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Grupo Guayacán

Full company profile

uuid000hofh

Namestring
Grupo Guayacán
Legal namestring
Grupo Guayacán Inc.
Websiteurl
guayacan.org
Company typeenum
Private
Founded yearint
1997
Descriptiontext

Grupo Guayacán Inc. is a private nonprofit corporation incorporated in Puerto Rico and headquartered at 268 Luis Muñoz Rivera Avenue, San Juan. Founded in 1996/1997, the organization has spent more than two decades operating as a pioneer in Puerto Rico's entrepreneurship development ecosystem, with a mission to educate and develop local entrepreneurs in order to support the island's economic growth. Its activities span the full lifecycle of company building, from idea-stage validation through executive-level scale-up programs.

The organization's product portfolio comprises seven core programs: I-Corps Puerto Rico (a five-week business idea validation bootcamp developed with the National Science Foundation's I-Corps South Node), the EnterPRize Business Competition (a six-month competition offering workshops, mentoring, and seed capital), the Scale Up Bootcamp, the Guayacán Venture Accelerator (GVA, an executive development program for established companies), the IDEA Seed Fund, Desde La Raíz, and the annual Guayacán Giving Day fundraiser. Across its programs, Grupo Guayacán has supported over 470 companies and trained more than 1,000 entrepreneurs, awarding more than $3.1 million in equity-free seed capital over its history, and its alumni represent more than 5,000 jobs in the local economy.

Grupo Guayacán does not sell products or services; it operates as a 501(c)-equivalent nonprofit funded through charitable donations, an endowment fund, foundation grants, and corporate sponsorships from organizations including the MCS Foundation, Puerto Rico Builders Association, Bravo Family Foundation, National Science Foundation, Puerto Rico Industrial Development Company, Assurant, FirstBank, Grupo Ferré Rangel, Titín Foundation, and Fundación Ángel Ramos. Programs are delivered primarily in Puerto Rico, distributed through a self-serve online application portal plus direct partnerships with University of Puerto Rico campuses and corporate-sponsored fellowship seats. The core technology of the business is described as "not applicable," and core operations are run by a small internal team led by Executive Director Laura Cantero.

Short descriptiontext

Grupo Guayacán is a Puerto Rican nonprofit founded in 1997 that runs entrepreneurship development programs (I-Corps Puerto Rico, EnterPRize, Scale Up Bootcamp, and the Guayacán Venture Accelerator), supporting 470+ companies and 1,000+ entrepreneurs with seed capital, mentoring, and corporate-sponsored fellowships.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersGuaynabo, Puerto Rico
HQ citystring
Guaynabo
HQ countrystring
Puerto Rico
HQ regionstring
Latin America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
entrepreneurship development programs, startup incubation services, venture acceleration programs, seed capital funding, business mentorship programs
Industry3 codes
1Entrepreneurship, Innovation & Venture Creation Centers
CodeEDAHAHAHPrimaryYes
2Youth Business Incubators & Accelerators
CodeEDAMAHACPrimaryNo
3Leadership, Management & Teamwork for Business
CodeEDAMAHAIPrimaryNo
SIC code1 code
  • Services-Management Consulting Services8742
Product category
Entrepreneurship Development Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Donations and Endowment Fund
TypeManaged Services
Description

As a nonprofit organization, Grupo Guayacán operates primarily through donations, an endowment fund, and partnerships with sponsors and foundations. The organization does not generate revenue from products or services but relies on charitable contributions and fellowship program sponsorships.

guayacan.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
Pricing details1 tier
1I-Corps Puerto Rico - Free business idea validation program
ModelOtherBilling cadenceOne-time
Notes

The I-Corps Puerto Rico program is free for participants, sponsored by the Puerto Rico Industrial Development Company.

guayacan.org
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 7 records shown
1EnterPRize
Description

Six-month business building competition featuring workshops, mentoring and access to seed capital for startups in Puerto Rico.

