SBA looks to expand its role as facilitator in Puerto Rico
November 24, 2014
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.
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Bettina Cosmetics invests $2M in new plant in Dorado
November 24, 2014
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.
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PrimerPeso.com gives start-ups tech tools to grow
November 24, 2014
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.
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PR Community Foundation launches $500K fund
November 24, 2014
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.
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Salud Social secures funding from Ausubo Ventures
November 24, 2014
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.
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Gov’t, airport officials unveil LMM’s new $130M terminal
November 21, 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.
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Janssen launches ‘Bridge to Employment’ program
November 21, 2014
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.
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AT&T gives nearly $200K to Aspira Puerto Rico
November 21, 2014
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.
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FirstBank marks ‘Int’l Day of Philanthropy’ locally
November 21, 2014
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.
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T-Mobile Puerto Rico is among ‘most profitable’ units
November 20, 2014
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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Tax Credits Int’l sets up Puerto Rico headquarters
November 20, 2014
Tax Credits International Inc. announced Wednesday the establishment of its world headquarters in Humacao, on Puerto Rico’s eastern end.
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Broadband adoption up across island, but gaps remain
November 19, 2014
Home broadband adoption in Puerto Rico increased by 15 percentage points between 2010 and 2014, surging from 31 percent to 46 percent of adults using the service, according to Connect Puerto Rico’s 2014 broadband survey results released Tuesday.
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Claro wraps up ’14 with $100M in capital upgrades
November 19, 2014
Telecommunications provider Claro de Puerto Rico will wrap up 2014 with a total of $100 million in capital investments in its fiber optic network, mobile infrastructure and application development — among other improvements — to be able to offer customers “the best cutting-edge technology” available, company President Enrique Ortiz de Montellano said Tuesday.
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New stores opening at Plaza Las Américas for Christmas
November 19, 2014
The Plaza Las Américas shopping center in Hato Rey is gearing up to welcome a handful of new tenants slated to open new stores in time for the Christmas season.
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7 eco-friendly nonprofits split $100K from Toyota
November 19, 2014
Looking to further its commitment to contributing to Puerto Rico’s quality of life, the Toyota Foundation announced Tuesday the winners of its environmental grants program, which this year distributed $100,000 among seven nonprofits working on eco-friendly initiatives.
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