Students and professors from Sacred Heart University will have the support of the Puerto Rico Small Business and Technology Development Centers (PRSBTDC) to create new businesses based on innovation, the organizations announced Monday.
International startup accelerator Parallel18, based in Puerto Rico, closed its first global call for startups last week with more than 400 applications from more than 30 countries.
The Puerto Rico Science Technology & Research Trust is turning to the startup ecosystem as a contributing solution to Puerto Rico's current economic crisis with the launch of Parallel18, a program with the goal of expanding the horizons of local entrepreneurs in the short term and create economic development in the long run.