Community libraries in 3 towns repaired with FEMA funds
9 de septiembre de 2024
The projects are aimed at supporting the educational activities of these facilities, which serve hundreds of visitors each month. #NewsismyBusiness
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Puerto Rico gov’t waiting on $330M petition for broadband expansion
junio 6, 2024
The funds would pay for the launch of the Affordable Device & Partnership Program, infrastructure projects, and equity and access projects. #NewsismyBusiness
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Federal agencies allocate funds for clean energy, water projects
23 de mayo de 2024
The U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) have included Puerto Rico in funding rounds. #NewsismyBusiness
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P.R. Dept. of Housing’s competitive bidding processes: Transparency, efficiencies at forefront
abril 5, 2024
CDBG-DR funds are instrumental in providing critical financial assistance to states recovering from disasters such as hurricanes, floods, wildfires and other emergencies. #NewsismyBusiness
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FCC lays out requirements to test Puerto Rico/USVI wireless services, speeds
noviembre 3, 2023
Among other requirements, telecom companies must demonstrate that their networks provide the required high-speed transmission rates. #NewsismyBusiness
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LemVega Capital acquires Peak Capital, launches 2 funds
28 de julio de 2023
San Juan-based LemVega Capital introduces LemVega Capital Collectibles Fund IV and LemVega Capital Crypto Fund V. #NewsismyBusiness
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COR3 creates new tool to report misuse of recovery funds
marzo 16, 2023
The information provided will be reviewed by an investigative specialist to determine the course of action to take.
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$15M Popular Impact Fund to support new businesses
julio 20, 2022
The fund's investments will range from $250,000 to $1 million in companies from the seed stage to pre-IPO.
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Popular’s Total Return Fund now registered with SEC
junio 29, 2022
Any individual resident of Puerto Rico may invest in this Fund.
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Puerto Rico Legal Services gets $882K to help earthquake victims
junio 23, 2022
PRLS will use its grant to provide advice and legal representation through its Private Attorney Involvement program.
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Science Trust opens call for tech innovation proposals with local, int’l impact
mayo 24, 2022
There are funds available to enable entities in both Puerto Rico and Spain to finance tech collaboration projects.
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DDEC announces several initiatives to support SMEs
diciembre 13, 2021
The Department of Economic Development and Commerce (DDEC in Spanish), announced the launch of several initiatives aimed specifically at local small and medium-sized enterprises (SMEs) with the purpose to provide capital for the development of several commercial activities that promote economic growth and jobs. These funding programs were announced during the Expo Desarrollo Pymes, an […]
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Puerto Rico towns given access to $150M federal funds program
noviembre 10, 2021
The Coronavirus Local Fiscal Recovery Fund, a $150 million pool of funds assigned through the American Rescue Plan Act (ARPA) of 2021, is officially open for all 78 Puerto Rico mayors who may dip into it upon signing an agreement with the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish), Gov. Pedro Pierluisi announced. […]
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Pierluisi breaks down use for $4B ARPA allocation to Puerto Rico
agosto 4, 2021
Gov. Pedro Pierluisi offered a detailed breakdown of the use that will be given to some $4 billion allocated to the Puerto Rico under the American Rescue Plan Act of 2021. During a news conference — and flanked by Secretary of State Omar Marrero, Treasury Secretary Francisco Parés and Office of Management and Budget Executive […]
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HUD publishes notice on use of up $2B in disaster recovery funds for Puerto Rico, USVI
junio 22, 2021
The US Department of Housing and Urban Development (HUD) published a Federal Register notice governing the use of $2 billion in Community Development Block Grant Disaster Recovery (CDBG-DR) funds for electric power system enhancements and improvements for Puerto Rico and the US Virgin Islands. The publication of this notice is the latest in a series […]
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