Loíza becomes 1st municipality to participate in Dementia Friends program
February 2, 2022
The Municipality of Loíza has joined health organization Dementia Friends and Triple-S in an effort to raise awareness and change the way society acts, thinks, and speaks about dementia, the town Mayor Julia Nazario announced. Dementia Friends is an initiative that educates on the challenges of living with and caring for a person with dementia, […]
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Center Lane Capital donates $290K to Direct Relief in Puerto Rico
February 2, 2022
Puerto Rico-based Center Lane Capital announced a $290,000 donation to Direct Relief in Puerto Rico, consisting of more than 50,000 packets of sanitizing wipes for nonprofit organizations, primary healthcare centers and hospitals on the island “to keep patients sanitized and safe,” Center Lane CEO Brian Morrison confirmed. Morrison is also the founder and part owner […]
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Visa, Grupo Guayacán partner to accelerate growth of Puerto Rico’s fintech sector
February 1, 2022
Grupo Guayacán and Visa have created an alliance to provide specialized training and financial support to startups focused on in digital payment solutions and to accelerate the proliferation of local business projects in the dynamic financial technology and payment processing sector. Entrepreneurs in the sector known as “fintech” will benefit from the easy access that […]
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Jefas y Jevas’ platform looks to develop new female moguls
February 1, 2022
Financial empowerment platform “Jefas y Jevas” was recently launched and seeks to help the financial development of women in Puerto Rico and the diaspora to increase the number of female millionaires. The concept includes a podcast, advice through social networks, mentoring workshops, training dynamics and support groups and it addresses business, entrepreneurship, and personal finance […]
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Puerto Rico startup clinches industry summit ‘People Choice Award’ honor
February 1, 2022
San Juan-based Hallo, one of the Top 100 startup finalists that competed in the recent 9th Annual Startup of the Year Summit in the innovation hub of Tampa, FL, took the “People’s Choice Award” for Puerto Rico. The awards ceremony took place Jan. 27th during the three-day event sponsored by Established with sponsors such as, […]
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‘Juego Empresarial’ event draws 84 Aibonito businesses to training sessions
February 1, 2022
“Juego Empresarial,” an event recently sponsored by the PROEL Connect firm, drew more than 100 people representing 84 businesses in the central town of Aibonito. The event included virtual and in-person activities and was attended by 23 experts, who spoke about the dimensions of the modern entrepreneur and the strategies of successful entrepreneurship, PROEL Connect […]
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6 consumer goods brands to watch in ’22 in Puerto Rican market
January 31, 2022
In Puerto Rico, 2022 is a promising year for national consumer goods, including well-known brands as well as recently launched ones. Six companies offer a variety of high-quality products worth looking at. 1. Viande FoodsViande Foods LLC focuses on consumers’ health and wellbeing by making locally inspired products, rich in nutrients and flavor. The company […]
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IEEFA: Puerto Rico’s solvency should not come at expense of ratepayers
January 31, 2022
The $8.26 billion in debt claimed by the Puerto Rico Electric Power Authority (PREPA) bondholders should not be borne by island ratepayers and small investors, IEEFA Director of Financial Analysis Tom Sanzillo said in testimony to the island’s legislature. Instead, Sanzillo told the Puerto Rico Senate Permanent Commission on Strategic Projects and Energy that reducing […]
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Puerto Rico-based Pacifico Group investing $1.2M to expand to US mainland
January 31, 2022
Pacífico Group Inc., a company dedicated to providing management and technology solutions to government and companies, recently announced the expansion of its services to the US mainland, after partnering with several companies to execute projects in Louisiana. The Puerto Rican firm will be investing $1.2 million, through the Pacific Public Consulting Division, in this new […]
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75KW solar energy microgrid in the works for Maricao
January 31, 2022
The Puerto Rico Solar Energy Companies Accelerator (AEESPR, in Spanish), part of the Interstate Renewable Energy Council (IREC), will develop a 75KW energy microgrid through the installation of photovoltaic panels that will be placed on the roofs of several establishments in the urban center of the town of Maricao. This project will benefit several facilities, […]
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USDA loans Toa Baja $3.4M to purchase emergency response vehicle, equipment
January 31, 2022
The town of Toa Baja recently received a low interest Community Facility Direct loan of nearly $3.4 million to finance the acquisition of emergency response vehicles and equipment, Luis R. García, acting state director for USDA Rural Development in Puerto Rico announced. The funding is part of a $1 billion investment that the federal agency […]
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Popular Inc. reports $206M in 4Q21 net income, up 17% Y-O-Y
January 28, 2022
Popular Inc., parent company of Banco Popular de Puerto Rico, reported net income of $206.1 million for the fourth quarter ended Dec. 31, 2021, compared to net income of $176.3 million in the same period in 2020. The financial institution also reported net income of $934.9 million for the year 2021, compared to net income […]
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Expedia report shows interest to travel to Puerto Rico up 20% vs. ’20
January 28, 2022
Travel platform Expedia Group released its Expedia 2022 Travel Trends Report that showed, among other things that during the first 15 days of 2022, the market in Puerto Rico has shown growth in several areas. The overall search interest to travel to Puerto Rico is picking up with a +20% growth when compared to 2020, […]
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Lopito, Ileana & Howie appoints new GM
January 28, 2022
As part of its 50th anniversary celebration, San Juan-based advertising agency Lopito, Ileana & Howie, announced the appointment of its new general manager, experienced publicist Alexandra “Alexa” Caraballo, who has also been a partner since 2018. The veteran publicist assumes her new executive role to which she brings more than 25 years of experience working […]
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INprende launches new skills program
January 28, 2022
INprende recently launched a new skills program called Indispensable, which seeks to empower the work teams of companies with skills aligned with the needs of the labor market. The program will consist of 12 hours of training in virtual mode and will include the participation of experts in the development of human capital. The educational […]
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