Sign up acceleration Program Parallel18 Until January 29

What is the Parallel18 Program?

Parallel18 is an economic development initiative that attracts early stage, high-impact startups that can scale from Puerto Rico to global communities, beyond the island, including Mainland US, Latin America, and Europe. The goal of the program is to position Puerto Rico’s as a unique gateway to scale globally. We have the support of the Puerto Rico Science and Technology Trust, the Department of Economic Development and Commerce and the Puerto Rico Industrial Development Company.

 

A new paradigm
in paradise

For over 60 years, Puerto Rico has played a key role in global Pharmaceutical and IT companies supply chain for its highly-skilled population and attractive tax structure under U.S. laws. But the economy has evolved and the Island has what it takes to become a powerful platform for startups. Parallel18 harnesses those advantages that attracts big companies, to help startups scale globally.

 

What we offer Equity free funding

Equity free funding (US $40K) to help your company grow and get to the next level. Alumni may also qualify for a Follow-on fund from Puerto Rico Science Trust that matches capital raised (up to US $75K).

A place to call home

Co-working space in a vibrant urban environment with super-fast internet and a few blocks from the beach. The neighborhood offers affordable housing, restaurants and easy access to public transportation.

Connections to take you further

A complete support acceleration program, with high-level resources and access to a global network. We make sure you have access to the right people to maximize your startup's potential.

Soft-landing

Facilitated soft-landing under U.S. legal system. We work with a team of professionals experienced in bilingual and multicultural companies that can guide you through the process of setting up in the U.S.

 

For more information click on this link