Prior to the extensive damage caused by Hurricanes Irma and María to Puerto Rico last September, the island’s small businesses were already dealing with several challenges, including maintaining liquidity, according to a report released by the Federal Reserve Bank of New York.
Colmena66 — an initiative of the Puerto Rico Science, Technology and Research Trust — in its first year has signed up more than 200 organizations in its network dedicated to building and strengthening Puerto Rico’s entrepreneurial ecosystem, according to the results of its first Impact Report.
As rebuilding efforts continue in the wake of Hurricane María, Kmart and Sears will sponsor a toy drive through its “Shop your Way” loyalty program in partnership with Major League Baseball player René Rivera.
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