NBCU Academy grants student scholarship fund to Sacred Heart University
January 19, 2022
Through its NBCU Academy program, the NBCU News Group awarded the Sacred Heart University’s Ferré Rangel School of Communication (ECFR, in Spanish) a donation as part of a new partnership to support the education of communicators who contribute to the values of diversity, equity, and inclusion in society. Sacred Heart University is one of 13 […]
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Barrranquitas farmers to sell yam production to Econo, Wal-mart
January 19, 2022
Agriculture Department officials stepped in to help farmers in Barranquitas market their yam harvests, after one of the agronomists went public on social media about the possible loss of a large starchy root vegetable crop he was unable to sell. Agriculture Secretary Ramón González met with farmers in the mountainous town, connecting them with retailers […]
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FV Bank invests in DIRO global instant bank account verification platform
January 19, 2022
Puerto Rico-based FV Bank announced it has invested in DIRO, an online platform that provides financial institutions, payment providers, crypto companies, and other enterprises with the ability to verify a person or document on a global scale. FV Bank is integrating DIRO’s solution into its account opening protocols to facilitate compliant automation of its “Know Your Customer” […]
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EDB doubled its financing capacity for SMEs in ’21 vs. ’19
January 18, 2022
The Puerto Rico Economic Development Bank doubled the number of loans approved for small and mid-sized businesses in 2021, when compared to 2019, agency President Luis Alemañy said, adding that in doing so, “the public corporation has become one of the main sources of aid and financing” for that segment known as SMEs. Offering a […]
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Education announces $75M wi-fi initiative for public schools
January 17, 2022
The Puerto Rico Department of Education announced a $75 million initiative to provide wireless broadband access to public school students and teachers through June 30. In a release, the agency confirmed the funding will come from the federal Emergency Connectivity Fund. The three companies participating in the initiative are Liberty Puerto Rico, Claro Puerto Rico […]
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GUIA reports 36% YoY new car sales growth in ’21, highest jump in 16 yrs.
January 14, 2022
New car sales in Puerto Rico hit a record figure last year, when 129,145 vehicles were sold, representing a 36% jump when compared to 2020, and the highest growth since 2005, when 140,400 units were sold, the United Automobile Importers Group (GUIA, in Spanish) announced. Last year’s industry growth happened despite the effects of the […]
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DDEC announces commercial mission to Spain April 4-8
January 14, 2022
The Department of Economic Development and Trade announced that the Trade and Export Program will carry out a commercial mission to Spain, which will take place April 4-8, with the support of a State Trade and Export Promotion grant from the U.S. Small Business Administration. Entrepreneurs interested in participating in this trade mission have until […]
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Puerto Rico Ports Authority lands $8M from FAA for airport upgrades
January 13, 2022
The Puerto Rico Ports Authority announced it has received $8 million from the Federal Aviation Administration, which it will earmark to cover capital improvement projects in the island’s airport system. In a release, agency Executive Director Joel Pizá said the specific projects will be: The expansion project of the passenger terminal and installation of jet […]
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Discover Puerto Rico sends delegation to International Tourism Fair in Madrid
January 13, 2022
A delegation from Discover Puerto Rico will arrive in Spain next Monday to participate in the new edition of the International Tourism Fair (FITUR) that will take place in Madrid Jan. 19-23. The group will take all possible precautions to avoid COVID-19 infections during the event that brings together thousands of people in one of […]
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USDA invests $1.5M in partnerships to address climate change in Caribbean
January 13, 2022
The US Department of Agriculture announced a $9 million investment in new Cooperative Extension and USDA Climate Hubs partnerships to bolster climate research and connect and share climate-smart solutions directly with the agricultural community. The USDA Caribbean Climate Hub, which will receive $1.5 million, is partnering with minority-serving universities, including the University of Puerto Rico […]
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Travel blog Mochileando will award $5K to 2 local entrepreneurs
January 13, 2022
Mochileando — a travel blog based in Puerto Rico — in collaboration with its nonprofit organization, Fundación Mochileando 100×35, will donate $5,000 to two local entrepreneurs so they can boost their business or expand it through the “Despega tus sueños 2.0” initiative. Participants must include an 1- to 3-minute explanatory video describing the business idea […]
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COVID-19 vaccines administered at Puerto Rico malls exceed 300K
January 13, 2022
As the COVID-19 virus rages and has reached its highest peak of infections in Puerto Rico, the Puerto Rican Association of Shopping Centers confirmed that more than 313,312 doses of the vaccine against this disease have been administered in their malls. The malls that currently have vaccination centers are Aguadilla Mall in Aguadilla, Céntrico in […]
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Child Tax Credit, Work Credit to inject $2.6B into Puerto Rico economy
January 12, 2022
More than 304,000 families could benefit this year from the Child Tax Credit (CTC) and 466,000 families from the Work Credit benefit, which together will benefit their pockets and inject up to $2.6 billion into the Puerto Rican economy, according to for Youth Development Institute of the nonprofit Espacios Abiertos (EA). Economist María Enchautegui, the […]
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OncoHealth, Triple-S Salud partner for evidence-based cancer treatment
January 12, 2022
OncoHealth, a digital health company dedicated to navigating the physical, mental, and financial complexities of cancer care, has announced a multi-year partnership with Triple-S Salud. OncoHealth and Triple-S have been partners for more than two years and now they have expanded their partnership to include cancer treatment reviews for all lines of business, including 450,000 […]
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McDonald’s donates toys, food to 3 children’s shelters in Puerto Rico
January 12, 2022
As part of its “Navidades Nivel Boricua” campaign, McDonald’s Puerto Rico marked the holiday season by donating toys and food to three children’s homes on the island. The campaign benefited the Hogar Albergue de Niños, Portal de Amor Inc. in San Germán, Hogar de Niños Forjadores de Esperanza Inc. in Bayamón, and Hogar Infantil Santa […]
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