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The Cornetta is a handcrafted Bluetooth speaker inspired by vintage gramophones and built in entrepreneur Héctor Montalvo’s workshop in Cataño.
In-Brief
Cornetta wins $20K prize, retail space at Plaza Las Américas
NIMB Staff December 3, 2025

Héctor Montalvo’s handcrafted Bluetooth speaker secures top spot in Travesía al Éxito Empresarial competition. #NewsismyBusiness

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Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, which oversees the Xpand program supporting Puerto Rican companies expanding abroad.
In-Brief
Xpand opens call for Puerto Rico firms eyeing global growth
NIMB Staff November 12, 2025

The Banco Popular–backed program led by parallel18 will select up to 20 companies for free mentorship, funding guidance and international expansion support. #NewsismyBusiness

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The new School of Business includes conference rooms, shared work areas, digital displays and spaces designed for academic and professional collaboration.
In-Brief
Sagrado unveils new School of Business in Santurce
NIMB Staff November 10, 2025

The university invests $1 million to train ethical, innovative, and socially responsible business leaders for Puerto Rico. #NewsismyBusiness

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Banco Popular de Puerto Rico filed a complaint in federal court to enforce a maritime lien against the vessel M/V Tatonka 2 over an alleged loan default. (Credit: Alexei Novikov | Dreamstime.com)
Featured, General Biz News
Banco Popular seeks foreclosure on vessel M/V Tatonka 2
NIMB Staff September 11, 2025

Bank claims $584K debt in ship mortgage default, requests seizure. #NewsismyBusiness

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Banco Popular’s headquarters in Hato Rey.
In-Brief
Popular debuts digital platform for personal loan offers
NIMB Staff September 3, 2025

New tool lets customers apply online without affecting credit scores. #NewsismyBusiness

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La Chocolatería, winner of the 2024 Travesía al Éxito Empresarial competition for small businesses in Puerto Rico.
Featured, General Biz News
Travesía al Éxito offers $20K, year-long Plaza Las Américas kiosk to winner
NIMB Staff August 12, 2025

Fifth edition expands prizes, extends benefits and adds exposure for finalists. #NewsismyBusiness

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Arleen Hernández, co-researcher for the Global Entrepreneurship Monitor (GEM) project in Puerto Rico.
Economy, Featured
Puerto Rico early-stage entrepreneurship climbs 9% in 2024, GEM finds
NIMB Staff August 4, 2025

GEM report shows 24.3% of population engaged in early-stage ventures. #NewsismyBusiness

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Banking, Featured
Popular Risk launches Medicare Advantage pilot at Banco Popular branches
NIMB Staff June 19, 2025

Program offers personalized guidance on health plan options from three insurers. #NewsismyBusiness

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The new “Apoya a un Joven este Verano” (“Support a Youth This Summer”) campaign launched at an event at the Museum of Art and Design of Miramar.
In-Brief
ConPRmetidos campaign boosts summer training for Puerto Rican youth
NIMB Staff June 18, 2025

“Apoya a un Joven este Verano” launches pilot program to align education with workforce needs. #NewsismyBusiness

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Edwin Figueroa-Narváez, director of the Nuestro Barrio program, speaks during the announcement of seed capital grants in Santurce.
In-Brief
9 Santurce businesses receive $40K in seed funding through Nuestro Barrio
NIMB Staff April 7, 2025

The initiative supports Santurce entrepreneurs and aims to strengthen the local business ecosystem. #NewsismyBusiness

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Apple Pay simplifies payments for food, shopping, transportation, parking and more.
Biz Views
Now you can use your Visa cards with Apple Pay
Contributor April 3, 2025

Popular’s Visa clients already have the service in Puerto Rico. #NewsismyBusiness

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The Federal Reserve building in Washington, D.C.
Banking, Featured
Federal Reserve bans ex-Banco Popular official over embezzlement
NIMB Staff April 2, 2025

Nicolás Pérez-Alvarado pleaded guilty to misappropriating nearly $20,000 while serving as deputy operations manager in Puerto Rico. #NewsismyBusiness

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Mastercard partnered with Oriental Bank to bring Apple Pay to Puerto Rico.
Banking, Featured
Banks, credit cards launch Apple Pay in Puerto Rico
NIMB Staff March 19, 2025

The launch offers consumers a secure and convenient way to make transactions using their Apple devices. #NewsismyBusiness

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The NeuroLab helps small and medium-sized enterprises grow using neuromarketing, which analyzes consumer brain responses, and Lego Serious Play, a hands-on strategy for creative problem-solving.
In-Brief
RUM gets $200K from Banco Popular to create NeuroLab
NIMB Staff March 19, 2025

The program is the first and only one in Puerto Rico. #NewsismyBusiness

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Banking, Featured
‘Emprende con Popular’ promotes Puerto Rico’s entrepreneurial spirit
NIMB Staff December 3, 2024

The initiative will provide access to a portfolio of support organizations, with relevant information and recommendations tailored to the needs of companies. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Thrift is definitely trending as a sector. We’re grateful for that because we use the proceeds from the goods sold in our stores to invest in programs that help people and communities.

 

Puerto Rico is a new market for us, with one store open and several others on the way, and the reception has been awesome.”

 

— Kent Kramer, CEO, Goodwill de Puerto Rico

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