Retaining, luring back talent ‘key’ to making Puerto Rico ideal tech destination
September 14, 2021
Puerto Rico has a “significant need” to retain its existing human talent and to find ways to lure back those who have left, to guarantee its place among the world’s ideal innovation and technological destinations, several private-sector representatives who are either entrepreneurs or help those who are up-and-coming, agreed. During a panel discussion on the […]
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US DOT assigns $1.2M to 2 local co.’s to protect aviation industry jobs
September 14, 2021
The U.S Department of Transportation announced the allocation of $1.2 million from its Aviation Manufacturing Jobs Protection program (AMJP) to two Puerto Rico applicants. Aguadilla-based Lufthansa Technik Puerto Rico LLC will get up to $1.2 million, with which it will protect 89 jobs, while ULD Services Corp. will get $40,560 to preserve three jobs. The […]
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DDEC joins industries, academia to promote talent dev’t in Puerto Rico
September 14, 2021
Academics and leaders of different educational institutions, as well as representatives of several business and government sectors drew up joint plans that will result in the development of the workforce and increase the competitiveness of Puerto Rico as an investment destination. The strategy was part of the “Academy Meets the Industry” roundtable at the General […]
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Parallel18’s pre18 program open calls for 4th generation
September 14, 2021
With the slogan “Sácala del Parque,” (“Hit a home run”) parallel18’s pre-acceleration program, pre18, has opened a call for local companies interested in participating on its fourth generation. Startups will have until Oct. 12 to summit the online application form. The program, part of the Puerto Rico Science, Research and Technology Trust, is looking for […]
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$70M Puerto Rico Film District project dead 3 yrs. after unveiling
September 13, 2021
Three years after the much-touted $70 million Puerto Rico Film District project in Miramar was announced in 2018, the pre-development agreement between the government and British businessman Keith St. Clair has been terminated, meaning the end of the venture, News is my Business has learned. Puerto Rico Convention District Authority Executive Director Mariela Vallines confirmed […]
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Parallel 18 alum HOKALI to open operations in Puerto Rico by December
September 13, 2021
HOKALI — an application that helps schedule classes with sports teachers — one of startup accelerator parallel18’s successful projects, will expand services to the island by mid-December with its surfing lessons to beach areas like Rincón and downtown San Juan. The app currently is dedicated to surfing, but the expectation is to add kite surfing, […]
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Going from an idea to a project, and what happens along the way: UnderstHand
September 13, 2021
EDITOR’S NOTE: This post is a collaboration from Grupo Guayacán, as part of its 25 Days of Giving campaign. “We assumed many things about what the deaf community needs,” said Alondra Toledo. “We had done interviews and market studies. We were looking for solutions to a problem.” In essence, what Alondra and Joel Josué Colón […]
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Op-Ed: Are vaccination rates impacted by politics?
September 13, 2021
As we all have watched in great amazement the outsize rise in COVID-19 cases due to the delta variant, particularly in most southern states, I wondered if there was a trend between vaccination rates and party affiliation. I know the mere thought sounds absurd; however, after watching a recent program on “Jugando Pelota Dura” in […]
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Chick-fil-A confirms opening of 2nd restaurant in Bayamón in ’22
September 13, 2021
A second Chick-fil-A restaurant will open in the new Los Filtros shopping center in Bayamón. News is my Business confirmed it will open in 2022. “It’s our pleasure to confirm we will be opening two new Chick-fil-A restaurants in Bayamón in 2022. Each restaurant opening brings 75 to 100 part-time and full-time jobs to the local […]
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DDEC invites businesses to participate in federal procurement assistance event
September 13, 2021
As part of the 4th Procurement Technical Assistance (PTAC) Centers National Day, the Department of Economic Development and Commerce (DDEC, in Spanish) is invites local businesses and entrepreneurs interested in exhibiting and selling their products or services to the federal government, to participate in a virtual event organized by the agency’s Federal Contracting Center (FeCC) […]
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USDA investing $537K in 11 renewable energy projects in Puerto Rico
September 10, 2021
The US Department of Agriculture will invest $537,363 in 11 renewable energy infrastructure projects in Puerto Rico, through one loan and 10 grants, to help rural communities, agricultural producers and businesses lower energy costs. The allocation to Puerto Rico is part of a global $464 million funding round that the agency announced for operations in […]
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Grupo Guayacán starts celebrating anniversary with ‘25 Days of Giving’
September 10, 2021
To celebrate its 25 years of service to the community of entrepreneurs in Puerto Rico, Grupo Guayacán is launching an extensive anniversary program focused on the success stories of its participants and the organization’s contributions to Puerto Rico’s economic development. Throughout its history, Guayacán has assisted more than 2,000 people and more than 720 companies […]
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Op-Ed: Celebrating a milestone for local entrepreneurship
September 10, 2021
Puerto Rico is celebrating a major milestone for entrepreneurship that has been 25 years in the making. It all started with our founder Enrique Adsuar-González’s vision of forging a local industry driven by private capital to promote economic growth for Puerto Rico. A quarter of a century later, Grupo Guayacán’s achievements are a testament of […]
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Kinesis Foundation to host 5th annual fundraising gala
September 10, 2021
The Kinesis Foundation announced the celebration of its fifth annual gala, under the theme of “The Color of your Dreams,” Nov. 12, starting at 7 p.m., at the Condado Vanderbilt Hotel in San Juan. The charity event seeks to promote that hose students with academic excellence and financial limitations can achieve their academic dreams and […]
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Puerto Rico to host 13 conventions thru ’22, with $51M impact
September 9, 2021
The Puerto Rico Convention Center is set to host 13 meetings from November 2021 through October 2022 that are expected to draw about 23,000 attendees who will generate more than 58,000 room nights, representing a $51 million injection for the local economy. Jorge Pérez, regional manager for ASM Global, which manages the venue, said 2022 […]
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