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Seed capital to local enterprises
By Ferraiuoli LLC
Twelve local enterprises were awarded US$246,500 in seed capital as a result of their participation in the sixteenth edition of the EnterPRize business competition organized by Grupo Guayacán.TerraFirma, which develops technology to measure and mitigate the impact of climate change on the island, became the top winner, earning two important awards that add up to US$50,000 in seed capital: the first place in Guayacán’s competition, which grants US$25,000, as well as the special US$25,000 award for Innovation & Technology, sponsored by Ferraiuoli LLC, Assurant, Liberty Puerto Rico and Titín Foundation.
“We’re celebrating 25 years of Guayacán by awarding almost a quarter million dollars in seed capital to local entrepreneurs who lead important projects that will boost the island’s economic development, said Laura Cantero, Grupo Guayacán’s executive director.
“We’re proud that our organization’s growth is both a cause and an effect of the development of our business sector. The mission that led to the founding of Guayacán was to provide local entrepreneurs with tools that would help them contribute to Puerto Rico. The support from our collaborators and alumni allows us to continue upholding that commitment,” she added.
Source: News is my Business
Ferraiuoli LLC
Ferraiuoli LLC (FLLC) was founded in 2003 by the late Blas Ferraiuoli-Martínez, Eugenio Torres-Oyola and María Marchand-Sánchez. This group was then joined in 2004 by Fernando J. Rovira-Rullán, thus forming the founding core of FLLC. FLLC has grown exponentially since its founding from a law firm with three attorneys and a support staff of three to its current size of 54 attorneys with a support staff of 38. Also, FLLC has grown from initially being known as an intellectual property and corporate law boutique law firm to a multiservice law firm that handles most matters relevant to a business while continuing to earn praise for its leading intellectual property and corporate practices.
FLLC has been ranked as a leading law firm in Puerto Rico by the professional publication Chambers Latin America in intellectual property, corporate, bankruptcy, labor & employment, real estate, and tax law. Moreover, 17 FLLC partners have been ranked as leaders in their field by the same publication. 4 FLLC partners are ranked as leaders in Intellectual Property, no other firm has more than 2. This recognition in such a short period of time is a tribute to FLLC’s business model.
FLLC prides itself in doing its work faster and more cost-efficiently yet with the same quality as that of its main competitors. The founding name partners are available at all times to attend to client matters. Their work ethic sets the tone for the rest of the firm. FLLC’s founders’ goal has been steady from the outset: become one of the premier multiservice law firms in Puerto Rico.