May 15, 2021

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In the final stretch the call for pre18 businesses

The Pre18 program, one of the business support initiatives of the Trust for Science, Technology and Research of Puerto Rico, announced its traditional Applicathon: individualized sessions to help companies to complete the application to participate in the accelerator.

This time the event will take place virtually on June 26 and 27 and July 3 and 4 from 9:00 am to 3:00 pm. Applicants will have 30 minutes to review their application with members of the Parallel18 team to clarify doubts and strengthen it.

To separate a space, employers must access the Pre18 Applicathon event on Facebook and then click the "tickets" button, this way you can separate your half hour. Puerto Rican companies interested in strengthening their product to reach the market or increase their sales may submit applications until July 6, 2020. Applications must be completed in English, since the evaluation will be carried out by international judges. [19659004] Pre18 seeks to bridge the gap between business education and funding through a $ 20,000 grant, mentoring, workshops, and high-quality talks. The content of the talks is also segmented into concentrations aligned to the industries in which the selected companies are developed.

For 12 weeks, beginning in November of this year, up to 40 Puerto Rican companies will participate in the preparatory curriculum that will also It includes access to a wide network of corporate contacts for business development. Likewise, pre18 offers continuous support and goal monitoring under the guidance of an expert entrepreneurship team.

To be eligible, companies applying to the program must be Puerto Rican and have a unique or proprietary innovative component that sets them apart than what already exists in the market. One of the main pre-accelerator requirements is that businesses have a working basic version of their product.

Likewise, the company's solution must be able to sell outside of Puerto Rico and grow fast. Thus, do not qualify for the program: physical stores, "food-trucks", consulting or marketing services, projects in a conceptual stage, or any business that depends on people without incorporating some type of automation. [19659008] “We wanted to make the valuable resources of our Parallel18 accelerator available to entrepreneurs through this effort, clarifying doubts and facilitating the application process, to help them take advantage of this opportunity to be selected for the third generation of pre18. The pre18 program is the response of the Trust for candidates with an entrepreneurial mind and with the vision of growing and exporting their product, "explained Lucy Crespo, Chief Executive Officer of the Trust for Science, Technology and Research of Puerto Rico.

Sebastián Vidal, Executive Director of parallel18, explained: “We have seen the fruits of pre18 through the commercial opportunities that some graduated companies have found with large corporations. More than 70 companies have already completed the pre-acceleration process after two generations, to name a few, GoPanza, PRoduce, Libros787, FitWallet, Amasar and Sirena Patterns stand out. We encourage you to take advantage of this Applicathon effort to help you begin this exciting journey to entrepreneurship. ”

For more details and questions as well as information on virtual sessions about the program, you can visit the pre18 website and its social networks Facebook and Instagram or write an email to [email protected] .

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