Industry and Entrepreneurs

Construction of the UPR's solar house starts

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For the third time, the University of Puerto Rico in Mayaguez will participate in the Solar Decathlon 2007, an inter-university competition in Washington DC where the University of Puerto Rico will present the new solar house designed by its students. The construction of the house that will represent Puerto Rico from October 12 to the 20th in the international competition sponsored by the U.S. Department of Energy started this week. This year the house –an auto-sustainable and energetically autonomous house- is inspired in the cell, the simplest unit of life.

Forum about brands and patents

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The Department of State invites all professionals interested in the knowledge-based economy subject to participate in the first forum about “Brands and Patents: Tools for the Knowledge-based Economy”, to take place on Friday, June 8, 2007, from 8:00 a.m. to 12:00 p.m. at the Government Reception Center (Old Casino). For more information you can call 787-721-8326 or email raponte@estado.gobierno.pr.

Ireland moving ahead of Puerto Rico

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Fifty years ago, Puerto Rico was a model for Ireland. Today, the roles are inverted. Ireland is the star of the European Union, with an income per capita above Germany, France and even the United Kingdom. Ireland has the same population as Puerto Rico and its history, as well as ours, is marked by immigration triggered by the search for opportunities. The big difference is that Puerto Rico’s immigrants are trained educated people while the Irish are returning to their country to benefit from newly created opportunities. NOTE: This is an editorial.

Push for ecological innovation

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The Metropolitan University (UMET) of the Ana G. Méndez System made a call for an open competition, Eco-enterprise- for everyone interested in establishing environmental companies in Puerto Rico. Environmental companies are those that are environmentally friendly or that help solve an environmental problem like pollution, energy conservation and solid waste management, among others. UMET is working on the construction of a website for the competition where the rules will be explained. The deadline to participate is August 30, 2007.

Giving a chance to our "brains"

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Given Puerto Rico’s brain drain, Rock Solid, an application development company wants to stop the exodus and annually it hires a group of newly graduated engineers. Each year, Rock Solid chooses an outstanding student form the engineering program of the University of Puerto Rico in Mayaguez (RUM) and giving him/her a $1500 fellowship to cover tuition for a year. At the same time they offer them the opportunity of a summer internship. Given the close relationship with RUM almost 100% of their employees are graduates form this university.

Three Pilot Plant Roles: Development, Training, and Innovation

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The Commonwealth of Puerto Rico has established the Bioprocess Training and Development Complex (BTDC) under construction in Mayagüez, Puerto Rico as part of an overall development program designed to invest in new biotechnology-oriented assets and educational programs. The three main roles of the BTDC are development, training, and innovation. The BTDC will have research and training wings. Among the facilities available are a mammalian cell culture suite, a bio-analytical development suite, a purification development suite, a microbial culture suite, a small raw material warehouse, a mechanical room for clean utilities, a biohazard waste holding room, lab write-up areas, offices for lab scientists, and a small reference library. The building will also have an amphitheater, administrative offices, a small conference room, a large conference and training room, and a wet lab training room with a 24-person capacity.

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Industrials focused on their role in economy

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With the motto “Industrial, the power is in your hands… exert it!”, the Puerto Rico Industrials Association will emphasize the strategic leadership of the private sector in the promotion of the Island’s economic development, said Edgardo Fábregas, president of the organization. “Facing the challenges of globalization, today more than ever, the industrial community has to take the bull by the horns and lead the way to prosperity”, said the Industrials leader.

Undergraduate students showcase their inventions

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Eighteen undergraduate students of the Polytechnic University of Puerto Rico (PUPR) presented their inventions with commercial potential, as well as companies they have developed during their college years in a fair held recently at the University. Among the 12 exhibitions were a portable back-pack electrical power generator, a hydroponics system that used solar power and a beach cooler/boom box that operates on solar power.

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Restoring Economic Growth in Puerto Rico Conference

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A group of Puerto Rican students from Harvard University and Massachusetts Institute of Technology (MIT) will celebrate the conference “Restoring Economic Growth in Puerto Rico: Proposing Solutions” on April 20-21, 2007. The Harvard-MIT Puerto Rican caucus hopes that the conference will be a starting point for a constructive discussion among Puerto Rican leaders, so together they can help Puerto Rico recover its economic vitality in the shortest time possible and attract talent back to the Island.

Pharmaceutical companies talk to suppliers on how to provide them better services

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During the seminar “How to do business with the pharmaceutical industry”, where many Puerto Rican entrepreneurs with small and medium businesses that supply that industry participated, it was emphasized how business has changed, due to the dramatic changes in the structure of the pharmaceutical industry. The pharmaceutical companies buy $5,000 million in products and services a year. This sector of the economy represents 26% of the national gross product and generates 30,000 direct and 96,000 indirect jobs. The pharmaceutical industry is constantly looking for companies committed to quality and excellence and the goal for supplies should be to make the pharmaceutical company more cost efficient, and provide them quality and innovation.

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