Hidden in a Guaynabo industrial park — and wedged among a department store, an air-conditioning distributor and a manufacturer of industrial equipment — Gustos Coffee Co. runs one of San Juan’s most eclectic coffee shops as well as a roasting plant aimed at satisfying the indulgences of demanding local coffee drinkers
Grupo Guayacán Inc. (GGI) kicked off SPRINGBOARD this weekend, its newest entrepreneurial development offering and the first program in Puerto Rico geared at preparing local start-ups to raise early stage capital in order to grow their ventures, the seed funding firm confirmed.
Oak Leaf Solar X LLC, a Yarotek entity, has installed 2,444 solar panels at Liberty Puerto Rico’s facility in Luquillo, making the provider’s operations more sustainable and “reaffirming the companies’ respective commitments to Puerto Rico and the environment,” the company announced Monday.
In a letter sent to Sen. Orrin Hatch, who chairs the Congressional Task Force on Economic Growth in Puerto Rico, independent advisory firm Consultiva Internacional presented specific recommendations for economic development that focus on the empowerment of local businesses and leveraging Puerto Rico’s competitiveness in key industries.
HackPR, a nonprofit comprised of students and young professionals promoting the development of technical skills through unconventional teaching methods, will host its 6th annual “hackathon” Sept. 24-25, expected to draw students to work on ideas and projects.
LARES — One of Puerto Rico’s most prominent coffee-growing families is pouring $15.5 million into a complex that includes Hotel Hacienda Lealtad — a five-star boutique mountain resort aimed at wealthy tourists with a passion for gourmet coffee.
The U.S. Small Business Administration Puerto Rico office and the humanitarian organization Nuestra Familia LGBTT Puerto Rico have entered into a strategic alliance to foster small business creation in the lesbian, gay, bisexual and transgender (LGBTT) community on the island.
The Puerto Rico Builders Association unveiled Thursday its proposal for economic development that focuses on strengthening private enterprise as an axis of local production and empowering the third sector to develop communities.
New Jersey-based P3 Group, an international consulting, management and engineering services company, announced Thursday the opening of a new office in Puerto Rico to serve the growing device testing, performance assessment and network optimization needs of U.S. and global wireless carriers, device manufacturers and infrastructure providers.
Popular Community Bank, a subsidiary of Popular Inc. announced Thursday the opening of a new retail branch in Aventura, Florida, the first high-tech branch unveiled in the area, bank officials said.
The McConnell Valdés Pro Bono Program is marking a decade of continuous contribution to the development and strengthening of the nonprofit sector in Puerto Rico, to which it has granted more than 10,600 hours in free legal services — or more than $2 million — to some 300 organizations on the island.
Oriental Bank recently granted three credit facilities totaling $1.5 million to Olein Refinery, which it will use to convert power generation at its Cristal products manufacturing plant and oil recycling operation into an environmentally friendly system.
Puerto Rico will be represented for the first time at the Havana International Fair, slated to take place on the neighboring island nation Oct. 31-Nov. 4, as a result of a effort between the Development and Commerce, the Puerto Rico Trade and Export Company and the private sector, it was announced Thursday.
Looking to promote local economic development and job creation, Puerto Rican company Restaurant Operators Inc., announced it is looking to fill 200 slots at its fifth Olive Garden restaurant expected to open in early 2017 at the Plaza Las Américas mall in Hato Rey.
Earlier this month, the El San Juan Hotel & Casino — an icon of the bustling Isla Verde tourism strip — closed temporarily as it undergoes a $60 million top-to-bottom redesign of virtually all public areas and guestrooms to attract a new type of client seeking a luxury lifestyle, as well as group business.
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