Grupo Guayacán Inc. has granted $50,000 in seed funding to three companies that graduated from the first edition of the SPRINGBOARD program, the nonprofit announced Monday.
With the goal of preparing college students to join the island’s business community, the Young Entrepreneurship Education System (YEES!), in collaboration with the Puerto Rico Products Association, recently held the second edition of the College Business Fair, during which 20 finalists received a combined $135,000 in seed funding for business creation.
Grupo Guayacán Inc. announced Tuesday the names of the 30 semifinalists that will compete for more than $100,000 through its EnterPRize competition, the largest business development competition in Puerto Rico that promotes the creation of companies and offers intense education to budding entrepreneurs who, more than developing an idea, seek to launch and grow successful companies.