DDEC allocates $5M in incentives to capitalize businesses hit by Fiona
November 15, 2022
The effort aims to raise awareness and educate about job development services in Puerto Rico.
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U.S. Dept. of Energy names Carbó head of Puerto Rico grid modernization
November 3, 2022
He will work on behalf of the Biden administration with the Puerto Rican government to unify efforts to modernize the island’s electric system.
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Nonprofit: 69K gov’t contracts raise ‘red flags’ for possible irregularities
November 1, 2022
Sembrando Sentido’s new online tool identified alerts in 12% of government contracts.
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Teodoro Moscoso Scholarship to award up to $40K per student
November 1, 2022
The Department of Economic Development and Commerce has $1.2 million available for scholarships this year.
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Puerto Rico Dept. of Education gets $9.9M to buy 25 electric school buses
October 27, 2022
The agency will work with Transporte Sonnell to acquire the fleet.
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Highway Authority partners with Umo to modernize transit fare collection
October 26, 2022
The partnership will simplify paying for public transportation in Puerto Rico, through the use of mobile apps and smart cards.
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Ports Authority gets 5 proposals to expand Aguadilla airport terminal
October 25, 2022
The Ports Authority invested $300,000 in 2021 to draft the airport's development plans.
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InvestPR nabs 3 Int’l Economic Development Council awards
October 24, 2022
InvestPR was recognized for its campaigns to elevate Puerto Rico as an investment destination.
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COR3: Nearly 200 entities have applied for public assistance
October 20, 2022
The funding application deadline is Oct. 21.
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SBA OKs $3.7M+ in disaster loans in 30 days after Hurricane Fiona hit
October 19, 2022
Businesses and private nonprofit organizations of any size may borrow up to $2 million for repairs.
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Gov’t disburses $1.2M in incentives to SMEs affected by Hurricane Fiona
October 10, 2022
About 40% of the 10,000 applications filed correspond to businesses from the southern and southwestern municipalities.
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PR Small Business Development Center gets $125K SBA grant
October 6, 2022
Through the local agency, the SBA seeks to reach small businesses in Puerto Rico to help them get through the economic recovery.
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Gov’t Fiscal ’20 audited financial statements show $60B deficit
October 5, 2022
The units that compose the government — departments, agencies, funds, functions, and public corporations — were included in KPMG’s audit.
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Biden vows to drive ‘decisive progress’ to rebuild Puerto Rico’s energy grid
October 4, 2022
Biden announced the creation of the Puerto Rican Grid Recovery Modernization Team.
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OIG report: FEMA botched oversight of $65M in María recovery funds
October 4, 2022
Upon review of expenses, the OIG found thousands of dollars approved that lacked supporting documentation.
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