San Juan-based startup accelerator Parallel18 announced Wednesday the signing of a pair of collaborative agreements — with the Puerto Rico International Banks Association and the Builders Association to create opportunities for up-and-coming businesses.
Given the challenges and opportunities that new business models provide in the global tourism industry, Parallel 18 (P18) and the Puerto Rico Hotel and Tourism Association (PRHTA) have established a collaboration agreement that will benefit startups that participate in the business accelerator and the members of the hotel association.
The Puerto Rico Science and Technology and Research Trust on Monday expressed its support of the amendments agreed to related to House Bill 1122, saying they include the input of the entity’s trustees and support its mission.