Fundación CAP announces virtual ‘Pásate la Máquina Challenge’ fundraiser
February 18, 2021
On April 14, thousands of people will have the opportunity to join in a massive head shave and hair donation — in a virtual format — in solidarity with pediatric cancer patients and the medical and nursing staff of the Pediatric Hospital in the Río Piedras Medical Center. The “Pásate la Máquina Challenge” is a […]
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CMT Group starts COVID-19 testing service at the LMM Airport
February 17, 2021
Less than three weeks after announcing an agreement with local laboratory chain CMT Group, Luis Muñoz Marín International Airport officials confirmed the start of COVID-19 testing at the main airport facility. The initiative seeks to provide passengers arriving and leaving the island a “simple and agile option” to comply with the prevention standards established by […]
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Bluetide PR launches acceleration initiative for ‘Blue Economy’ projects in PR/USVI
February 17, 2021
Puerto Rico will finally sit at the table of the global discussion on the Blue Economy tied to the sea, with the Bluetide Puerto Rico marine innovation program, and its initiative “Blue my Mind” with more than $400,000 to be distributed for promoting sustainable development projects tied to the ocean. “Blue my Mind” seeks to […]
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USDA extends evictions, foreclosure moratorium to June 30, 2021
February 17, 2021
The U.S. Department of Agriculture announced an extension of eviction and foreclosure moratoriums on USDA Single Family Housing Direct and Guaranteed loans through June 30, 2021. The actions announced will bring relief to at least 1,227 cases currently open in Puerto Rico, local agency officials announced. Of those, 617 cases are in foreclosure, 321 have […]
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Caguas Compite 2021 business incubator opens enrollment period
February 17, 2021
Caguas Compite 2021, a free business incubation program with training and support, has opened its enrollment period for the next session that begins in March. This project, headed by the municipality’s Economic Development division, consists of 20 daytime business training workshops via video call due to the COVID-19 pandemic, and includes individualized and group mentoring, […]
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Centropiezas Plus invests $250K in 20th location in Puerto Rico
February 15, 2021
Centropiezas Plus, a Puerto Rican retailer specializing in automobile spare parts, chemicals and accessories, invested $250,000 to open its 20th store, this time in Carolina, executives announced over the weekend. “We took the risk of investing in the move and reopening of the store to expand our services, meet the demand of the Carolina market […]
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Puerto Rico Information Technology Cluster returns with ‘Call for Papers’
February 15, 2021
Looking to keep the dialogue going on the role of the information technology industry in the Island, the Puerto Rico Information Technology Cluster (PRITC) announced the relaunch of the first “Call for Papers.” This initiative, which had to be postponed last year due to the pandemic, “promotes in a more creative and dynamic way the […]
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Consultiva Wealth Management to offer virtual conference on capital markets
February 15, 2021
The situation caused by COVID-19 has had a great impact on the economy, society and the behavior of capital markets, among other areas. It has shed light on trends that were already developing and that it is important to look closely to learn more about the world economic scene. The arrival of vaccines, a second […]
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KeyBank closes $35M credit facility for commercial equipment finance
February 12, 2021
KeyBank Specialty Finance Lending closed a $35 million credit facility for Commercial Equipment Finance (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico. “CEFI is a leading equipment finance company that we look forward to helping meet its growth targets over time,” Rian Emmett, managing director and group head of KeyBank Specialty Finance Lending, said. “Based […]
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Sacred Heart University opens pre-college STEM internship program
February 12, 2021
Sacred Heart University will hold a pre-college program aimed at high school students interested in pursuing a career in science, technology, engineering, and mathematics (STEM) with an emphasis in neuroscience. The program is aimed at students in 9th through 11th grade, from both public and private schools, with a minimum grade point average of 3.0. The selected […]
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MADMi museum hosting Valentine’s Day ‘pop-up’ shop
February 11, 2021
The Miramar Museum of Art and Design (MADMi, as the museum is known), in collaboration with the Modo Consciente collective of designers, will host the “I Love Local Pop Up Shop,” on Feb. 13 in the facility’s Titín Room. “Our mission as an institution is to inspire through art and design, and we also want […]
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New car sales accelerate in Jan ’21, with 51.5% YoY growth
February 10, 2021
New car sales in Puerto Rico reached 10,085 units, representing a whopping 51.6% growth versus the 6,653 units sold during the same month in 2020, the United Automobile Importers Group (GUIA) revealed. One of the segments that showed a significant change for the month were minivans, with an increase of 99.1%, followed by vans, with […]
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’21 Series of Wellness workshops for emotional health starts Feb. 15
February 10, 2021
The 2021 Series of Wellness Workshops to strengthen emotional health in the population will be available as of Feb. 15 for groups that request them, organizers Fundación Triple-S and Albizu University announced. “We’re pleased to continue collaborating with the Albizu University to contribute to the wellbeing of our population,” Ivelisse Fernández, executive director of the […]
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Nonprofit Sembrando Sentido unveils gov’t procurement oversight platform
February 10, 2021
Nonprofit organization Sembrando Sentido launched the “Contratos en Ley” online platform that monitors and evaluates the public procurement processes in Puerto Rico. The organization seeks to prevent the “misuse of hundreds of millions of dollars of public funds due to corruption and inefficiency in the hiring processes,” it said in a press release. ContratosEnLey.org is the […]
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COR3 offers online training public, private entities eligible for FEMA funds
February 8, 2021
The Central Office of Recovery, Reconstruction and Resiliency (COR3, in Spanish) will start offering a series of online trainings related to the Puerto Rico Disaster Recovery Solution system, open to officials of state agencies, municipalities and nonprofit entities, classified as eligible for the allocation of funds from Federal Emergency Management Agency’s Public Assistance Program. COR3 […]
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