P18
A programme by Parallel18
A 16-week, in-person acceleration programme for early-stage startups from anywhere in the world, with an investment on selection.
At a glance
| Best for | Early-stage startups from anywhere in the world that are incorporated in Puerto Rico or the United States |
|---|---|
| Duration | 16 weeks, after a 4-week virtual evaluation |
| Format | In person |
| Cost | Takes equity |
About P18
P18 is the acceleration programme for startups that want to scale from Puerto Rico to global markets. It is open to startups from anywhere in the world, but the company must be incorporated in Puerto Rico or the United States, with authorisation to operate in Puerto Rico if selected. Applications reopen in 2027, and a waitlist is open for Gen. 15.
What you get
- An investment on selection through a SAFE, a Simple Agreement for Future Equity
- A bootcamp curriculum covering sales, fundraising and operations
- Weekly progress check-ins with a startup specialist
- Introductions to corporate partners through Parallel18 Connect
- Access to the Puerto Rico ecosystem and the parallel18 coworking space
- A perks programme with discounts on cloud hosting, marketing and legal services
Who can apply
- Startups operating for three years or less
- At least two full-time founders, with a team leader who can live in Puerto Rico for the full term
- A company ready to raise a pre-seed or seed round, either open now or within six months of the programme start
How selection works: applicants pass a multi-phase process of virtual meetings, an evaluation and judging round, and a selection committee. Up to 18 startups are selected for each cohort.
How to apply: there is no application fee. Join the waitlist on the P18 page to hear when applications reopen.
Where to apply
Other Parallel18 programmes
- BioLeapA free, hybrid life sciences incubator with a 12-week curriculum, a fully equipped laboratory and 14 weeks of technical assistance.
- XpandA free, all-year community for growth-stage companies in Puerto Rico, with a one-day strategy bootcamp, investment readiness support and roundtables.
- VCAP (Venture Capital Access Program)An equity programme that invests in seed and early-stage companies headquartered in Puerto Rico, alongside private co-investors.
- parallel18 Ventures Matching FundFollow-on co-investment for top parallel18 alumni who raise capital from institutional and angel investors.