You are currently browsing the monthly archive for June 2010.
FOR IMMEDIATE RELEASE
Public Relations Department
866-576-5222, ext. 4
The National Puerto Rican Chamber of Commerce Launches new Website
Providing tangible resources for minority small business to enhance economic development.
June 18, 2010, Washington, D.C. – The National Puerto Rican Chamber of Commerce, Inc., located in Washington, D.C., officially released its website to the public today. The non-profit organization was incorporated in Washington, D.C. with a mission to „support the development of entrepreneurship and innovation for Puerto Ricans, Hispanics, and other minorities throughout Puerto Rico and the U.S. mainland by providing a comprehensive resource for incubating and growing business ideas as well as representing the interests of those businesses in [the] national government.‰
Amidst growing unemployment, especially within minority communities, The National Puerto Rican Chamber of Commerce intends to promote economic prosperity by implementing programs designed to assist in the development of small businesses and grow existing enterprises. According to the U.S. Bureau of Labor Statistics, unemployment for minorities in the U.S. currently stands above 15% compared to an estimated 9.5% for the entire U.S. Puerto Rico‚s unemployment rate has reached a staggering 18%.
Programs expanding grant opportunities, microlending, and small business advice and advocacy will promote the mission of advancing economic freedom, a strategy which supports policy initiatives surrounding pro-entrepreneurial objectives. By advocating for small business financing opportunities, as well as other policies surrounding energy, healthcare, and education, the organization will improve community standards and the economic standing of minorities.
The National Puerto Rican Chamber of CommerceŒs mission has already gained the attention of community and business leaders, policy advocates, and local and federal officials across the country by presenting ideas for microeconomic development that incorporates grassroots and independent donor initiatives.
Please support the Chamber‚s efforts and make a donation at www.NPRChamber.org/Donate or contact the Chamber‚s Public Relations Department at 866-572-5222, ext. 4 / Email: PublicRelations@NPRChamber.org.
Another bill is being touted, this time by Sen. Joe Lieberman, which could potentially harm your business if passed. The Protecting Cyberspace as a National Asset Act would give the president “absolute power” to shut down the entire Internet in the case of a “national emergency.”
What brings cause for concern is the idea that the national government could shut down online speech or business activity under the auspice of whatever they define as a “national security” issue. Even more concerning is that the President, who has already expressed his interest in controlling online information and has even said that there is “too much information” available, may abuse this power and inhibit economic activity. Read the rest of this entry »
Posted June 11th, 2010 by Rafael Fantauzzi of The National Puerto Rican Coalition
Yesterday afternoon Mayor Bloomberg opened the doors once again of Gracie Mansion to kick start the festivities around the largest parade in the nation, the National Puerto Rican Day Parade.
The Puerto Rican communities on the mainland and the one on Island have learned to set their differences aside, at least for a week, in order to celebrate our cultural pride and honor our leaders in front of a national audience.
To me, the parade is the largest Hispanic political power expression. The growth of the Hispanic community will continue to be a catalyst for change. In the year of the Census, we cannot forget the fact that even though Puerto Ricans have to catalog ourselves as Latino/Hispanic of Puerto Rican descent, Puerto Ricans are a beautiful "sofrito" mix of European, Black, and native Taino. It is this composition that folks on the mainland, especially members of the Congressional Black Caucus (CBC) forget.
Last March, the Parade took a bold move and decided to exercise its political power by saying YOU ARE NOT WELCOMED to DIAGEO (parent company of Johnny Walker and Captain Morgan). Diageo has decided to leave Puerto Rico and move its Captain Morgan operations to the US Visrgin Islands. This move will impact the federal funds that Puerto Rico receives to help support infrastructure, health and human services, and land preservation.
The Diageo/USVI deal has been extremely controversial and even corrupt in essence. Congress by ommision is allowing almost $2.7 billion to be given to Diageo and all in exchange for only 40-70 jobs. Both side of the political spectrum, not the Governor of the USVI, will have to explain to the American tax payer why they are allowing all this money to be given to a foreign owned company versus the American people that need it.
If you happen to be in NYC this Sunday, be sure to stop by and see the most colorful, prideful, and exciting parade of the year! The 53rd annual Puerto Rican Day Parade is sure to entertain. http://www.manhattanstyle.com/events/53rd-annual-puerto-rican-day-parade-on-sunday-june-13-2010/
Lower taxes may help Puerto Rico recover a competitive advantage it lost when federal tax incentives expired, and thus, attract manufacturers. Fortuno said he was pinning hope on the defense industry for creating jobs in Puerto Rico and planning eight public-private partnerships to improve energy use and infrastructure on the island. He also said he would make up for some of the revenue lost to tax cuts by enforcing tax collection more rigorously.