Óptima Seguros launches virtual inspection service
April 22, 2020
Óptima Seguros has launched a new service that allows performing virtual vehicle or property inspections during the claim evaluation process, while preserving the social distancing measures to contain the spread of COVID-19 on the island, said José Soto, vice president of claims. “The application is safe and very easy to use from any iOS or […]
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Medplus Solutions produces, donates hand sanitizer to long-term care homes
April 22, 2020
Medplus Solutions, a Puerto Rico-based provider of long-term pharmacy and medication management services, has started the production of hand sanitizer to donate it to those institutions that need it most as a result of the spread of the COVID-19 virus. The program seeks to produce more than 5,000 liters of hand sanitizer solutions to benefit […]
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2 Puerto Rico law firms included among world’s top trademark professionals
April 22, 2020
Puerto Rican law firms McConnell Valdés and Ferraiuoli LLC made this year’s 2020 World Trademark Review, a directory of 1,000 firms and inviduals that focuses exclusively on trademark practices and practitioners. The WTR 1000 ranking, considered a “go-to” resource for those seeking world-class legal trademark expertise included the two local firms, considered for their “depth […]
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CNE: Financial sector failed miserably in Puerto Rico’s hour of need
April 21, 2020
The local financial sector “failed miserably in Puerto Rico’s hour of need” by not helping to close more loans and secure aid for the island’s small business sector through the Paycheck Protection Program, the Center for a New Economy concluded in an analysis of the effects of the federal initiative. The island failed to take […]
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DOT public relations agency launches ‘Support the Makers’ program
April 21, 2020
Public relations agency DOT has launched the “Support the Makers” program In support and recognition of individuals, small businesses and organizations that have reinvented themselves during the COVID-19 emergency. The project aims to publicize the services and initiatives that are being carried out during the quarantine period among the community and make the communications agency’s […]
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Fundación Triple-S donates $250K to support food security
April 21, 2020
Fundación Triple-S has allocated $250,000 to support nonprofit organizations that are working to address food insecurity and other urgent needs in communities around Puerto Rico during the COVID-19 health crisis. The first four organizations chosen to receive the funds are: World Central Kitchen Puerto Rico; Food Bank of Puerto Rico; Iniciativa Comunitaria; and Albergue El […]
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P.R. Community Foundation opens call for grants to Jayuya, Utuado students
April 21, 2020
The Puerto Rico Community Foundation (FCPR, in Spanish) announced the start of the call for applications from students pursuing a professional career in agriculture or education, residents of the towns of Jayuya and Utuado, available through the Gualasia Scholarship Fund. The nonprofit manages the fund and will accept applications through May 29. Requirements for the […]
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Starbucks offers 2nd round of free coffee to COVID-19 front-line workers
April 21, 2020
Starbucks Puerto Rico announced it will repeat on April 22 the initiative to give away a free cup of hot brewed coffee to all healthcare professionals and first responders, in appreciation of their work during COVID-19 emergency. “We want to contribute a bit of hope in this uncertain situation that we are experiencing. Despite the […]
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Vázquez signs law to reduce tax rate for some Puerto Rico residents
April 20, 2020
Gov. Wanda Vázquez signed into law a bill presenting several amendments to the Puerto Rico Tax Reform passed last year that will benefit taxpayers, entrepreneurs and seniors. Law 40-2020, grants an additional 3% reduction for taxpayers whose gross income does not exceed $100,000; eliminates the tax on the provision of services rendered to other businesses […]
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Open Society Foundations invest $500K in Puerto Rico’s COVID-19 response
April 20, 2020
The Open Society Foundations announced a $500,000 investment in Puerto Rico to respond to short-term humanitarian needs on the island driven by the coronavirus while also “making sure that Congress and the Trump administration, as well as local governments in Puerto Rico, recognize the needs of Puerto Ricans during this difficult time.” The investments will […]
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Puerto Rico U.S. Attorney’s office, Elder Justice Task Force launch COVID-19 testing
April 20, 2020
Puerto Rico U.S. Attorney W. Stephen Muldrow and the Elder Justice Task Force announced the launch of an islandwide COVID-19 testing initiative for all residents and employees in Puerto Rico’s long-term care facilities. This multi-agency, multi-sectoral initiative will cover more than 1,000 facilities, 28,000 residents, and 9,000 employees and caregivers during the next three weeks, […]
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Hurricane Hub offers free training to 1st responders, community leaders on COVID-19 management
April 20, 2020
The Puerto Rico Public Health Trust’s Hurricane Hub has expanded its offerings to include trainings for individuals, organizations, and first responders to handle COVID-19. Some of these trainings include: New themes and tools; Coronavirus, hurricanes, and resilience; Affordable housing, equity, and security for families; Well-being of primary health workers; and, State, national, and global resources. […]
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UPR-Mayagüez, Makers against COVID distribute 2,300 face shields
April 20, 2020
The University of Puerto Rico-Mayagüez (known as RUM) and the Makers Against COVID-19 (MAC19) collective have donated a combined 2,300 face shields — 855 of which have gone to health professionals in Puerto Rico’s western region. The entities signed a collaboration agreement that will strengthen the distribution logistics of this protection equipment. “This coalition means […]
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SBA confirms Puerto Rico lenders approved 2,856 loans totaling $659M
April 17, 2020
The U.S. Small Business Administration released a report today confirming that Puerto Rico’s banking partners approved a combined 2,856 loans for a total of $658.5 million under the Paycheck Protection Program (PPP) as of April 16. In total, the loan count for eligible businesses across the U.S. mainland and its territories totaled 1.7 million, representing […]
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Popular approves close to $500M in SBA-backed loans
April 17, 2020
Popular announced that the Small Business Administration approved a total of $494 million in loans to its clients under the Paycheck Protection Program (PPP). Of these, $398 million was granted through Banco Popular de Puerto Rico and $96 million through Popular Bank, Popular’s banking subsidiary on the U.S. mainland. The Paycheck Protection Program was well received in Puerto […]
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