Brahman Industries, the developer of a tsunami and flood shelter system known as the STATIM, announced Thursday it has entered into a collaborative agreement with Martínez Marine Design Inc and Creative Systems Inc. to validate the structure’s design and capabilities and move forward to producing and testing full-scale prototypes.
El Churrasco Deli Inc., operator of the wildly popular “El Churry” food trucks, is getting ready to open its first sit-down restaurant in the Cupey sector of San Juan in early April, company executives told News is my Business Wednesday.
Frozen yogurt chain Yogen Früz is opening its fifth store today, looking to capture residents and visitors of the affluent Ocean Park neighborhood in San Juan with its creamy and tasty treats.
The U.S. Small Business Administration guaranteed 656 loans in Puerto Rico and the U.S. Virgin Islands during fiscal year 2011, a 57 percent increase over loans approved during the previous year. The results obtained are due in part to incentives implemented under the Small Business Jobs Act of 2010 and to a renewed commitment from SBA lenders.
San Francisco-based frozen yogurt chain Froyoworld is making its debut in the Puerto Rico market with its first store that opened in Miramar this week, franchisee Ricky Lozada announced Tuesday.
The U.S. Small Business Administration named Oscar Quiles, president of Pentaq Manufacturing Corp. in Sábana Grande the “National Minority Small Business Person of the Year” Friday during the closing awards ceremony of the 29th annual Minority Enterprise Development Week conference in Washington, D.C.
California-based Human Health Vending is making its debut in Puerto Rico, partnering with local entrepreneur Angel Cintrón, who will be installing the healthful vending machines in metro area schools, community centers, hospitals and corporate buildings.
Kiero Kiero, the newest player to join the increasingly popular deal-of-the-day group savings craze, launched its service in Puerto Rico this week with the first of many deep discount offers for food and entertainment planned for the local market.
Oscar Quiles, president of the Pentaq Manufacturing Corporation in Sabana Grande, is one of 10 minority-owned small business executives vying for the title of National Minority Small Person of the Year to be granted during the 29th annual Minority Enterprise Development (MED) Week conference, Sept. 27-30.
Two local organizations, Corporación SANOS in Caguas and Consejo de Salud de Puerto Rico Inc. in Ponce, are receiving more than $1.3 million in combined funds from the U.S. Department of Health’s Affordable Care Act to expand their healthcare offerings to continue serving underprivileged communities.
Bleu Bistro, the newest eatery to move into the trendy Old San Juan gastronomic neighborhood, recently opened its doors to offer locals and tourists alike a taste of French fusion cuisine.
In what may constitute as yet another sign of economic improvement, the U.S. Small Business Administration confirmed it has approved nearly $65 million in loan guarantees during the first nine months of fiscal 2011, reflecting a 29 percent increase in year-over-year activity in Puerto Rico and the U.S. Virgin Islands.
Guaynabo-based eGloboMall.com, a company dedicated to providing U.S.-based e-commerce retailers an outlet to sell their goods throughout Latin America, has granted a contract to Savtira Corp. to develop a cloud-based e-store to continue expanding its global footprint.
Island small businesses in 12 towns affected by an episode of severe storms that caused flooding, mudslides, and landslides earlier this year can apply for recovery loans of up to $2 million, with U.S. Small Business Administration backing, the agency announced Friday.
Local wine aficionados in search for high-quality liquors now have a place to go find them, after the recent opening of Aficionado’s Wine & Spirits, a business in Guaynabo dedicated to managing superior, unique brands currently not represented in Puerto Rico.
Sixty-seven small businesses in the areas of services, agriculture, manufacturing and technology received a combined $36.5 million in loans from the Economic Development Bank Tuesday, through which they will create some 5,700 jobs, agency President Ivonne Otero announced.
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