic variables […]
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The hidden reason for lack of insurance payments after Hurricane María
June 10, 2019
By Miguel Díaz-RománCenter for Investigative Journalism The ongoing nightmare of thousands of policyholders whose claims after Hurricane María have not been paid, or whose payment was not enough to cover the losses, could have been avoided if the island’s Catastrophic Reserve had not been reduced by amendments promoted by insurance companies with the consent of […]
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PREPA pushes back against court-agreed document turnover, defendants say
June 5, 2019
The Puerto Rico Electric Power Authority attempted to go back on the agreement it had reached with nonprofit organization CAMBIO and the Institute for Energy Economics and Financial Analysis (IEEFA) to deliver public documents related to utility’s, as well as electrical system data, by June 7, the nonprofits said. Six days after making this commitment, […]
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Study: 33% of P.R.’s 18+ population faces ‘food insecurity’
June 5, 2019
About 33% of Puerto Rico’s population aged 18 and older are at risk of facing food insecurity, according to the findings of the Puerto Rico Food Security Survey released by the Puerto Rico Institute of Statistics. Similarly, 21.7% of those interviewed said in the 12 months prior to the study, there were times when they […]
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8th edition of P.R. Restaurant Week in full swing
June 3, 2019
The 8th edition of Puerto Rico Restaurant Week, an event designed to allow chefs to showcase their culinary creativity and for foodies to enjoy it, will run through June 10, organizers said. The event enrolls local restaurants that design a fixed-price (“prix fixe”) menu, to draw locals and tourists to their establishments, according to Kinori […]
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Georgia’s potential troubles as film mecca could bring windfall to P.R.
May 31, 2019
Puerto Rico’s film industry could stand to win from the controversy stirring in Georgia, where a proposed anti-abortion measure is already causing major Hollywood actors and movie houses to threaten boycotting the state and moving their productions elsewhere if it passes. Georgia is known for the sweeping incentives it offers the film sector, drawing scores […]
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‘Boost Grant’ program launched to support students, researchers
May 31, 2019
A trio of nonprofits — the Puerto Rico Science, Technology and Research Trust, AAAS Caribbean and Ciencia Puerto Rico — have joined forces to launch the “Boost Grant,” aimed at giving continuity to the “Post Hurricane María Aid for Researchers” program. The funds — broken down into 24, $1,000 grants — will go to support […]
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Earth Gift opens 2nd medicinal cannabis clinic, launches ‘artisanal’ crop
May 30, 2019
Two years after entering the island’s medicinal cannabis market with the opening of its first location in Carolina, Earth Gift announced the addition of a new clinic in Trujillo Alto and the establishment of a proprietary “artisanal” crop. The new location entailed a $160,000 initial investment, while the crop, which features a unique strain of […]
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Private-sector professional groups band together to educate on hurricane readiness
May 29, 2019
Seven private-sector organizations representing most sectors of Puerto Rico’s economy have banded together to educate on the importance of hurricane preparedness, just a few days before the start of this year’s storm season. The goal is to inform the public on the steps they should take to be ready to face an emergency or an […]
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Data Wi-Fi stands out as double winner during Parallel18’s 6th DemoDay
May 28, 2019
Nearly 20 companies presented their pitches in front of visiting investors and the local business community during the sixth generation of Parallel18’s “DemoDay,” won by Data Wi-Fi. Data Wi-Fi won two awards during the competition — The Evertec Choice Award, which carries a $10,000 cash prize, and the People’s Love Award bestowed by T-Mobile, which […]
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IEEFA, CAMBIO win court petition to get PREPA privatization documents
May 28, 2019
The Institute for Energy Economics and Financial Analysis (IEEFA) and Puerto Rican nonprofit CAMBIO obtained a court agreement pledging the Puerto Rico Electric Power Authority (PREPA) to respond to and deliver within 14 days public documents regarding the PREPA privatization process, as well as data about the electrical system. The agreement between the parties was […]
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El Yunque National Forest recreation areas ‘being filled to capacity’
May 24, 2019
The U.S. Forest Service is gearing up for a busy summer visitation season with the arrival of the Memorial Day weekend as El Yunque National Forest continues to recover after hurricane impacts. While the Forest Service has been able to re-open access along most roads in El Yunque, only about 40% of the recreation areas, […]
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Mennonite Healthcare System to run Culebra’s new $2M emergency room, health clinic
May 23, 2019
The Mennonite Health System has taken over the administration of the new health care center and emergency room, as well as the Diagnostic and Treatment Center recently built through a $2 million private-sector donation on the island municipality of Culebra. Culebra has some 1,800 residents and receives more than 8,000 tourists on busy weekends and […]
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Construction of $107M Dorado Beach Health hospital underway for ’21 opening
May 21, 2019
The developers of the future Dorado Beach Health, a $107 million hospital facility that will raise the standard of care on the island and increase its potential to become the center of medical tourism in the region, announced the start of the construction. The property should open its doors in 2021 and will feature a […]
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