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As part of the Clinton Global Initiative (CGI) Action Network on Post-Disaster Recovery meeting, President Bill Clinton recognized Foundation for Puerto Rico's work for small businesses by providing capital and mentoring after Hurricane María.

During the event, FPR committed to expanding the Bottom Up Destination Recovery Initiative to 24 communities in the next three years, which will result in an investment of $7 million in infrastructure, including solar energy systems, water tanks and filters, and satellite communication systems. Likewise, this commitment will benefit small entrepreneurs and businesses with $1.2 million to further support them with cash incentives.

The goal is to support an additional 300 small businesses, create 72 new businesses and generate 1,116 jobs.
 
“Foundation for Puerto Rico is committed to the social and economic development of our communities through the Bottom Up Destination Recovery Initiative. We are extremely grateful to the Clinton Foundation for recognizing the importance of this program and the impact it will have on Puerto Rico”, emphasized Annie Mayol, president and COO of Foundation for Puerto Rico.

For his part, President Bill Clinton said “it’s very interesting that Puerto Rico is doing something that the larger United States is still failing to do, which is to make a serious commitment in a structured way to bring the same economic opportunities to small towns and rural areas that urban areas naturally generate.”

This effort is in partnership with local non-profits Centro para Emprendedores, Grupo Guayacán, Kiva and Fundación Banco Popular, among others.
The U.S. Chamber of Commerce Foundation selected Foundation for Puerto Rico’s president and COO, Annie Mayol, to address the 7th Annual Building Resilience through Private-Public Partnerships Conference in Washington, D.C. Mayol was the only representative from Puerto Rico invited to speak at the conference, which featured key public and private sector leaders from throughout the United States, including U.S. Secretary of Homeland Security, Kirstjen Nielsen, FEMA Administrator, Brock Long, and Siemens USA CEO, Barbara Humpton, among others. 

“We are proud that Foundation for Puerto Rico’s key post-María recovery projects, the Small Business Cash Grants Program and the Bottom Up Destination Recovery Initiative, have allowed businesses and communities across the island with the highest impact on tourism to Puerto Rico to bounce back and become more resilient in a self-sustaining way,” said Mayol.

To watch Annie Mayol's interview in CNN Español, click here.
FPR, in collaboration with the Coliseo de Puerto Rico and renowned Puerto Rican designer Stella Nolasco, celebrated the event, Stellar Auction, to raise funds to expand our initiatives. As part of the evening, we held a silent auction of six of the dresses that the designer presented in the latest edition of New York Fashion Week. Likewise, a seventh dress was raffled among the attendees.

The collection, which the designer refers to as “the most important of her career and the most valuable”, was presented after the passage of Hurricane María. The show achieved international media coverage for its criticism of the treatment of the island after the emergency.

To see pictures from that night, click here.
We’re grateful to the sponsors who made possible such a wonderful evening. Thank you Coliseo de Puerto Rico, Stella Nolasco, Don Q, Chivas, Absolut, Cervecera de Puerto Rico, PFA Production Services, Wichie Sound Production, and El Nuevo Día.
FPR celebrated its Third Annual Golf Tournament on August 3, 2018 at the St. Regis Bahía Beach Resort & Golf Club. This year we dedicated the tournament to Jorge and Laura Posada because of their recovery work after Hurricane María, specifically in the community of Villa Calma in Toa Baja. Former Yankees player Tino Martinez and Puerto Rican basketball stars Jose Juan Barea and Carlos Arroyo also participated in the golf tournament. 

During the event, FPR received an additional $10,000 donation from Jorge and Laura, who have now contributed more than half a million dollars thanks to many collaborators.

It was a special day with memorable moments. Especially when the community leader of Villa Calma II and her son, María and Luis Manuel, gave the Posada Family a handmade recognition for having helped deliver furniture to their neighborhood.
Thank you to our amazing sponsors and Steering Committee! To watch the photos from the tournament, click here.
It's time for our next challenge! Who can take the best picture of their favorite waterfall in Puerto Rico? To participate, upload your photo by clicking here.
The challenge starts on August 14, 2018, and concludes September 14, 2018. The winner will get a unique experience from Gustazos. Please read the rules and conditions before participating.
Our FPR field team has been very active with projects in Orocovis and Punta Santiago.
 
Second Destination Plan Meeting in Orocovis

On July 26, we had our second meeting with the stakeholders in Orocovis to continue developing the Destination Plan aimed to strengthen their long-term recovery and economic growth. Through a series of discussions and collaborative exercises, we established a vision and concrete goals extending to 2020 that will help these key actors achieve it. The next meeting will take place on August 23.
FPR and volunteers together beautify Punta Santiago

During the Festival de la Lancha Planúa, Foundation for Puerto Rico brought together the Taller de Luiyi and the community of Punta Santiago to work on a participatory mural where the culture and tradition of the sandpipers were expressed.

Meanwhile, the FPR field team held a multi-sectoral meeting with various organizations. Among them, Project Monkey Island, US Forest Services, Para La Naturaleza, DRNA, Protectores de Cuenca and National Resource Conservation Service, about the restoration and conservation plan for Cayo Santiago, an important asset for the community and Puerto Rico. 

In addition, in collaboration with the student chapter ENACTUS UPR-RP, the FPR field team took water samples from the restaurants and natural resources of Punta Santiago. In order to discard contaminants and bacteria, the FPR field team is constantly organizing educational workshops for the community. 

Calling all entrepreneurs!

Don’t miss the chance to acquire the motivation and necessary tools to develop your business idea. Also, you’ll participate in the opportunity to obtain additional technical assistance and seed funding. There will be conferences and lessons about entrepreneurship, as well as raffles and many surprises.

The admission is free and lunch is included.

An Innovation Conference & Technology Hackathon

Join travel, tourism and hospitality regional stakeholders to discuss future trends and emerging technologies for the Visitor Economy. Collaborate in the first destination hackathon in the Caribbean! To become a sponsor, please email us at sponsor@destinohack.com. More details coming soon.

Our director of Research and Analytics, Arnaldo Cruz, was recently selected as the new president of the board of directors of the Puerto Rico Institute of Statistics. It’s an honor to have Arnaldo as an integral part of our team and we're looking forward to more of his exemplary work with the integrity and transparency that characterizes him.
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Foundation for Puerto Rico seeks to unleash the island's full potential as an active participant in the world economy with sustainable programs that drive social and economic development. From knowledge to action, our goal is to transform Puerto Rico into a destination for the world. We want more people to visit, live, work and invest in Puerto Rico, resulting in multimillion economic growth for the island.

Foundation for Puerto Rico is a 501(c)(3) public charity since 2011. 
Copyright © 2018 Foundation for Puerto Rico, All rights reserved.


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