How startup accelerator P18 is luring founders to Puerto Rico

, Start Up
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Startup Beat

By: NIck Kipley

Positioned in the geographical beating heart of the Caribbean, and with a culture and language that are distinctly Latin, Puerto Rico provides access to the enormous LatAm and US markets as a territory of the United States, meaning entrepreneurs who want to set up a startup in the Caribbean paradise can do business in dollars and network with potential corporate clients spread from Buenos Aires to Santiago, and New York City to San Francisco.

Beautiful Puerto Rico

To facilitate founders’ ability to do so, the Puerto Rico Science, Technology, and Research Trust (PRSTRT) will be celebrating its 10th anniversary this year by giving away ten $150,000 USD grants to science and tech startups through their newly reimagined Parallel18 (P18) international acceleration program. P18 normally awards smaller grants of $40,000 USD to 40 startups for a 20-week accelerator program, so this tenth-anniversary special edition of the P18 program

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