guayacan.org
+6 more records
Core offering1 text field

Grupo Guayacán is a Puerto Rico-based nonprofit organization that operates entrepreneurship development programs supporting innovators and entrepreneurs from idea stage through executive advancement. Its portfolio includes I-Corps Puerto Rico (five-week business validation bootcamp), the EnterPRize Business Competition (six-month competition with equity-free seed capital), Scale Up Bootcamp, the Guayacán Venture Accelerator (GVA) for established companies, the IDEA Seed Fund for early-stage risk capital, and the Desde La Raíz program. The organization incubates, accelerates, mentors, and invests in local entrepreneurs to stimulate Puerto Rico's economy.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 8 values shown
  • 470 companies supported over 20 years
+7 more records
Product overview1 text field

Grupo Guayacán is a nonprofit organization that offers a comprehensive suite of entrepreneurship development programs. The portfolio consists of multiple programs spanning the entrepreneurial lifecycle: I-Corps Puerto Rico (five-week validation bootcamp), EnterPRize Business Competition (six-month business building competition), Scale Up Bootcamp (growth program for existing companies), Guayacán Venture Accelerator (executive development for established companies), IDEA Seed Fund (early-stage capital access), Desde La Raíz, and Guayacán Giving Day (annual giving initiative). Together these programs provide incubation, acceleration, mentorship, and investment support to Puerto Rican entrepreneurs from idea stage through executive advancement.

Product and service6 records
1I-Corps Puerto Rico
CategoryEntrepreneurship Development
Description

A five-week business idea validation bootcamp that teaches participants the methodology of customer discovery to identify potential markets and build a scalable business model. Targeted at students, professors, researchers, and aspiring entrepreneurs in Puerto Rico.

2EnterPRize Business Competition
CategoryEntrepreneurship Development
Description

A six-month business building competition featuring workshops, mentoring, and access to equity-free seed capital for early-stage entrepreneurs and startups in Puerto Rico.

3Scale Up Bootcamp
CategoryEntrepreneurship Development
Description

A program designed to help existing companies grow through intensive business development support.

4Guayacán Venture Accelerator (GVA)
CategoryEntrepreneurship Development
Description

An executive education and development program for established companies (at least 3 years of operation) seeking new growth opportunities, consisting of educational workshops, mentoring, and coaching sessions.

5IDEA Seed Fund
CategoryEntrepreneurship Development
Description

Provides access to early-stage risk capital to accelerate innovative businesses.

6Desde La Raíz
CategoryEntrepreneurship Development
Description

An entrepreneurship development program under Grupo Guayacán's portfolio serving local Puerto Rican entrepreneurs.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2019-09-06
Description

Collaboration with UPR's Center for Commercialization and Innovation Support (UPR i+c) to host the I-Corps Puerto Rico program at the Río Piedras Campus, recruiting students, professors, and researchers.

2Entrepreneurs' Organization (EO) Puerto Rico Chapter
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Collaboration agreement to launch the Global Student Entrepreneur Awards (GSEA) in Puerto Rico and share resources, connections, and mentoring opportunities for local entrepreneurs.

guayacan.org
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Lead instructor for I-Corps Puerto Rico, bringing extensive experience as director of Venture Lab at Georgia Tech and veteran I-Corps instructor to the program.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Major US philanthropic foundation focused on entrepreneurship and education. Overlaps in mission (fostering entrepreneurial ecosystems) and supports many of the same EDOs and accelerators that Grupo Guayacán services, but at national/foundation scale.

TypeDirect peer
Description

Nonprofit venture firm running entrepreneur development programs and supporting early-stage impact-focused companies in the US and internationally. Comparable mission (entrepreneurship development via cohort programs), structure (nonprofit), and target founders (early-stage, often mission-driven).

TypeDirect peer
Description

Puerto Rico–based global startup accelerator offering equity-free funding and intensive programs to early-stage companies. Operates in the same geographic market with overlapping entrepreneur target segments and similar nonprofit/institutional support structures.

