Parallel 18 alum HOKALI to open operations in Puerto Rico by December
September 13, 2021
HOKALI — an application that helps schedule classes with sports teachers — one of startup accelerator parallel18’s successful projects, will expand services to the island by mid-December with its surfing lessons to beach areas like Rincón and downtown San Juan. The app currently is dedicated to surfing, but the expectation is to add kite surfing, […]
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Science Trust, parallel18 partner with Mastercard to support startups
September 6, 2021
As part of the resources provided to emerging companies and startups, the Puerto Rico Science, Technology and Research Trust and parallel18, along with Mastercard, signed a collaborative agreement that will benefit businesses that are participating in the international accelerator programs based in Puerto Rico. With this strategic agreement, startups will have the opportunity to get technical support […]
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Parallel18 launches Talent App for freelancers, students, and professionals
August 18, 2021
As part of its efforts to promote economic and technological development and employment on the island, parallel18 is launching the Talent App, a tool for students, freelancers and professionals to submit their information and upload their resume to a talent database that will be available to more than 300 companies that belong to the accelerator programs. […]
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9th generation of P18 program picks 40 startups, 57% are from Puerto Rico
July 7, 2021
Parallel18’s international acceleration program for startups, P18, announced the selection of the 40 companies that will be part of its ninth generation, headed by businesses established in Puerto Rico. The initiative, part of the Puerto Rico Science, Technology and Research Trust, offers entrepreneurs from around the world, access to high-quality business education, financing, and networking […]
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Google for Startup: Sales Academy Latam picks 3 parallel18 alumni startups
May 11, 2021
Tasty Smart and Silabuz, P18 alumni, and Pryze, a pre18 alumnus, both acceleration and pre-acceleration programs from parallel18, were accepted into the Google for Startups: Sales Academy Latam program. This is the first time the program will be executed for Google’s partner network in Latam and only 17 companies were selected, parallel18 officials confirmed. The […]
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Parallel18 open calls for 9th cohort for int’l accelerator program
April 6, 2021
Parallel18, a Puerto Rico Science, Technology, and Research Trust program, is now accepting applications for the ninth cohort of its international acceleration curriculum, P18. The San Juan-based accelerator is “actively looking for innovative companies with a global vision and with enough traction to scale operations.” Businesses that fit that profile will have until May 10th at midnight […]
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Parallel18 marks 5th anniversary as it releases its 2020 Impact Report
December 18, 2020
The Parallel18 startup acceleration program is marking its fifth anniversary with a rundown of its achievements so far, which include receiving 4,340 applications, graduating 211 companies of which 35% are from Puerto Rico and seeking 85% of them survive despite trying economic times. During a presentation, Parallel18 officials said $1.3 million were distributed in grants […]
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Parallel18 launches digital tool to spark global investment, business opportunities
December 8, 2020
As a direct response to the COVID-19 pandemic, parallel18, the international startup program based in Puerto Rico, launched a digital tool that connects its participant and graduate companies with investors and corporate partners from all over the world. The Startup Directory is an initiative through which the Puerto Rico Science, Technology and Research Trust’s program aims to […]
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39 startups receive investment from parallel18’s Business Continuity Fund
October 28, 2020
As part of its mission to support innovative entrepreneurship and impact Puerto Rico’s economy, parallel18 — along with its parent organization, the Puerto Rico Science, Technology and Research Trust — announced the 39 startups that will benefit from its $1 million Business Continuity Fund. The BCF is an investment vehicle created to help graduated companies from the program […]
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13 Puerto Rican start-ups take part in parallel18’s Gen. 8 cohort
October 5, 2020
Start-up accelerator parallel18 conducted its traditional DemoDay with a generation composed entirely of Puerto Rican companies that presented their business proposals and their achievements through the Zoom virtual platform. This is the first generation whose curriculum was entirely virtual because of the COVID-19 pandemic, the nonprofit confirmed. This cohort’s roster of participants includes: Raincoat, an […]
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CTA names parallel18 graduate re: 3D as ‘Company of the Year’
September 30, 2020
The Consumer Technology Association (CTA), a trade association representing the United States consumer technology industry, announced the new group of honorees in its 2020 Consumer Technology Hall of Fame, naming parallel18 graduate, re: 3D Inc., as “Company of the Year” for 2020. The association celebrates leaders in the technology industry who advance innovation and develop, […]
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42 Puerto Rican startups set to kick off pre18’s 3rd cohort
September 14, 2020
After an eight-week open call and a comprehensive evaluation process, parallel18 has announced that 42 Puerto Rican startups will participate in the third installment of its pre-acceleration program, pre18, starting Nov. 9th. The business curriculum operates under parallel18’s wing, an international startup entity that supports innovating ventures by helping them grow through two main programs: P18, a global […]
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Parallel18 announces 1st all-Puerto Rican P18 cohort
April 22, 2020
Looking to continue to fulfill its mission to support high-impact entrepreneurship on the island, even in the midst of a pandemic, international startup initiative parallel18 announced the selection of 14 Puerto Rican companies that will make up the eighth generation of its P18 accelerator program. The group of companies showcases the growth from parallel18’s pre-acceleration […]
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Parallel18 to host first ‘Virtual Demo Day’
April 2, 2020
Demo Day, Parallel18’s main event in which companies present their products and services before a panel of judges and investors, will take place April 3rd at 1 p.m., this time in a completely virtual way. The event will be streamed through the Sceenic platform, created by past generation P18 participants. “This generation has too much […]
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Social-interest co. Nilus inserts itself into Puerto Rico’s COVID-19 outbreak response
March 31, 2020
Nilus, a startup that promotes health and sustainable food for low-income populations, confirmed it has been actively responding to the COVID-19 pandemic in Puerto Rico, where it has been delivering goods to nonprofits. Since establishing its project in Puerto Rico in November 2019, it has participated in several “rescue” missions, collecting surplus products, such as […]
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