Today: Apr 23, 2024

Startup Showcase Competition: Elevate your Ideas, Deadline Revealed

4 months ago

The Puerto Rico Department of Economic Development and Commerce (DDEC) and Colmena66, a program of the Puerto Rico Science, Technology and Research Trust, have announced that the application deadline for the Elevate Startup Showcase competition will be December 20th. The showcase is aimed at startup businesses and offers an opportunity to win a $15,000 incentive from the DDEC.

  • The competition is open to innovation-based businesses with at least three years of operation and annual sales of at least $200,000.
  • The event will be organized by Colmena66 in collaboration with other business incubators and will take place on February 27, during the Elevate Summit at the Puerto Rico Convention Center.
  • Selected startups will receive mentoring to refine their pitches prior to the competition.
  • DDEC Secretary Manuel Cidre encourages entrepreneurs to receive support from organizations with expertise in business development.

The Elevate Startup Showcase presents a unique opportunity for startups to receive needed funding and also gain exposure to a wider audience which includes potential customers and investors. Denisse Rodríguez, the executive director of Colmena66, emphasizes the value of this competition and urges startups aiming to bring their products or services to a global market to apply.

The DDEC and Colmena66’s efforts in hosting this competition displays the increasing support for entrepreneurship and innovation in Puerto Rico. By incentivizing and supporting startups, these organizations aim to contribute to achieving successful business development in the region.

For more details about the Elevate Startup Showcase competition or to apply, interested parties are advised to contact Colmena66 directly or visit the Elevate Summit application page.