TypeDirect peer
Description

Global nonprofit network identifying and supporting leading social entrepreneurs. Comparable mission (entrepreneurship as economic development lever) and nonprofit structure with fellow/ecosystem model, albeit at significantly larger scale.

TypeDirect peer
Description

Nonprofit providing fellowships, seed capital, and leadership development to social entrepreneurs. Directly comparable as a fellowship-plus-capital model that supports founders across stages with structured programs.

TypeBroad incumbent
Description

The largest global startup accelerator, offering seed capital and cohort-based programming to early-stage founders. Adjacent business model (cohort-based accelerator with seed funding), though for-profit and global rather than nonprofit/regional.

7SOCAP
TypeOthers
Description

Nonprofit convening the social capital markets community to accelerate entrepreneurship and impact investment globally. Adjacent ecosystem-building role with comparable nonprofit structure serving entrepreneurs and the capital providers who fund them.

TypeDirect peer
Description

Public-private trust supporting science, technology, and entrepreneurship in Puerto Rico, including operating Parallel18 and other startup programs. Directly comparable as the principal competing entrepreneurship ecosystem builder in the same region.

TypeDirect peer
Description

Nonprofit supporting impact-driven entrepreneurs across Latin America through accelerator and fellowship programs. Closely comparable mission and geographic orientation (LatAm entrepreneurship) with a cohort-based accelerator model.

10ANDE (Aspen Network of Development Entrepreneurs)
TypeDirect peer
Description

Global network supporting organizations that grow small businesses and entrepreneurship in emerging markets. Highly comparable as a peer network of entrepreneurship development organizations (EDOs), many of which are nonprofit like Grupo Guayacán.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers15 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Grupo Guayacán

Entrepreneurship Development Servicesguayacan.org

Grupo Guayacán is a Puerto Rican nonprofit founded in 1997 that runs entrepreneurship development programs (I-Corps Puerto Rico, EnterPRize, Scale Up Bootcamp, and the Guayacán Venture Accelerator), supporting 470+ companies and 1,000+ entrepreneurs with seed capital, mentoring, and corporate-sponsored fellowships.

What Grupo Guayacán does

Grupo Guayacán Inc. is a private nonprofit corporation incorporated in Puerto Rico and headquartered at 268 Luis Muñoz Rivera Avenue, San Juan. Founded in 1996/1997, the organization has spent more than two decades operating as a pioneer in Puerto Rico's entrepreneurship development ecosystem, with a mission to educate and develop local entrepreneurs in order to support the island's economic growth. Its activities span the full lifecycle of company building, from idea-stage validation through executive-level scale-up programs.

The organization's product portfolio comprises seven core programs: I-Corps Puerto Rico (a five-week business idea validation bootcamp developed with the National Science Foundation's I-Corps South Node), the EnterPRize Business Competition (a six-month competition offering workshops, mentoring, and seed capital), the Scale Up Bootcamp, the Guayacán Venture Accelerator (GVA, an executive development program for established companies), the IDEA Seed Fund, Desde La Raíz, and the annual Guayacán Giving Day fundraiser. Across its programs, Grupo Guayacán has supported over 470 companies and trained more than 1,000 entrepreneurs, awarding more than $3.1 million in equity-free seed capital over its history, and its alumni represent more than 5,000 jobs in the local economy.

Grupo Guayacán does not sell products or services; it operates as a 501(c)-equivalent nonprofit funded through charitable donations, an endowment fund, foundation grants, and corporate sponsorships from organizations including the MCS Foundation, Puerto Rico Builders Association, Bravo Family Foundation, National Science Foundation, Puerto Rico Industrial Development Company, Assurant, FirstBank, Grupo Ferré Rangel, Titín Foundation, and Fundación Ángel Ramos. Programs are delivered primarily in Puerto Rico, distributed through a self-serve online application portal plus direct partnerships with University of Puerto Rico campuses and corporate-sponsored fellowship seats. The core technology of the business is described as "not applicable," and core operations are run by a small internal team led by Executive Director Laura Cantero.

