The sixth edition of the “Caguas Compite” business training program — an incubator and mentorship project for micro-entrepreneurs — closed with a total of 51 people trained, 12 businesses in operation, about 20 new jobs and $1.2 million in projected sales in the first year.
Parallel18, the global business accelerator that has been operating since 2015 as part of the Puerto Rico Science, Technology and Research Trust, released a study confirming that the 60 companies participating of the first two editions of its program generated more than $13.9 million in sales.
Linda McMahon, the head of the U.S. Small Business Administration will be visiting Puerto Rico this week as part of the agency’s “SBA Ignite Tour.”