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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Data Wi-Fi stands out as double winner during Parallel18’s 6th DemoDay
May 28, 2019
Nearly 20 companies presented their pitches in front of visiting investors and the local business community during the sixth generation of Parallel18’s “DemoDay,” won by Data Wi-Fi. Data Wi-Fi won two awards during the competition — The Evertec Choice Award, which carries a $10,000 cash prize, and the People’s Love Award bestowed by T-Mobile, which […]
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Facebook, parallel18 looking for Caribbean startups ‘driving meaningful social impact’
March 26, 2019
Facebook and accelerator parallel18, an initiative of the Puerto Rico Science, Technology, and Research Trust, are partnering to launch “Startup Hub Caribbean,” a program that will support 10 technology startups that have outsized social impact potential and are focused on improving the lives of communities across the Caribbean. Startups selected for the program will receive […]
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Parallel18’s Gen5 DemoDay showcases 28 local, int’l startups
December 14, 2018
Startups from Puerto Rico, the U.S. mainland, Argentina, Ecuador and Colombia presented concepts to experienced investors in search of a boost to their ideas.
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Parallel18 Ventures co-invests $225K in 4 P.R., LatAm startups
November 16, 2018
This time, the companies were part of Generation 4, which completed the program in March of 2018.
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Parallel18’s 2nd-year results show latest participants generated $24.5M in sales
August 31, 2018
A third of those transactions were related to their operations in Puerto Rico, according to the results of the international acceleration program.
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Evertec partners with start-up accelerator, Parallel 18
July 26, 2018
Evertec Inc. and the Puerto Rico Science Technology and Research Trust announced the signing of a collaboration agreement with its start-up accelerator program, Parallel 18 (P18).
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