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Business

SBA launches $1 million Patriot Pitch competition for U.S. entrepreneurs

The U.S. Small Business Administration (SBA) announced the launch of the Patriot Pitch Competition, a national initiative designed to celebrate 250 years of free enterprise in the United States while spotlighting small businesses driving innovation, job creation and economic growth. The competition, part of the Freedom 250 initiative, will award a total of $1 million […]

Francisco Rodríguez-Burns
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Crypto

Crypto Clarity Bill clears hurdle in Senate Banking Committee

With a 15 to 9 vote, the Digital Assets Market Clarity Act or Clarity Act cleared the markup session vote at the Senate Banking Committee and is now headed to the full Senate.  While the primary fight between the banking industry and crypto sector was around what type of rewards can crypto exchange platforms offer […]

Maria Soledad
LUMA Proposes Credits for Housing Developers to Offset New Engineering Standards Costs
Energy & Oil

LUMA Proposes Credits for Housing Developers to Offset New Engineering Standards Costs

LUMA Energy is proposing a credit program aimed at helping residential housing developers offset potential increases in construction costs tied to updated engineering standards required by the company, according to information reported by Metro Puerto Rico. Reinaldo Baretty Huertas, LUMA’s director of engineering standards, said the proposed credits would be tied to a project’s contribution […]

Caribbean Business Staff