The Northeastern Technological Initiative, known as INTENE, is looking to establish a marketing identity for the 10-town region it represents through the recent launch of the “Name the eastern tourism region” campaign. The effort is one component of a multi-pronged plan the nonprofit group has to boost economic activity along the island’s northeastern flanks.
Nearly three months after announcing the approval of a $3.5 million loan to facilitate the construction of a new boutique hotel in Vieques, Economic Development Bank officials participated Monday in the groundbreaking for what in December 2012 should become the El Blok boutique hotel.
The Economic Development Bank announced Sunday the approval of $7.2 million in loans — and a $1 million revolving credit facility — to help a trio of local businesses develop and keep their businesses going.