Grupo Guayacán firmographics

Firmographics
Name
Grupo Guayacán
Legal name
Grupo Guayacán Inc.
Website
https://guayacan.org
Company type
Private
Founded year
1997
Operating status
Operating
Headcount range
1–10 employees
Short description
Grupo Guayacán is a Puerto Rican nonprofit founded in 1997 that runs entrepreneurship development programs (I-Corps Puerto Rico, EnterPRize, Scale Up Bootcamp, and the Guayacán Venture Accelerator), supporting 470+ companies and 1,000+ entrepreneurs with seed capital, mentoring, and corporate-sponsored fellowships.
Ownership category
akta.pro rank

Grupo Guayacán industry classification

Industry
Product category
Entrepreneurship Development Services
SIC
Services-Management Consulting Services (8742)
akta.pro primary industry
Entrepreneurship, Innovation & Venture Creation Centers (EDAHAHAH)
akta.pro secondary industries
Youth Business Incubators & Accelerators (EDAMAHAC), Leadership, Management & Teamwork for Business (EDAMAHAI)

Keywords

  • Entrepreneurship development programs
  • Startup incubation services
  • Venture acceleration programs
  • Seed capital funding
  • Business mentorship programs

Where Grupo Guayacán is headquartered

Location

Headquarters

HQ city
Guaynabo
HQ country
Puerto Rico
HQ region
Latin America

Offices1 record

Markets served

Grupo Guayacán business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Donations and Endowment Fund: As a nonprofit organization, Grupo Guayacán operates primarily through donations, an endowment fund, and partnerships with sponsors and foundations. The organization does not generate revenue from products or services but relies on charitable contributions and fellowship program sponsorships.

Pricing tiers

ModelBillingPrice
OtherOne-timeI-Corps Puerto Rico - Free business idea validation program

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Grupo Guayacán product offering

Product offering

Core offering

Grupo Guayacán is a Puerto Rico-based nonprofit organization that operates entrepreneurship development programs supporting innovators and entrepreneurs from idea stage through executive advancement. Its portfolio includes I-Corps Puerto Rico (five-week business validation bootcamp), the EnterPRize Business Competition (six-month competition with equity-free seed capital), Scale Up Bootcamp, the Guayacán Venture Accelerator (GVA) for established companies, the IDEA Seed Fund for early-stage risk capital, and the Desde La Raíz program. The organization incubates, accelerates, mentors, and invests in local entrepreneurs to stimulate Puerto Rico's economy.

Product overview

Grupo Guayacán is a nonprofit organization that offers a comprehensive suite of entrepreneurship development programs. The portfolio consists of multiple programs spanning the entrepreneurial lifecycle: I-Corps Puerto Rico (five-week validation bootcamp), EnterPRize Business Competition (six-month business building competition), Scale Up Bootcamp (growth program for existing companies), Guayacán Venture Accelerator (executive development for established companies), IDEA Seed Fund (early-stage capital access), Desde La Raíz, and Guayacán Giving Day (annual giving initiative). Together these programs provide incubation, acceleration, mentorship, and investment support to Puerto Rican entrepreneurs from idea stage through executive advancement.

Differentiator

Problem solved

Functional benefit

Brands

  • EnterPRize: Six-month business building competition featuring workshops, mentoring and access to seed capital for startups in Puerto Rico.
  • I-Corps Puerto Rico
  • Guayacán Venture Accelerator (GVA)
  • Scale Up Bootcamp
  • IDEA Seed Fund
  • Desde La Raíz
  • Guayacán Giving Day

Products and services

  • I-Corps Puerto Rico A five-week business idea validation bootcamp that teaches participants the methodology of customer discovery to identify potential markets and build a scalable business model. Targeted at students, professors, researchers, and aspiring entrepreneurs in Puerto Rico.
  • EnterPRize Business Competition A six-month business building competition featuring workshops, mentoring, and access to equity-free seed capital for early-stage entrepreneurs and startups in Puerto Rico.
  • Scale Up Bootcamp A program designed to help existing companies grow through intensive business development support.
  • Guayacán Venture Accelerator (GVA) An executive education and development program for established companies (at least 3 years of operation) seeking new growth opportunities, consisting of educational workshops, mentoring, and coaching sessions.
  • IDEA Seed Fund Provides access to early-stage risk capital to accelerate innovative businesses.
  • Desde La Raíz An entrepreneurship development program under Grupo Guayacán's portfolio serving local Puerto Rican entrepreneurs.

