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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2 weeks left to apply for parallel18’s 8th cohort
February 5, 2020
Following a “trailblazing cohort” where 45% of the teams had female leaders, parallel18 just launched an open call for its Generation 8 edition, the nonprofit announced. The San Juan-based international accelerator program that has worked with more than 160 companies in the last four years is actively looking for innovative startups with a global vision […]
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Parallel18 Ventures pumps $225K into 4 startups added to its portfolio
October 15, 2019
The Puerto Rico Science, Technology and Research Trust invested $225,000 in four startups through the follow-up fund parallel18 Ventures, created to speed up the growth of promising young companies that complete parallel18’s acceleration program and raise additional capital. This round, the funds were awarded to four companies from Puerto Rico, Colombia and Canada that were […]
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P.R.’s Parallel18 among winners of SBA’s Growth Accelerator Fund Competition
October 1, 2019
San Juan-based accelerator Parallel18 has been chosen among the 60 winners of U.S. Small Business Administration’s Growth Accelerator Fund Competition, to receive $50,000 each to support startups and entrepreneurs researching and developing STEM-related innovations. The combined $3 million will support development focused on a broad set of industries and sectors, SBA Acting Administrator Chris Pilkerton […]
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42 startups chosen for Parallel18’s 7th int’l cohort
September 27, 2019
International startup accelerator parallel18 has selected 42 startups for its seventh international cohort that starts Nov. 6th. The startups are bringing innovative solutions in industries such as education, fintech, biotechnology, SaaS, energy, environment, cleantech, computer software, food technology, advertising, tourism, fitness, e-commerce, agriculture and media. The selected companies come from 10 different countries of which […]
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Local co. Amasar nabs ‘Entrepreneurial Spirit award during pre18 DemoDay
September 23, 2019
Parallel18, the global business accelerator operating since 2015, carried out the pre18’s second-generation DemoDay where more than 30 local companies presented their products and services. During the event, six companies received awards in different categories. Amasar won the Entrepreneurial Spirit Award sponsored by the Business Council of Latin America. This award recognizes a company that […]
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Parallel18, Google Developers Launchpad team up to support P.R.’s startup ecosystem
September 4, 2019
Startup accelerator parallel18 has amplified its resources network by joining Google Developers Launchpad’s select group of regional partners, it announced. The collaboration not only grants access to Google’s global network but also encourages sharing insights and best practices between startup ecosystem catalyzers from around the world, parallel18 officials said. Google Developers Launchpad is a branch […]
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Startup Hub Caribbean by Facebook and parallel18 wraps up its 1st generation
August 9, 2019
The closing event for Startup Hub Caribbean, a program by Facebook and Puerto Rican accelerator parallel18, showcased the growth and impact of 10 startups that are helping improve their communities’ access to high-quality education, jobs, and technology. The Demo Day took place in parallel18’s HQ, in San Juan and was the final phase of a […]
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Science Trust gets significant grant from U.S. Dept. of Commerce
August 1, 2019
The Puerto Rico Science, Technology and Research Trust was selected as one of the 44 nonprofit entities will receive funding from the U.S. Economic Development Administration’s Regional Innovation Strategies Program, which will award a total of $23 million to expand high impact entrepreneurship. The Trust will launch the Investor Bridge Project based on Puerto Rico’s […]
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36 Puerto Rican companies to participate in upcoming pre18 accelerator program
June 17, 2019
Parallel18 (P18), a global business accelerator operating since 2015, announced the selection of 36 Puerto Rican companies that will participate in its pre-acceleration program, pre18. The companies will be part of a 12-week training curriculum, and each will receive a $20,000 grant for their projects. This initiative that was created after Hurricane María to support […]
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