SME opens call for this year’s ‘Excellence in Marketing’ awards
August 16, 2021
The Puerto Rico Sales and Marketing Executives Association (SME, in Spanish) has opened the call for this year’s Excellence in Marketing awards, urging brands to participate in the different categories. Early-bird discounts will be offered for registrations submitted before Aug. 31, with the final submission deadline set for Sept. 17. Campaigns and initiatives are submitted […]
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SBA awards $90K grant to Puerto Rico SBTDC to help underserved communities
August 13, 2021
The U.S. Small Business Administration bestowed a $90,297 grant to the Puerto Rico Small Business and Technology Development Centers to fund specialized training, mentoring, and technical assistance for research and development-focused small businesses under the Federal and State Technology (FAST) Partnership Program. “We’re pleased that Puerto Rico SBTDC has been selected to receive a Fiscal ’22 FAST award. FAST grants […]
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Entrepreneurs Organization Puerto Rico presents new Board
August 13, 2021
Entrepreneurs Organization (EO) Puerto Rico, a nonprofit organization that assembles local entrepreneurs and promotes among its members educational growth on the professional as well the personal levels, presented its new Board of Directors that will guide the institution for the 2021–2022 yearly cycle. Businessman Alberto Cruz took over the presidency along with the following Board […]
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AAFAF wraps up 2nd edition of José M. Berrocal summer internship program
August 13, 2021
Talks with the governor to visits to rural communities were some of the experiences that defined the second edition of the José M. Berrocal Summer Internship, which wrapped up Aug. 6, Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) Executive Director Omar Marrero confirmed. The summer internship brought together 14 university students from a […]
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S&P Global Ratings upgrades Evertec’s credit rating
August 12, 2021
Evertec Inc. announced that S&P Global Ratings has upgraded its issuer credit rating to ‘BB-‘/Stable Outlook from ‘B+’. As basis for its upgrade, S&P noted Evertec’s “conservative balance sheet and solid credit metrics while expanding revenue amid several external impacts including the COVID-19 pandemic.” S&P also cited its expectation that Evertec will generate consistent financial […]
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Young entrepreneurs from Ponce win Lemonade Day ‘Entrepreneur of the Year’ ’21
August 12, 2021
Siblings Idian and Jariel Estrella — ages 12 and 9, respectively — founders and owners of the Limonadas con Amor y Propósito lemonade stand won the Lemonade Day Puerto Rico Entrepreneur of the Year Award, the nonprofit announced. More than 1,000 children participated in the third edition of the Lemonade Day Puerto Rico youth entrepreneurship […]
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Oriental unveils online mortgage application platform
August 11, 2021
Aware of the high demand for mortgages and to expedite the process of qualifying for a mortgage loan, Oriental has developed a new digital solution for the benefit of those who are applying for a mortgage or refinancing a property. The new option streamlines the mortgage prequalification process, provides information about the process, and provides […]
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Holberton Puerto Rico to open new coding school in Santurce
August 11, 2021
Holberton Puerto Rico announced it will officially inaugurate its new school in Santurce on Aug. 12th during its first in-person Open House. The event is expected to attract people interested in pursuing a career in software development, officials said. Those attending will have the chance to learn how Holberton offers the opportunity to become a […]
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Puma Energy invests $11M to open 20 new Super7 convenience stores in ’21
August 10, 2021
Puma Energy has invested $11 million to open 20 new Super7 convenience stores throughout Puerto Rico this year, said Mario Sierra, general manager for Puma in Puerto Rico and the US Virgin Islands. At present, the gasoline retailer operates a total of 45 of its convenience stores islandwide, where it offers basic goods, prepared breakfast, […]
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Schneider Electric develops $1.2M renewable energy projects in Puerto Rico
August 9, 2021
Schneider Electric announced work on projects to redesign and rebuild renewable energy infrastructure in federal buildings in the Caribbean that were destroyed by Category 5 hurricanes in 2017 to make them able to withstand those hurricanes in time for the 2022 season. Specifically, the projects focus on rebuilding systems that delivered renewable solar energy to St. […]
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Uber Rent debuts in Puerto Rico
August 9, 2021
Rideshare app Uber announced the availability of Uber Rent, a new platform for users to reserve and rent a car. Uber Rent joins the platform, which now centralizes its several modalities in one single app. The user has access to a range of options, including mobility with Uber, food orders and essential purchases and others […]
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Pep Boys opens 1st ever service center on US military base in Puerto Rico on silver anniversary
August 9, 2021
Pep Boys, an automotive service provider and retailer of commercial and do-it-yourself parts in Puerto Rico, is marking 25 years since expanding to serve the island, where it is now opening of a new Service and Tire Center at the U.S. military installation at Fort Buchanan. Its first-ever service center on US military base will provide […]
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Mayagüez dessert co. launches Chupalitos, plans to invest $600K in new plant
August 6, 2021
LAJ Investment & Management, a recently created family business based in Mayagüez, has just launched its first product called Chupalitos, while announcing plans to $600,000 through the end of the year to move to a larger production facility. Chupalitos are a sorbet-like frozen treat, based on a family recipe. The frozen desserts are sold in […]
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Kinesis Foundation gets $100K donation from AbbVie Puerto Rico
August 6, 2021
Kinesis Foundation received a $100,000 donation from biopharmaceutical company AbbVie Puerto Rico to support economically challenged students with academic excellence. The agreement between both entities will benefit students from 10th to 12th grade in Barceloneta and Jayuya. Twenty-five students from each town will receive financial support. Students participating the Bright Stars Program will receive the […]
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Uva expands delivery service to Caguas with 30+ new establishment options
August 6, 2021
Puerto Rican company Uva announced the most recent expansion of its home delivery route to Caguas, adding more than 30 new establishment options as part of its growth plan for 2021. In May, Uva began operating in the Bayamón and Dorado regions, and recently Caguas has been added as the third new route so far […]
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