The Puerto Rico Science, Technology and Research Trust has earmarked close to $5 million for a grants program focused on proposals presented by scientists and researchers related to the development and research in the fields of natural sciences, biotechnology, aerospace technology, communication, medical innovations, electronics, clean and renewable energies and related sciences, Iván Ríos-Mena, acting executive director of the PRST, said.
Álvaro Fischer, president of Fundación Chile, was recently invited to address entrepreneurs from Oriental Bank’s commercial banking division, on the topic of innovation in entrepreneurship and available opportunities for Puerto Rico’s economic development.
While Puerto Rico’s competitive capacity depends mostly on its capacity to innovate, the island faces great challenges in education and infrastructure — areas that require immediate attention to position it favorably against other global economies.
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