A survey of 450 businesses in Puerto Rico revealed that about 92% of them will be unable to continue making payroll, as the island enters its third week of a sweeping government-mandated lockdown to contain the spread of the COVID-19 virus. Furthermore, 85% of the businesses surveyed do not have a contingency fund, and 59% […]
The Foundation for Puerto Rico received a $291,000 grant from the Ewing Marion Kauffman Foundation to create a multi-stage incubation program for entrepreneurs in communities outside the San Juan metropolitan area. The program will begin next month in the Coamo-Ponce region, foundation officials said. This is the first time that a Puerto Rican entity receives […]
Foundation for Puerto Rico President Annie Mayol joined Nate Mook, executive director of World Central Kitchen and Kevin Thurm, CEO of the Clinton Foundation for the panel on “Building back stronger: Disaster response & preparedness in the Caribbean” during The Concordia Americas Summit in Bogotá, Colombia. During this session, Mayol presented the importance of multisectoral […]