Aerostar Airport Holdings, LCC and Puma recently signed an agreement through which the fuel company will build a $10 million storage and distribution facility at the Luis Muñoz Marín International Airport to supply airlines operating at the Carolina hub.
Puerto Rico’s contractors, developers and representatives from the Housing Finance Authority will pursue some $400 million in federal credits available to build rental properties on the island.
Plaza Las Américas and MasterCard announced Monday the four finalists chosen for the last leg of the “Journey to Business Success” initiative that will offer the winner a chance to establish a freestanding cart at the mall, free for six months, and receive a $10,000 debit card.
Procter & Gamble recently split $60,000 in grant funding from its social assistance program, the P&G Fund, among four Puerto Rico nonprofits, for programs that contribute to the wellbeing of local families.
The Puerto Rico Convention Center is marking the yearlong celebration of its 10th anniversary by unveiling a new logo during a recent event at the facility.
The U.S. Small Business Administration is looking to expand its reach and scope among Puerto Rico’s entrepreneurial community this fiscal year, by spreading the word on a number of long-standing initiatives that should result in increased lending activity.
Puerto Rican manufacturer Bettina Cosmetics announced a $2 million investment in improvements, machinery and equipment as part of its agreement with the Puerto Rico Industrial Development Company to move into new facilities in Dorado.
As part of a sweeping inter-agency effort, and backed by Code for America, government officials announced this weekend the birth of PrimerPeso.com, an online platform that aims to give start-ups and established small businesses in Puerto Rico the tools needed to access financing to launch or expand their operations.
The Puerto Rico Community Foundation recently launched the Community Investment Fund to attract public and private investors into an instrument whose purpose is to provide access to capital to nonprofit organizations.
Salud Social, a technology startup founded in San Juan this year specializing in online medical care scheduling service, recently announced that it has received its initial round of funding from Ausubo Ventures, a Puerto Rico-based Angel Investment Group, to launch its first international marketing campaign in December 2014.
Gov. Alejandro García-Padilla accompanied Aerostar Airport Holdings officials Thursday for the inauguration of the Luis Muñoz Marín International Airport’s Terminal B, after the completion of a yearlong, $130 million renovation.
Janssen Pharmaceutical launched the Bridge to Employment (BTE) Program for 57 sophomores in Manatí and Gurabo, as part of its Early Talent Strategy to engage millennials with the life sciences manufacturing sector.
AT&T on Thursday granted Aspira Puerto Rico nearly $200,000 to help it continue its mission of improving the quality of life and enhancing socio-economic development through holistic education and leadership development in Puerto Rico.
FirstBank recently recognized six nonprofit organizations for their commitment and services to communities, individuals and disadvantaged groups, during the celebration of the International Day of Philanthropy, presenting them with the “Uno con Puerto Rico” award.
T-Mobile Puerto Rico is ending a very active 2014, during which it set out to break industry rules by launching a slew of offers — including doing away with annual contracts and unleashing unlimited data for smartphones and tablets.
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