The U.S. Small Business Administration announced the fifth round of its “Growth Accelerator Fund” competition to recognize the nation’s most innovative accelerators, including incubators, co-working startup communities, or other similar models, to compete for cash prizes of $50,000 each for a total of $3 million. “Accelerators provide invaluable resources to small business startups, such as […]
Continuing with its commitment to reforest Puerto Rico, FirstBank and its program “Uno con el Ambiente” returns with its reforestation tour, “Crece Verde.” In this new edition, 2,000 fruit and native tress will be distributed in 10 branches throughout the island, the financial institution announced. Alexis Molinares, renowned ecologist and project consultant will provide guidance […]
Guardian Insurance Co. has nabbed the “Caribbean Insurer of the Year” award from Global insurance and reinsurance industry magazine, “Reactions,” which announced the winners of its 2019 Reactions Magazine Awards late last month in Miami. The local company was recognized by a panel composed of tier-one reinsurers, brokers and other market insiders, among hundreds of […]
When you recycle plastic bottles, do you ever stop and think about where that plastic ends up? One answer: Ford vehicles. Ford Motor Company is helping to promote environmentally friendly auto parts, and one way they’re doing that is by using recycled plastic bottles for underbody shields on all cars and SUVs, and wheel liners […]
The Berklee in Puerto Rico educational program concluded its 25th edition with its graduation concert and ceremony, held at the Plaza at Popular Center in Hato Rey. This year, 23 program students were admitted and received a total of $1.52 million in financial aid, the nonprofit said. “This year’s edition was the largest in the […]
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) participated for a third time in the Annual Meeting of the Center for Research and Regulated Industry (CRRI) of Rutgers University, held May 30-31. The CRRI was founded in 1977 at Rutgers University. It aims to further the study of regulation by researchers in […]
For the sixth year in a row, Puerto Rico’s Center for a New Economy (CNE) has been included in the most recent edition of the 2018 Global Go To Think Tank Index Report published by the Think Tanks and Civil Societies Program (TTCSP) at the University of Pennsylvania’s Lauder Institute. CNE was recognized in the […]
Puerto Rico has been selected to participate in a pilot program sponsored by the U.S. Department of Agriculture’s Rural Development program, which is kicking off “National Homeownership Month.” USDA Rural Development State Director for Puerto Rico, Josué E. Rivera, said the island has been included in the Single-Family Housing Repair Loans & Grants program, also […]
Entrepreneur and writer Paul E. González-Mangual announced the launch of a new gastronomic tourism agency called FOODIEcations, which aims to give foodies who travel to eat and live to eat knowledge about Puerto Rico’s culture through its gastronomy. “Traveling to eat has become a way of life for new generations. So much so, that millennials […]
Puerto del Rey recently inaugurated new facilities for Puerto Rican boat dealer Wally Castro Marine. The establishment offers new offices and a showroom, where visitors can check out and shop for new boat models. Wally Castro’s presence over the years at the marina “adds special value to Puerto del Rey,” said Puerto del Rey’s CEO […]
Destilería Serrallés Inc., producer of Puerto Rico’s premium rum Don Q, launched the new Double Aged Sherry Cask Finish Rum for the Puerto Rico market. Destilería Serrallés’ sixth-generation rum maker, Roberto Serrallés and Master Blender, Jaiker Soto, debuted the new rum as part of the distillery’s continued focus on unique barrel-aged expressions. The product will […]
The Federal Reserve Bank of New York, in alliance with the Puerto Rico Community Foundation and Inclusiv, have joined to launch Investment Connection program, which seeks to connect local and U.S. mainland banks with community development projects on the island. The Investment Connection Program provides community organizations with a model that boosts an investment, donation […]
The Puerto Rico Manufacturing Extension’s (PRiMEX) Manufacturing Disaster Assistance Program announced the start of an islandwide workshop cycle to support, review and create resilience and business continuity plans for small and medium manufacturing companies. Ramón Vega, director of the Manufacturing Disaster Assistance Program, said the effort will be conducted jointly with the Bureau of Emergency […]
The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, by its initials in Spanish) put the Council on Developmental Disabilities (CDD), an entity attached to the Puerto Rico Planning Board under receivership. This action is intended correct certain serious deficiencies identified by the U.S. Department of Health and Human Services, which jeopardize approximately $2.5 […]
A delegation of 23 Puerto Rican companies representing various economic sectors will be participating in a multi-sector trade mission to the city of Orlando through May 31, organized by the Puerto Rico Trade and Export Company. The mission seeks to take advantage of the opportunities for expansion and growth offered by the stateside market for […]
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