The U.S. Small Business Administration bestowed a $90,297 grant to the Puerto Rico Small Business and Technology Development Centers to fund specialized training, mentoring, and technical assistance for research and development-focused small businesses under the Federal and State Technology (FAST) Partnership Program. “We’re pleased that Puerto Rico SBTDC has been selected to receive a Fiscal ’22 FAST award. FAST grants […]
Entrepreneurs Organization (EO) Puerto Rico, a nonprofit organization that assembles local entrepreneurs and promotes among its members educational growth on the professional as well the personal levels, presented its new Board of Directors that will guide the institution for the 2021–2022 yearly cycle. Businessman Alberto Cruz took over the presidency along with the following Board […]
Talks with the governor to visits to rural communities were some of the experiences that defined the second edition of the José M. Berrocal Summer Internship, which wrapped up Aug. 6, Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) Executive Director Omar Marrero confirmed. The summer internship brought together 14 university students from a […]
Earlier this week, it was learned that an unspecified number of AT&T customers in Puerto Rico and the US Virgin Islands that were not transitioned to Liberty Puerto Rico will be losing their wireless numbers because of the sale of the carrier late last year. AT&T has limited its comments to saying that it has […]
Net income accrued at the close of Fiscal 2021 totaled $11.7 billion, exceeding the projection by about $606.1 million or 5.5%, Puerto Rico Treasury Department Secretary Francisco Parés confirmed. Furthermore, he noted that the preliminary net income for June 2021 totaled $1.4 billion. This figure exceeded both the income for the same period during the […]
The modern vaccination system had its beginnings when in the 18th century Edward Jenner, an English doctor, pioneered the concept of vaccination by creating the smallpox vaccine. The name vaccine and vaccination derive from “Variolae, vaccinae,” the term created by Dr. Jenner to designate cowpox. Smallpox is a contagious, disfiguring, and often fatal disease that […]
Evertec Inc. announced that S&P Global Ratings has upgraded its issuer credit rating to ‘BB-‘/Stable Outlook from ‘B+’. As basis for its upgrade, S&P noted Evertec’s “conservative balance sheet and solid credit metrics while expanding revenue amid several external impacts including the COVID-19 pandemic.” S&P also cited its expectation that Evertec will generate consistent financial […]
Siblings Idian and Jariel Estrella — ages 12 and 9, respectively — founders and owners of the Limonadas con Amor y Propósito lemonade stand won the Lemonade Day Puerto Rico Entrepreneur of the Year Award, the nonprofit announced. More than 1,000 children participated in the third edition of the Lemonade Day Puerto Rico youth entrepreneurship […]
Puerto Rico-based e-3 Consulting — a firm dedicated to helping small and medium business owners manage their warehouses, as well as their financial services by implementing technology — unveiled Allec, an online system to help that segment keep track of those operational aspects. The system required a $300,000 investment to develop and launch, said Alberto […]
Running a business takes tons of time. Especially when we factor in the extensive cyber needs of any modern enterprise. Slow bandwidth may become a nuisance and powerful connectivity gets expensive by the day. However, several web services help manage key aspects of any digital business, even when not connected to the internet. Most of […]
A new survey released by insurance firm Chubb concluded that business travelers around the world believe the COVID-19 pandemic and related travel restrictions have negatively impacted their effectiveness on the job as well as the ability of their employers to develop business, serve clients and maintain business relationships. Furthermore, business travelers said they “have personally missed traveling […]
Floods in Germany, wildfires in California, historic droughts in the western United States and Brazil, sargassum tides on the shores of Caribbean beaches, extreme heat in eastern Canada and Great Britain. These are just some of the effects that human life has on the planet. It is estimated that by the year 2100 heat waves […]
Aware of the high demand for mortgages and to expedite the process of qualifying for a mortgage loan, Oriental has developed a new digital solution for the benefit of those who are applying for a mortgage or refinancing a property. The new option streamlines the mortgage prequalification process, provides information about the process, and provides […]
Holberton Puerto Rico announced it will officially inaugurate its new school in Santurce on Aug. 12th during its first in-person Open House. The event is expected to attract people interested in pursuing a career in software development, officials said. Those attending will have the chance to learn how Holberton offers the opportunity to become a […]
The Puerto Rico Public-Private Partnerships Authority (P3) is seeking quotes from qualified financial, technical, and legal advisors to assist with the analysis of a potential P3 project related to the modernization of the digital infrastructure of the Puerto Rico Highways and Transportation Authority (HTA). According to the Request for Quotes documents for the project’s different […]
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