Quantifiable outcome

  • 470 companies supported over 20 years
  • +7 more outcomes

Companies that use Grupo Guayacán

Customer profile

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Grupo Guayacán technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Grupo Guayacán partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • University of Puerto Rico (UPR)coreStrategic or Co-development Partner · 6 September 2019Collaboration with UPR's Center for Commercialization and Innovation Support (UPR i+c) to host the I-Corps Puerto Rico program at the Río Piedras Campus, recruiting students, professors, and researchers.
  • Entrepreneurs' Organization (EO) Puerto Rico ChapterminorStrategic or Co-development PartnerCollaboration agreement to launch the Global Student Entrepreneur Awards (GSEA) in Puerto Rico and share resources, connections, and mentoring opportunities for local entrepreneurs.
  • Keith McGreggor (Venture Lab, Georgia Tech)coreStrategic or Co-development PartnerLead instructor for I-Corps Puerto Rico, bringing extensive experience as director of Venture Lab at Georgia Tech and veteran I-Corps instructor to the program.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Grupo Guayacán competitors and assessment

Company assessment

Broad incumbents

  • Kauffman Foundation: Major US philanthropic foundation focused on entrepreneurship and education. Overlaps in mission (fostering entrepreneurial ecosystems) and supports many of the same EDOs and accelerators that Grupo Guayacán services, but at national/foundation scale.
  • Y Combinator: The largest global startup accelerator, offering seed capital and cohort-based programming to early-stage founders. Adjacent business model (cohort-based accelerator with seed funding), though for-profit and global rather than nonprofit/regional.

Direct peers

  • Village Capital: Nonprofit venture firm running entrepreneur development programs and supporting early-stage impact-focused companies in the US and internationally. Comparable mission (entrepreneurship development via cohort programs), structure (nonprofit), and target founders (early-stage, often mission-driven).
  • Parallel18: Puerto Rico–based global startup accelerator offering equity-free funding and intensive programs to early-stage companies. Operates in the same geographic market with overlapping entrepreneur target segments and similar nonprofit/institutional support structures.
  • Ashoka: Global nonprofit network identifying and supporting leading social entrepreneurs. Comparable mission (entrepreneurship as economic development lever) and nonprofit structure with fellow/ecosystem model, albeit at significantly larger scale.
  • Echoing Green: Nonprofit providing fellowships, seed capital, and leadership development to social entrepreneurs. Directly comparable as a fellowship-plus-capital model that supports founders across stages with structured programs.
  • Puerto Rico Science, Technology & Research Trust: Public-private trust supporting science, technology, and entrepreneurship in Puerto Rico, including operating Parallel18 and other startup programs. Directly comparable as the principal competing entrepreneurship ecosystem builder in the same region.
  • Agora Partnerships: Nonprofit supporting impact-driven entrepreneurs across Latin America through accelerator and fellowship programs. Closely comparable mission and geographic orientation (LatAm entrepreneurship) with a cohort-based accelerator model.
  • ANDE (Aspen Network of Development Entrepreneurs): Global network supporting organizations that grow small businesses and entrepreneurship in emerging markets. Highly comparable as a peer network of entrepreneurship development organizations (EDOs), many of which are nonprofit like Grupo Guayacán.

Others

  • SOCAP: Nonprofit convening the social capital markets community to accelerate entrepreneurship and impact investment globally. Adjacent ecosystem-building role with comparable nonprofit structure serving entrepreneurs and the capital providers who fund them.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Grupo Guayacán social profiles

Digital presence

Grupo Guayacán financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Grupo Guayacán leadership team

Management profile

Number of profiles

Profiles2 records

Grupo Guayacán funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Grupo Guayacán M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grupo Guayacán

What does Grupo Guayacán do?

