The Post-COVID Economic Outlook and Recovery of Puerto Rico – Better than Expected
April 8, 2021 On April 6th, 2021, FPR hosted its third event in our Fast Forward Puerto Rico discussion series, an event that brings together influential leaders who are rebuilding the future of Puerto Rico. For the third installment of the series, we sat down with Natalie Jaresko, Executive Director of the Financial Oversight and […]
FPR donates solar equipment to nonprofit organizations in Puerto Rico
April 7, 2021 As part of the efforts to promote resilience in communities around the island, Foundation for Puerto Rico (FPR), through our Bottom Up Destination Recovery Initiative (Bottom Up) program, will deliver solar photovoltaic equipment to 11 non-profit organizations. The beneficiary entities are based in the regions that the Bottom Up has impacted over […]
FPR enables the reopening of the Camuy River Cave Park
March 24, 2021 In Foundation for Puerto Rico (FPR), we delivered on our commitment to revitalize and strengthen the island’s tourism assets to drive sustainable development through the Bottom Up Destination Recovery Initiative (Bottom Up) program. Thanks to a $125,000 donation, and in collaboration with the National Parks Agency and the Puerto Rico Tourism Company, […]
A non-traditional approach to disaster recovery through economic resilience
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March 23, 2021 Traditionally, the recovery models after a disaster are focused on infrastructure, restoration and other elements of housing. However, economic resilience is often overlooked after a natural or man-made catastrophe. According to EDA, “economic resilience becomes inclusive of three primary attributes: the ability to recover quickly from a shock, the ability to withstand […]
How the ABCD model is helping communities in Puerto Rico
March 17, 2021 More than 25 years ago, in Northwestern’s Institute for Policy Research, John McKnight decided to take a different route when looking to improve disadvantaged communities. He realized the people within the communities where better equipped to identify what was best for their own development. That is how the asset-based community development (ABCD) […]
Ten years of milestones and impact
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FPR was founded in 2011 with a belief that Puerto Rico’s socioeconomic transformation must be driven by audacious thinking that challenges the status quo. With our tenth anniversary just around the corner, let’s take this opportunity to walk down memory lane, remembering some of our proudest highlights and milestones, rooted in our strategic pillars of visitor economy, strategic innovation, and resilience.
Get to know Foundation for Puerto Rico
March 9, 2021 It’s been 10 years since Jon Borschow decided to establish Foundation for Puerto Rico to seek innovative solutions to the socioeconomic problems facing the island after the expiration of Section 936 incentives. A decade later, we continue to work towards our mission of transforming Puerto Rico into a thriving and sustainable economy. […]
FPR launches Center for Strategic Innovation under leadership of Alexandra Lúgaro
February 23, 2021 Today we took an important step in our mission to transform Puerto Rico into a thriving and sustainable economy with the launch of our Center for Strategic Innovation. Rooted in FPR’s legacy of driving development strategies at scale through collaboration, the Center seeks to achieve transformative change in Puerto Rico and the […]
Exclusive discussion with Biden Administration delivers key insights in agenda for Puerto Rico
February 19, 2021 Puerto Rico is at an important point of transition after three major disasters in three years and more than a decade of economic decline. Through multi-sectorial efforts, we can take deliberate and forceful steps to change the direction of Puerto Rico’s economic development agenda to promote economic growth and recovery, with an […]
Sixteen entrepreneurs in Emprende360 turn their business idea into a reality
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February 19, 2021 Through our Emprende 360° program, 16 aspiring entrepreneurs completed the business education curriculum to transform their business idea into reality. After a 12-month process with leading organizations in the entrepreneurial ecosystem, the cohort developed 11 business ideas for the Coamo and Ponce region and was awarded $2K in seed capital to jump-start […]