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In-Brief
Treasury announces IVU-free days for school supplies in July and January
NIMB Staff June 30, 2025

Consumers and retailers can plan for back-to-school tax holidays on July 18–19 and Jan. 2–3. #NewsismyBusiness

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Evertec Inc. is based in San Juan, Puerto Rico.
In-Brief
Evertec opens 2025 STEM scholarship cycle for Puerto Rico students
NIMB Staff June 30, 2025

Applications due by July 11; program supports academic growth in tech fields. #NewsismyBusiness

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Nonprofit ProTechos, a grant recipient, trains youth in carpentry and helps repair homes damaged by natural disasters.
Featured, Nonprofit organizations
25 Puerto Rico education, health, arts nonprofits split $265K in grants
NIMB Staff June 23, 2025

The next call for proposals will be open from Aug. 1-31. #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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From left: José Antonio Frontera-Agenjo; Bishop Rubén Antonio González-Medina, grand chancellor of the Pontifical Catholic University of Puerto Rico and bishop of the Diocese of Ponce; Monsignor Ángel Luis Ríos-Matos, bishop of the Diocese of Mayagüez; and Monsignor Roberto González-Nieves, archbishop of the Archdiocese of San Juan.
Education, Featured
Pontifical Catholic Univ. invests $8.5M in new Bayamón metro campus
NIMB Staff June 12, 2025

PUCPR assumes control of Universidad Central de Bayamón in strategic merger. #NewsismyBusiness

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Brenda Irizarry of FirstBank leads a coaching habits training during a recent 1Éxito for Business event.
In-Brief
FirstBank to host free business education event for entrepreneurs
NIMB Staff June 9, 2025

1Éxito for Business offers training, networking and $2,000 prize opportunities. #NewsismyBusiness

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Julybeth Alicea-Rodríguez, CEO of HR Disruptor, launched the “Artificial Intelligence in Action” program in Puerto Rico.
Featured, Labor/HR
AI in Action program launches to empower Puerto Rico’s workforce
NIMB Staff June 2, 2025

HR Disruptor’s initiative combines business and academia to teach ethical, hands-on use of artificial intelligence. #NewsismyBusiness

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Student Jarel Negrón receives a Yamaha tuba donated by Mitsubishi from Madelene Nieves, vice president of Mitsubishi Motor Sales of Caribbean.
In-Brief
Mitsubishi Motors donates instruments to Escuela Libre de Música
NIMB Staff June 2, 2025

Students and faculty also create soundtrack for new Outlander 2025 campaign. #NewsismyBusiness

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Puerto Rico could face a significant decline in federal research and development funding as Congress considers cuts that would disproportionately affect the island.
Biz Views
Puerto Rico faces setback as federal R&D cuts loom
Contributor May 29, 2025

Proposed federal cuts could reduce funds for health, agriculture and education research on the island. #NewsismyBusiness

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The Ponce Health Sciences University School of Dental Medicine has integrated Simodont, a virtual reality dental training system used in academic dental institutions worldwide, to strengthen student skills and improve clinical training.
In-Brief
PHSU opens its first dental clinic following $300K investment
Michelle Kantrow May 26, 2025

The new facilities integrate Simodont virtual reality technology. #NewsismyBusiness

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The Fields of Joy Foundation offers free emotional learning tools and mental health resources to support children in Puerto Rico.
In-Brief
Fields of Joy reaches 41K+ students through mental health initiative
NIMB Staff May 22, 2025

Results from social-emotional education lessons in partnership with Fundación Atención Atención and Direct Relief highlight urgent need to expand youth mental health programs across Puerto Rico. #NewsismyBusiness

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The $13.1 billion General Fund excludes special revenue and federal funds. With those included, Puerto Rico’s total consolidated budget for fiscal year 2026 is $32.6 billion.
Featured, Government
OBoard submits $13.1B budget for FY2026 developed with local gov’t
NIMB Staff May 15, 2025

More than 64% of General Fund allocated to education, health care, public safety and pensions. #NewsismyBusiness

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Mark Domzalski, director of the Azmat A. Assur Foundation, during the inaugural award ceremony for the Azmat A. Assur Award for Future STEM Scholars in San Juan.
Featured, General Biz News
Azmat A. Assur Award recognizes 4 outstanding STEM students
NIMB Staff May 14, 2025

The Puerto Rico Science, Technology and Research Trust and Azmat A. Assur Foundation provide $80,000 in scholarships to promising young talent. #NewsismyBusiness

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The space includes a library, study rooms, audiovisual technology, a nursing simulation lab and wellness areas for students.
In-Brief
Ponce Health Sciences opens new San Juan University Center
NIMB Staff April 16, 2025

The facility also serves as the headquarters for its medical program in Tortola. #NewsismyBusiness

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The study, led by José Caraballo-Cueto, professor and director of the Center for Development Studies, analyzed 2023 data from the U.S. Census Bureau.
Economy, Featured
UPR study: Education reduces poverty, but gender gap persists
NIMB Staff March 27, 2025

Educational degrees strongly influenced poverty levels for both genders. #NewsismyBusiness

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QUOTE OF THE WEEK:

“The purpose of this report is not only to highlight challenges but to catalyze solutions using data gathered directly from entrepreneurs themselves. It’s an invitation to act collectively to strengthen the ecosystem.”

 

— Lucy Crespo, CEO of the Puerto Rico Science, Technology and Research Trust, on Colmena66’s 2024 Interactive Report on the State of the Business Community in Puerto Rico

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