Grupo Guayacán is a Puerto Rico-based nonprofit organization that operates entrepreneurship development programs supporting innovators and entrepreneurs from idea stage through executive advancement. Its portfolio includes I-Corps Puerto Rico (five-week business validation bootcamp), the EnterPRize Business Competition (six-month competition with equity-free seed capital), Scale Up Bootcamp, the Guayacán Venture Accelerator (GVA) for established companies, the IDEA Seed Fund for early-stage risk capital, and the Desde La Raíz program. The organization incubates, accelerates, mentors, and invests in local entrepreneurs to stimulate Puerto Rico's economy.

Is Grupo Guayacán a public or private company?

Grupo Guayacán is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Grupo Guayacán founded?

Grupo Guayacán was founded in 1997. It employs 1 to 10 people.

Where is Grupo Guayacán based?

Grupo Guayacán is headquartered in Guaynabo, Puerto Rico, in the Latin America region.

How does Grupo Guayacán make money?

One revenue line is on record: donations and Endowment Fund.

Who are Grupo Guayacán's main competitors?

Broad incumbents on record are Kauffman Foundation and Y Combinator. Direct peers are Village Capital, Parallel18, Ashoka, Echoing Green, Puerto Rico Science, Technology & Research Trust, Agora Partnerships and ANDE (Aspen Network of Development Entrepreneurs). SOCAP is listed as an others.

Does Grupo Guayacán have an API?

No public API is recorded for Grupo Guayacán.

What industry is Grupo Guayacán in?

Grupo Guayacán's product category is Entrepreneurship Development Services. Its primary akta.pro industry code is EDAHAHAH, Entrepreneurship, Innovation & Venture Creation Centers, with a secondary code of EDAMAHAC, Youth Business Incubators & Accelerators. Its SIC code is 8742.

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Live signals
News is My BusinessFirstBank backs $20K EnterPRize sustainability awardFirstBank and Grupo Guayacán are offering a $20,000 seed capital award to Puerto Rico-based sustainability-focused businesses through the 2026 EnterPRize competition. The award targets early-stage companies with environmental or community impact, and applications are open until May 18. The program has awarded over $3 million to nearly 500 businesses since 2005.News is My BusinessGuayacán invests $400K+ in EnterPRize’s 20th cohortGrupo Guayacán closed the 20th anniversary edition of its EnterPRize Business Competition by awarding more than $400,000 in seed capital and in-kind prizes to 25 graduated companies, marking a milestone year that underscored Puerto Rico's entrepreneurial pipeline. Two companies received top awards: Lau Pottery Studio won first place with $50,000 in total seed capital, while Ilumi-Nation Lights Decor secured $45,000 across two awards. The program has supported nearly 500 companies and more than 1,000 entrepreneurs since 2005, deploying more than $3 million in total seed capital toward Puerto Rico's economic and social development.News is My BusinessGrupo Guayacán marks 20 years of EnterPRize business competitionGrupo Guayacán will celebrate the 20th anniversary of its EnterPRize business competition on November 20 at Urban Hub Plaza in Hato Rey, Puerto Rico. The program, created in 2005, has supported 470 emerging companies and trained over 1,000 entrepreneurs, awarding more than $3.1 million in seed capital over two decades. This year's event features 25 startups competing for over $250,000 in seed capital awards at the awards ceremony.News is My BusinessStudent innovator wins EO Puerto Rico competitionNicolás S. Novoa-Lugo, founder of RIVA Solutions LLC, won EO Puerto Rico's 2025 Global Student Entrepreneur Awards for developing a compact and efficient shower system for recreational vehicles that reduces water and energy use. Novoa was selected from 11 candidates who completed a five-month mentorship and business training program through Grupo Guayacán's EnterPRize initiative. His first-place finish earned him a $5,000 cash prize and the opportunity to represent Puerto Rico in the regional competition in Panama in early 2026.