The Puerto Rico Science, Technology and Research Trust will be putting up to $1.4 million in grants to help scientists complete federal grant funding applications and to attract new talent to local universities, Interim Executive Director Iván Ríos-Mena said Wednesday.
The recent call by the Puerto Rico Science, Technology and Research Trust, for local researchers to opt for grants in various areas generated “great enthusiasm” among scientists and researchers from the island, to the point that 234 letters of intent received exceeded the projected amount the entity expected to receive by 200 percent.
Investments made in Puerto Rico by companies performing research and development activities totaled $449.3 million in Fiscal 2013, up 3.3 percent in comparison to the total reported in 2009, the Puerto Rico Statistics Institute revealed.