Several municipalities on the island will benefit from some $17 million for permanent work projects with funds approved by the Federal Emergency Management Agency and the Puerto Rico Central Office for Recovery, Reconstruction and Resilience, or COR3. The allocations made June 5-11 will fund 75 recovery and reconstruction projects in Puerto Rico to address damage […]
Caribbean Produce Exchange Inc. confirmed that the alliance to establish a free distribution network of 1.2 million boxes of fresh food to all of Puerto Rico has yielded “very positive results,” now in its fifth week. The U.S. Department of Agriculture-financed project under the “Farmers to Families Food Box Program” has seen the participation of […]
The Aurora Angel Network has made an undisclosed investment in local superfood manufacturing startup Amasar, which has developed a line of products and recipes based on the long know Puerto Rican staple: breadfruit. Amasar was founded in 2016 by Puerto Rican professionals Marisol Villalobos, a microbiologist, and Jesús Martes, a chemical engineer, who quit […]
The Puerto Rico Ports Authority and maritime cargo and stowage services company Puerto Rico Terminals LLC, reached an agreement that guarantees the “uninterrupted service of maritime cargo management” by that firm in the Puerto Nuevo Ports Zone, while it “opens space to attract other operations needing space in the loading docks,” agency Executive Director Joel […]
Fulcro Insurance has joined forces with the American Red Cross to provide guidance to communities on risk prevention and management during the hurricane season, which is already underway. “We manage part of the risk management efforts for our clients and the Red Cross is in the first line of defense when a catastrophic event occurs,” […]
After an intense year of work, developing social entrepreneurship projects that foster the economic, environmental and social development of Puerto Rico’s communities, Enactus university students faced a jury of business experts, environmental experts and academics to present their findings. The 2020 Topics Competition, with the motto: “Stronger, Passionate and Committed, creating a better world for […]
The Automotive Technicians and Mechanics Examiners Board announced an extension to the expiration date of mechanic licenses in all its categories until Aug. 31, 2020, and the approval of more than 100 continuing education courses in different modalities. “To practice mechanics in Puerto Rico, a license issued by the state is required,” said Board Chair […]
Metropistas announced the launch of a project in alliance with the Sila M. Calderón Foundation and its Center for Puerto Rico to support Puerto Rican businesswomen, publicize their businesses and motivate others toward entrepreneurship, at a time when the local economy has been affected by the COVID-19 crisis. The “Vía Empresarial” project presents the stories […]
A couple of high-ranking executives were announced in recent weeks, to head public and private-sector organizations. McCormack Baron Salazar names VPMcCormack Baron Salazar announced that Antonio Garate has been named vice president and director of development for Puerto Rico. With 25 years of experience in commercial, residential, institutional, and industrial design and construction management, Garate will […]
Pharma-Bio Serv Inc., announced that revenues for the three and six months ended April 30, 2020 were $5.6 million and $10.2 million, respectively, an increase of approximately $498,000 and $545,000, or 9.7% and 5.6%, respectively, when compared to the same periods last year. The Dorado-based compliance, project management and technology transfer support consulting firm provides […]
The Federal Communications Commission today approved $237.9 million in funding over three years to “expand, improve, and harden” mobile broadband networks in Puerto Rico and the U.S. Virgin Islands. Specifically, in Stage 2 of the “Uniendo a Puerto Rico Fund” and “Connect USVI Fund,” the FCC authorized $233.9 million to three carriers serving Puerto Rico […]
Puerto Rico Gov. Wanda Vázquez signed Ley 57-2020, known as the “Complementary Law to Address the Effects of the COVID-19 Emergency on the Puerto Rican Economy” — a second package of economic measures that are part of the government’s plan to reactivate the economy, support businesses and protect workers. On Sunday, she penned into law […]
Puerto Rican e-commerce platform Gustazos.com endorsed the sale of 15,000 hotel room nights on the island during the first week of June and has rewarded its Visa users with more than 240,000 credits for purchases on the website, company officials confirmed. The popular e-commerce platform has set a record by averaging one night sold per […]
The Puerto Rican Association of Financial Analysts (APAF, in Spanish) will hold two virtual conversations in the coming weeks for its members and the general public, the professional group announced. The first, slated for June 18 at 2 p.m., will have the participation of Emilio Colón-Zavala, past president of the Puerto Rico Builders Association, president […]
Looking to support Puerto Rican entrepreneurs, nonprofits Causa Local and Ágora Cultural Architects are lauching Causa Creativa, a series of events “that will offer the public entertainment and knowledge this summer.” The events, which begin June 17, will be broadcast through Facebook Live and will feature Puerto Rican projects Papaya Tropical, Mundo de Muñecos, Sangría […]
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