Endeavor Puerto Rico catalyst fund raises $1M from local investors
October 19, 2021
Three years since its establishment on the island, Endeavor Puerto Rico has raised $1 million for its Endeavor Catalyst Fund, from local investors who seek to support the nonprofit’s goal “to help more entrepreneurs innovate, grow and create a mark on the global stage.” The nonprofit presented a result report that summarizes the most important […]
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Labor Dept. reminds employers about Christmas bonus exemption rules
October 19, 2021
The Department of Labor and Human Resources informed employers that they have until Dec. 15, 2021, to pay the bonus to private sector workers who are entitled to it, according to Puerto Rico laws. Employers looking to be exempted from paying the bonus to their employees, because they suffered economic losses or received earnings that […]
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University of Puerto Rico gets $750K to open research facility
October 19, 2021
The University of Puerto Rico’s Department of Chemistry at its Río Piedras campus has received a $750,000 grant to establish a Center for the Advancement of Hybrid Research Experiences for Underrepresented Students. The funding comes from the US Department of Education, under the Minority Science and Engineering Improvement Program (MSEIP) and will extend for three […]
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Executive posts filled at Wyndham Palmas, Subway, Banesco, NUC
October 19, 2021
This week’s edition of Climbing the Corporate Ladder includes professional appointments in the areas of hospitality, education, and banking, among others. Wyndham Palmas Golf and Beach Resort builds on exec. teamHospitality investment firm LionGrove and Andro Nodarse-León, the company’s CEO, announced new appointments at their recently acquired property, Wyndham Palmas Beach and Golf Resort in […]
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Mentes Puertorriqueñas en Acción launches 12th call for social sector internship
October 19, 2021
Nonprofit Mentes Puertorriqueñas en Acción (MPA) has launched a call for its 12th annual PARACa social action internship, in alliance with AmeriCorps VISTA, and PARACa summer 2022. The deadline to submit the application for the annual internship is Oct. 30, 2021 and the summer edition will be open until Feb. 28, 2022. This project targets […]
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Medical Cannabis Regulatory Board OKs freeze on license fees for doctors
October 19, 2021
The Medical Cannabis Regulatory Board recently approved a moratorium on the payment of license fees for physicians in Puerto Rico who wish to register or renew their authorization to recommend medical cannabis treatment to patients. This action resulted from a “weighted analysis” of the current situation related to the limited availability of doctors authorized to […]
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Number of certified medicinal cannabis patients up 24% since ’19
October 18, 2021
The number of certified medicinal cannabis patients has jumped to 114,521, according to the most recent data published by Puerto Rico’s Medicinal Cannabis Regulatory Board (MCRB), up by about 24% when compared to the 92,499 on record for 2019. However, according to an analysis by local economic research firm, Abexus Analytics, about 37% of Puerto […]
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Toyota de Puerto Rico unveils new $24M HQ’s in San Juan
October 18, 2021
Toyota de Puerto Rico unveiled its new $23.6 million corporate headquarters at the 654 Plaza building in San Juan, where it also invested another $3 million to create a state-of-the-art training center. Advances in technology, the company’s needs, and Toyota’s commitment to Puerto Rico made it necessary to move its offices to new the facilities, […]
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StartUp Popular looking to the future and prepared for new entrepreneurs
October 18, 2021
For more than five years, StartUp Popular has been a promoter of entrepreneurship and the economy of Puerto Rico. The program, which has been dedicated to offering financing, coaching and events to encourage networking among local entrepreneurs, will continue to receive applications. StartUp Popular is designed for entrepreneurs who have a business with two years […]
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Medtronic launches program to recognize healthcare workers who ‘inspire’
October 18, 2021
Medical technology company Medtronic plc announced the launch of “Inspiradores,” a recognition program to honor and celebrate health workers in Latin America through life stories. The launch coincides with the World Health Organization’s (WHO) designation of 2021 as the “International year of health and care workers.” In its inaugural year, the “Inspiradores” program will recognize […]
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Liberty partners with PARE Committee to fight gender violence
October 18, 2021
Liberty Puerto Rico and the PARE Committee recently entered a partnership to reinforce and maximize the projection and dissemination of PARE Committee’s educational campaign against gender violence. The president of the PARE Committee and Family Department Secretary Carmen A. González-Magaz, along with executives from Liberty Puerto Rico and its parent company, Liberty Latin America, were […]
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Triple-S gets industry recognition for ’20 results
October 18, 2021
URAC, the accrediting entity specialized in health care, recently announced that Triple-S has been awarded the recognition of 2020 Pioneer, Leaders in Performance Measurement Recognition Program for its commitment to the quality of health services provided to its clients. “At Triple-S we’re focused on improving the insured’s experience through a continuous effort to achieve excellence […]
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USDA awards $358K to 8 rural water infrastructure projects in Puerto Rico
October 15, 2021
The US Department of Agriculture has awarded grants totaling $358,000 to develop eight rural community water projects across Puerto Rico that were crippled by Hurricane María in 2017. The funding is part of a global $272 million the agency will distribute across the US mainland and Puerto Rico under its Water and Waste Disposal loan […]
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COR3 makes 1st disbursement of $7.1M for PREPA reconstruction projects
October 15, 2021
The Central Office of Recovery, Reconstruction and Resiliency (COR3) announced the first disbursement of approximately $7.1 million to the Puerto Rico Electric Power Authority for work related to reconstruction projects. “The approval of the Advance Request, presented by PREPA to COR3 and whose millionaire amount was disbursed to cover expenses incurred and projected for the […]
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FEMA approves $26.2M to rebuild Félix Millán stadium in Yabucoa
October 15, 2021
The Federal Emergency Management Agency (FEMA) announced it has awarded nearly $26.2 million to the municipality of Yabucoa to rebuild the Félix “Nacho” Millán baseball stadium. This obligation is an addition to the more than $41 million that has been allocated to the municipality to date for 61 other permanent work projects. “This obligation marks […]
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