Pilot 151, a co-working space in San Juan whose mission is to enable entrepreneurs to create global companies in an environment conducive to productivity and innovation, was one of 50 accelerators chosen to receive a $50,000 cash prize from the U.S. Small Business Administration.
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.
As part of its commitment to transform education through the integration of technology into the teaching and learning process, Microsoft Puerto Rico will sponsor the 2nd “Innovative Teachers Forum” in Puerto Rico, an event slated for May 29th that is expected to draw more than 200 K-12 teachers from public and private education systems interested in developing innovative projects in the classroom.
Puerto Rico’s current economy is smaller and less populated than when many of its legal and government structures were effected, making it necessary to refocus development policies to be able to move forward.
Ohio-based industrial manufacturer Eaton Corporation has been named a Thomson Reuters 2011 Top 100 Global Innovator for its achievements as one of the world’s most innovative companies.
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