Equity free funding

‍ A US $40,000 grant to help your startup lay the foundations for growth. The money is divided into two halves, one when companies begin the program and the other once they pass a mid-point evaluation. How can you use the money? Read here for more details.

Strong acceleration curriculum

‍‍ More than 100 mentors are part of the parallel18 network. Each generation, we select experts that have the best fit with the cohort so they can share their knowledge through talks and one on ones. In addition, we have a group of Mentors in Residence and Entrepreneurs in Residence that offer personal mentorship in specific fields.

Business Connections



Through our P18Connect program we match startups with big local companies that are thirsty for innovation and can see their solutions as a way to move forward. 45% of our alumni say they are still in contact with leads they met while in the program, while 29% of them have closed business in the island. (According to 2019’s alumni survey.)



A growing investment scene

‍ In just four years, parallel18 has managed to help startups raise more than US $10M investment from Puerto Rican investors*. In addition, the program offers a follow-on fund of up to US $75,000 for qualifying alumni. So far, P18Ventures has invested in 16 alumni. But that is not all, each cohort, our team looks for investors who are ready to put their money in startups that participate in P18.

(*According to 2019’s alumni survey.)



Smooth soft landing

A team of professionals with vast experience working with bilingual and multicultural companies is put at our startups disposal to help them in the process of setting up shop in Puerto Rico, while being compliant with the United State’s legal system.



Lay the foundation for growth

‍ The government of Puerto Rico offers several tax incentives for businesses that operate from the Island and serve customers worldwide. They give growing startups the tools the need to grow better and faster.

Work-life balance like no other

‍ Puerto Ricans are known for their warmth and hospitality. Our Caribbean lifestyle, all year-long warm weather, Latin culture, and United States infrastructure allow startups to work in a place they will love. It’s a win, win, right?