Puerto Rico’s restaurant industry saw a 68.2% drop in sales between April and January 2020, when activity plummeted to $50 million from $157 million, “Proyecciones 2021,” a study commissioned by the Puerto Rico Restaurants Association (ASORE, in Spanish) showed. During those months, the island’s government established a series of restrictions, including an almost full lockdown, […]
Less than a week after announcing it, the Department of Economic Development and Commerce has postponed plans to host a job fair in collaboration with the Puerto Rico Restaurants Association to fill 3,000 sector jobs. The event has been pushed back indefinitely in response to the uptick in COVID-19 cases in Puerto Rico, and the […]
The U.S. Small Business Administration announced details on application requirements, eligibility, and a program guide for the $28.6 billion Restaurant Revitalization Fund (RFF), which seeks to help bring back jobs and revive one of the hardest-hit economic sectors since the start of the COVID-19 pandemic. The SBA will administer the funds to the most affected […]
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