The $5 million Arena Medalla venue, which will celebrate the triumphs of Puerot Rico’s and give sports fans a place to watch events, will open its doors during the first quarter of 2020 at El Distrito entertainment center in San Juan. Arena Medalla is already in construction and will generate about 75 direct jobs once […]
Focusing education on learning, rather than teaching and students rather than curricula, taking into account skills, content and culture are the key to the successful change of the island’s entrepreneurial landscape, two international entrepreneurship and innovation experts agreed during their participation in the seventh “Echar Pa’lante” conference. Luca Iandoli, associate dean for global and online […]
FirstBank recently wrapped up the year-long celebration of its 70th anniversary with a volunteer activity during which some 250 employees donated their time to perform cleaning, painting, gardening, restorations and recreational activities in more than 20 nonprofits in Puerto Rico, Florida and the U.S. Virgin Islands. “At FirstBank we’re very committed to the communities we […]
The former Villa Music building on Ponce De León avenue in Santurce will be transformed into a creative and cultural entrepreneurship center through an initiative by Sacred Heart University’s Nuestro Barrio: Distrito Cultural de Santurce program, the president of the institution, Gilberto J. Marxuach-Torrós, announced. The 22,000 square-foot space, a few steps from the university, […]
Volkswagen of America Inc. announced a $10,000 donation to the Flamboyán Foundation to support literacy education for kindergarten through third grade students in Puerto Rico. The donation is a joint effort of Volkswagen’s Southeast Region and local Volkswagen dealers, and will fund libraries at two Puerto Rican schools. “We are thrilled to be making a […]
The Puerto Rico Institute for a Competitive and Sustainable Economy (ICSE) Executive Director Tomás Torres moderated a panel discussion during the Caribbean Renewable Energy Forum (CREF) in Miami that went over the the implementation of the New Puerto Rico Energy Policy, the projected increases in the electricity rate, which could reach 10 cents per kilowatt […]
Grupo Guayacán closed its annual fundraising campaign, aimed at supporting the education and training programs offered to entrepreneurs at different stages of business development, raising $105,234.75. Through the month-long Guayacán Giving Day campaign, the organization will boost its endowment fund, which will directly support its programs and activities. This effort has been conducted for three […]
Local startup Abexus Analytics recently published Puerto Rico’s first “Medical Cannabis Market Saturation Index” that offers details on the local areas with potential market saturation of cannabis dispensaries and how such distribution differs with traditional pharmacies throughout the island. “In Puerto Rico the number of dispensaries, total manufacturing capacity and the number of certified patients […]
Food brand Goya kept its title as Puerto Rico’s most recognized and remembered brand according to the results of the annual “Marcas que Marcan” study commissioned by the Puerto Rico Sales and Marketing Association to Gaither International. The familiar brand garnered 24% of the consumer’s recognition and is followed by Nike and Coca-Cola — which […]
The Solar and Energy Storage Association of Puerto Rico warned of the “serious consequences” the proposal by Puerto Rico Electric Power Authority creditors that seeks to impose a charge on people installing solar energy systems at their homes or businesses. The group known as SESA said the charge included in the Restructuring Support Agreement between […]
Restaurant chain Firehouse Subs Puerto Rico announced the opening of its 13th restaurant in Puerto Rico — a 2,000 square-foot location in Ponce. The opening of the new Firehouse Subs store generates 35 direct jobs and entailed a $450,000 investment, company executives confirmed. The new restaurant, located in Reina del Sur Shopping Center, has a […]
The U.S. Small Business Administration is working with the U.S. Department of Homeland Security and the Information Technology Coordinating Council to attract respondents to a confidential cybersecurity survey for small and mid-sized businesses. “Cyber-attacks are a growing concern for small business owners and our economy. The SBA is encouraging entrepreneurs to participate in this survey […]
Tales of the Cocktail Foundation announced that four-day “Tales on Tour” festival will return to Puerto Rico April 19-22 in Old San Juan with Hotel El Convento once again serving as the host hotel. “Tales on Tour” is an annual initiative that partners Tales of the Cocktail Foundation with a domestic or international host city […]
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