Georgia Tech offers temporary office space to P.R. entrepreneurs
January 17, 2018
The Georgia Institute of Technology will offer more than 2,000 square feet of office space — for a four-month period beginning in February 2018 — to entrepreneurs and innovators from Puerto Rico, who are still reeling from the devastating effects of Hurricane María, the university announced.
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Moody’s: Delay in P.R.’s fiscal plan underscores growing economic uncertainties
January 13, 2018
The Commonwealth of Puerto Rico's second delay in submitting its revised fiscal plan to the Financial Oversight and Management Board for Puerto Rico "underscores the growing economic uncertainties it faces as it continues to recover from Hurricane María," Moody's Investors Service noted in a new report.
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Startup.pr propels ambitious local entrepreneurship project
January 12, 2018
With the goal of encouraging local entrepreneurship, Startup.pr is accepting proposals from emerging Puerto Rican businesses, for the first cycle of its new commercial pre-acceleration program.
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Latino legislators reject US Dept. of Justice cannabis directive
January 8, 2018
The National Hispanic Caucus of State Legislators rejected a memorandum by U.S. Attorney General Jeff Sessions revoking Obama Administration policy that directed U.S. attorneys not to focus scarce law enforcement resources in prosecuting low-level cannabis offenders in states where it has become legal for either medical or recreational use.
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P.R.’s budding cannabis sector ‘vulnerable’ after US DOJ policy change
January 5, 2018
Puerto Rico’s budding medicinal cannabis industry has been put in a tough spot after the U.S. Department of Justice reverted a number of guidance documents regulating the cultivation, distribution and possession of marijuana.
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Jan. 15 deadline to request participation in Pre18 program nears
January 4, 2018
Global business accelerator Parallel18 announced Wednesday the deadline for requesting acceptance into the Pre18 program is Jan. 15, 2018. The pre-accelerator seeks to develop innovative businesses in Puerto Rico, in the early stages with potential to reach global markets.
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UN: ‘American Dream’ rapidly becoming ‘American Illusion’
December 18, 2017
The United States, one of the world’s richest nations and the “land of opportunity,” is fast becoming a champion of inequality, according to the United Nations Special Rapporteur on extreme poverty and human rights, Philip Alston.
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Marina Puerto del Rey pairs solar with generators to power up operations
December 13, 2017
After 90 days without full power for its nearly 1,000 wet-slips, 750 dry-stack spaces and 15 acres of land storage, Marina Puerto del Rey announced that by Christmas Day it will be fully energized.
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Parallel18 to visit several towns to provide guidance on Pre18 program
December 5, 2017
Business accelerator Parallel18 (P18) will visiting a number of towns through the end of the month to provide guidance and help fill out applications to enter Pre18, the pre-accelerator aimed to help innovative businesses in Puerto Rico, in early stages with global potential, to reach the market.
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UN, UNICEF, WEF are most followed int’l orgs on social media
November 30, 2017
The United Nations and UNICEF are the two most followed international organizations on social media, with 16.9 and 16.3 million followers, respectively, on all platforms combined, according to the “Twiplomacy” study conducted by the Burson-Marsteller firm.
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Parallel18 unveils ‘Pre18,’ a special program for budding businesses
November 17, 2017
Global business accelerator Parallel18 (P18) announced the start of Pre18, a program dedicated to helping innovative businesses in Puerto Rico, in early stages, with global potential, to reach the market.
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Ciudadela complex in Santurce receives FHA approval
November 15, 2017
The Santurce apartment complex known as Ciudadela recently got approval from the Federal Housing Administration to finance Phases I & II Buildings, and the completed Towers of Phase III — Towers 600, 700 and 800, developers confirmed.
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Future Farm to open 5 medicinal cannabis clinics in PR
October 27, 2017
Future Farm Technologies Inc. announced Thursday a joint venture between Future Farm and TCG Investments, LLC, owners of the Clínica Verde brand of medical cannabis dispensaries to open five locations in Puerto Rico.
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GFR launches real estate investment firm subsidiary
October 25, 2017
Grupo Ferré Rangel, a Puerto Rico-based family office known for its focus on high-growth companies, has launched a new wholly owned subsidiary, Kingbird Properties, to expand its real estate portfolio in the U.S. and Latin America, the company announced.
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Rosselló declares state of emergency ahead of hurricane
September 19, 2017
The storm is expected to reach Puerto Rico between Tuesday and Wednesday, as a Category 5 hurricane, which could represent catastrophic damage for the island.
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