Open to anyone with an idea, the platform is designed to address the most common challenges startups face, and its centered around three key areas
San Juan-based Hallo, one of the Top 100 startup finalists that competed in the recent 9th Annual Startup of the Year Summit in the innovation hub of Tampa, FL, took the “People’s Choice Award” for Puerto Rico. The awards ceremony took place Jan. 27th during the three-day event sponsored by Established with sponsors such as, […]
With the slogan “Sácala del Parque,” (“Hit a home run”) parallel18’s pre-acceleration program, pre18, has opened a call for local companies interested in participating on its fourth generation. Startups will have until Oct. 12 to summit the online application form. The program, part of the Puerto Rico Science, Research and Technology Trust, is looking for […]
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 […]
The island’s employment levels are stabilizing due to the fast growth rates of startups across business sectors, the US Bureau of Labor Statistics data collected by the Puerto Rico Economic Development Bank shows. The local agency’s Center for Economic Studies suggests that there has been improvement, since in 2020 the levels approached pre-pandemic averages during […]
Startup accelerator gener8tor has announced the five companies participating in its gBETA San Juan Summer 2021 cohort. This is the first gBETA program for gener8tor in Puerto Rico and the first gener8tor program to be offered in both English and Spanish. The five Puerto Rico-based startups selected — YO+, The Happy Givers, Hyperion, PolyGhost and […]
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 […]
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 […]
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 […]
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 […]
I was happy to read about Parallel 18’s latest group of startups and listen to each company pitch during their recent virtual kickoff event. Generation 8 is the accelerator’s first all Puerto Rican cohort and it surfaces as a hopeful sign amidst a sea of small businesses that have shut down due to the COVID-19 […]
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 […]
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 […]
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 […]
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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