Construction remains at lowest point in 10 years
November 30, 2015
Once a vigorous part of the economy, Puerto Rico's construction sector remains mired at its lowest point in more than a decade with little hope of improvement in the next year, when activity is expected to stay at its present level of under $2 billion, said a spokesman for the industry.
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Highways Authority to invest $254.6M in road projects
October 30, 2015
The Highways Authority will invest $254.6 million in federal funding on 53 road infrastructure projects that should be awarded in June 2016, agency Executive Director Carmen Villar announced Thursday during a meeting of the Associated General Contractors, Puerto Rico Chapter.
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Public school students learn about construction careers
April 29, 2015
The Associated General Contractors of America, Puerto Rico Chapter, in coordination with the Department of Education will conduct the annual closing of its “Build Up!” and “On Site!” programs May 12, when some 300 children and 50 adults from island public schools will gather.
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USDA expands StrikeForce Initiatives to Puerto Rico
April 23, 2015
U.S. Department of Agriculture officials from the agency’s Agricultural Marketing Service, Food and Nutrition Service, Natural Resources Conservation Service, and Rural Development, joined Puerto Rico’s First Lady, Wilma Pastrana on Wednesday to announce the expansion of its StrikeForce for Rural Growth and Opportunity program into Puerto Rico.
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Science Trust grants $1.8M to 12 local scientific projects
April 22, 2015
The development of new drugs against malaria, the creation of hybrid technologies to further communications and aviation, as well as advances in biotechnology to purify water, are several of the initiatives that will be made possible thanks to the awarding of grants for 12 scientific projects, given by the Puerto Rico Science, Technology & Research Trust.
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Planning Board OKs $3B in location consultations in ’14
February 23, 2015
The Puerto Rico Planning Board informed that at the end of 2014 it had approved 52 location consultations, representing a future investment of $3 billion and the potential to create 25,000 jobs.
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Next for Puerto Rico’s Antrocket: Equity crowdfunding
July 1, 2014
Since its launch in February 2013, Antrocket.com has raised nearly $100,000 in funds for sundry enterprises, will soon add a new category to its lineup of fundable projects and intends to be a player in equity crowdfunding once the federal law allowing this type of activity is implemented.
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$292.6M in infrastructure projects in pipeline for ’14
January 29, 2014
The Infrastructure Financing Authority will begin construction this year of about 20 projects, representing an investment of $292.6 million and the creation of 3,504 jobs in Puerto Rico, agency Executive Director Grace Santana said Tuesday.
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National University pumping $12M into new projects
January 10, 2014
National University College is investing a total of $12 million to fund the expansion of its Ponce, Río Grande, and Bayamón campuses, as part of a five-year strategic plan to provide better facilities for students and increase the number of enrollments.
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Op-Ed: Why does Puerto Rico need a Farm Bill now?
November 15, 2013
This fall, Congress has an important opportunity to create jobs and grow the economy by passing a long-term, comprehensive Food, Farm and Jobs Bill.
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Popular Foundation marks ‘Make a Difference Day’
October 28, 2013
Thousands of Banco Popular employees and their families donated their time Saturday to participate in the “Make a Difference Day,” to support nearly 100 community projects in Puerto Rico, the U.S. Virgin Islands and the U.S. mainland.
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Gov’t opens call for Green Energy Fund financing
September 30, 2013
Puerto Rico-based companies interested in benefiting from the government’s Green Energy Fund program will have from Oct. 1-5 to sign up and apply for financing online, José Maeso, executive director of the Energy Affairs Administration announced.
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ACT Global accepting clean tech project proposals
September 26, 2013
If you are an entrepreneur, scientist or professional with an innovative idea for new clean technology products or services with the potential of going commercial, then you should know the Clean Technology Accelerator, known as ACT Global, is accepting proposals to develop marketable projects, company director Javier Lugo-Mender said.
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Gov’t to open bids for $62.5M in construction projects
September 2, 2013
In the next two months, the Puerto Rico Infrastructure Financing Authority (PRIFA) will open bids for construction projects totaling $62.5 million, agency Executive Director Grace Santana told members of the Association of General Contractors.
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Enactus Puerto Rico opens nat’l annual competition
June 20, 2013
Students from nine local universities will present their proposals to improve the quality of life and promote sustainability in communities in need throughout the island at the national annual competition organized by Enactus Puerto Rico (previously known as SIFE), that will take place June 23-25, to select the champion team that will represent Puerto Rico at the World Cup 2013.
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