Forty-four Puerto Rican entrepreneurs will receive more than $500,000 in crowdfunding and grants to jumpstart their businesses as a result of their participation in Hit3001.com, a 12-episode reality TV program turning up-and-coming business leaders into hits.
Reliable Auto held its 12th annual golf tournament, raising $258,000 that were donated by the Reliable Foundation to 16 Puerto Rico nonprofit organizations that work with children, homeless people and pressing social needs.
Christie’s International Real Estate has included Puerto Rico’s high-end real estate market in the third edition of its annual research that examines the world’s top cities for prime property. This is the first time the island is featured.
Following an announcement by the U.S. Department of Agriculture Secretary Tom Vilsack in May, the Commodity Credit Corporation announced that all 50 states, Puerto Rico and Washington, D.C. may apply for up to $100 million in grants under the Biofuels Infrastructure Partnership.
The Community Investment Fund, launched last November with an initial $500,000 contribution from its founder, the Puerto Rico Community Foundation, has more than doubled its capital base to $1.1 million in investments from the private sector, the nonprofit announced Thursday.
Viandharina, a new agro-industrial company based in Salinas, has opened for business in the south following a $1.6 million investment in a plant that seeks to substitute imports of several Puerto Rican food staples, including sweet and green plantain and breadfruit “tostones.”
Although the island’s economy is facing one of its most difficult moments, it is still possible to weather the storm with proper financial planning, executives from Banco Popular’s securities and insurance divisions said Thursday.
During its first year as a new player in Puerto Rico’s casual-dining segment, Olive Garden in Bayamón has reportedly generated sales of more than $8 million, franchisee Restaurant Operators Inc. said Thursday.
Plaza Del Caribe, MasterCard, the Puerto Rico Economic Development Bank, the Puerto Rico Trade and Export Company, and the Chamber of Commerce of the South are joining forces to launch business competition “Travesía al Éxito Empresarial” in search of new entrepreneurs in the island's southern region.
Virtual reality, creative technologies, three-dimensional animation, game technology, real-time animation, innovation and vision are some of the elements that will be available at Sacred Heart University’s new Studio for Creative Technologies, which will open in August, school officials announced Thursday.
Just a few months after its Mar. 26 grand opening in Puerto Rico, The Mall of San Juan has introduced eight new stores, the majority of which are exclusive to the market.
Expedia Inc., in partnership with Airlines Reporting Corporation and other organizations, released the findings of a study on air travel trends that concluded, among other things, that travelers to San Juan — from North America and Europe — will save an average of 18 percent, up to $484, on their trips booked between June and September 2015.
Caribbean Trading Co., a souvenir and specialty gift shop in Río Grande, announced Tuesday it has received a TripAdvisor Certificate of Excellence award.
The Senate approved Monday Bill 1256, which proposes overhauling energy subsidies and obliges the government to pay its debts to the Puerto Rico Electric Power Authority.
Is our current political status limiting our economic potential? That was the controversial question that was asked during last year’s ALPFA Puerto Rico’s marquee event, when a panel of five senior executives from the corporate, nonprofit and entrepreneurial sectors answered questions about our island’s most pressing problem: How to stop the infamous “brain drain.” It […]
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