Owners of small and medium-sized businesses in Puerto Rico that were affected by Hurricanes Irma and María in 2017 may continue applying for help available through the Small Business Financing Program, under the Community Development Block Grant (CDBG) Program. Puerto Rico Housing Department Secretary William Rodriguez, said so far, the program has disbursed $24.5 million […]
The U.S. Small Business Administration recently announced the end of the Restaurant Revitalization Fund (RRF) program, which awarded $69.2 million in payments to 339 bars and restaurants in Puerto Rico, the agency confirmed. There was a total of 2,396 applications from Puerto Rico establishments, which requested a little more than $419 million in funding. Over in the […]
Two communities in the town of Aguas Buenas have been awarded a combined $303,000 to modernize their rural drinking water and wastewater infrastructure systems, the US Department of Agriculture announced. The funds are part of a global $307 million allocation granted across the US mainland and Puerto Rico and are part of a bipartisan infrastructure […]
Liberty Latin America released its inaugural ESG report outlining its commitment to environment, social, and governance (“ESG”) practices across its operations in Latin America and the Caribbean. The ESG report covers metrics for 2020 and is available on the company’s website. “On behalf of all our employees at Liberty Latin America, I’m proud to present […]
Cybersecurity firm GM Sectec announced the expansion of its services to Iraq with the commencement of the card production certification process for a card embossing company in that country. “We’re pleased to begin business on the other side of the world, starting in Iraq, a country well known for its rich history and oil-based economy, […]
The Puerto Rico Ports Authority has selected local firm Isla Borinquen LLC, headed by Baseball Hall of Famer Iván “Pudge” Rodríguez, to develop, finance, build and operate a $12 million dry dock facility at Pier 15 in San Juan. The facility will offer maintenance, repair, and appraisals of commercial vessels and yachts. The project could […]
Passenger traffic at the Luis Muñoz Marín International Airport (LMM) exceeded the 1 million mark in June, which reflected a 13.7% increase over the 888,007 on record for June 2019, prior to the COVID-19 pandemic hit. Last month’s total is nearly a five-fold jump from the 214,008 on record for June 2020, when passenger movement […]
Parallel18’s international acceleration program for startups, P18, announced the selection of the 40 companies that will be part of its ninth generation, headed by businesses established in Puerto Rico. The initiative, part of the Puerto Rico Science, Technology and Research Trust, offers entrepreneurs from around the world, access to high-quality business education, financing, and networking […]
U.S. Customs and Border Protection (CBP) recommends the importing community to ensure articles imported in preparation to the Hurricane season complies with all US import requirements. Nearly four years after Hurricanes Irma and María pounded Puerto Rico’s electrical grid, leaving some in the dark for almost a year, frustration over the island’s still-fragile power supply is […]
Looking to continue steering Puerto Rico toward economic impact after COVID-19’s impact, the Fiscal Agency and Financial Advisory Authority (AAFAF, in Spanish) has opened the application process for municipalities to receive federal allocations from the American Rescue Plan Act. Under the Coronavirus Local Fiscal Recovery Fund, $1.55 billion was allocated for the 78 municipalities and […]
The Puerto Rico Health Department unveiled the Puerto Rico Health Information Exchange, a platform through which the agency seeks to establish new technological solutions to streamline patient care procedures. This tool allows a patient’s medical information to be made available to doctors, nurses, hospitals, and other organizations when health care is required, Health Secretary Carlos […]
After concluding two projects with the Southern Puerto Rico Chamber of Commerce last week, Bayer Crop Science announced it is taking its “Programa Siembra” agricultural education program for adults to communities in Ponce and Mayagüez this summer. Starting this week, “Programa Siembra” is offering two new projects in Ponce. One is for teens and young […]
The U.S. Small Business Administration updated the list of grant recipients in Puerto Rico under its Shuttered Venue Operators program, which as of June 28, included nine local businesses that have received a combined $1.2 million. The data shows that 2,390 grants have been awarded nationally totaling approximately $1.5 billion, with the average award size […]
The Centros Sor Isolina Ferré (CSFI, in Spanish) announced it has signed an agreement with the Housing Department to expand its academic offerings with the help of a $3.9 million Community Development Block Grant (CDBG) Program allocation, the nonprofit announced. The grant is available for a five-year period and the new academic offer builds on […]
The Titín Foundation has launched its labF3S project with 50 nonprofit organizations, which aim to provide the necessary tools so they can be trained and accelerate their operations. “When we created sinfinespr.org we noticed the number of nonprofit organizations that due to lack of time or resources, could not request exemptions to get support for […]
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