About the program

Xpand is a growth stage program developed by parallel18 and subsidized by Banco Popular with the goal to support companies that are looking to access new markets by providing resources for sustainable expansion.
 

A business support initiative with a social mission: to offer entrepreneurs around the world access to high-quality business education, financing and networking to help them expand globally, while positioning Puerto Rico as a strategic center for business technology-based innovators. Created in 2015 by the Puerto Rico Science, Technology and Research Trust, parallel18 stands out for its high-caliber, results-focused incubation, pre-acceleration, acceleration and post-acceleration curriculum.

As described in Public Law 214-204, is a nonprofit organization created in 2004 to promote the participation and creation of jobs on the island in the global knowledge economy by promoting investment and the financing of research and development of science and technology. The PRSTRT invests, facilitates, and builds capacity to continually advance Puerto Rico’s economy and its citizens’ well-being through innovation-driven enterprises, science and technology, and its industrial base. With the goal of Puerto Rico being an innovation center of global recognition.  The Puerto Rico Science, Technology and Research Trust was also designated one of the 31 Tech Hubs, by President Biden’s administration in 2023, to lead the PRBio Tech Hub, with a multi-sector consortium on the Island. 

MEET THE TEAM!

Executive Director

parallel18

Operations Manager

XPAND

Startup Representative

XPAND

Investment Manager

parallel18

Senior Operations Manager

parallel18

Communications &
Marketing Manager

parallel18

This is our Xpand community!

Explore the ebook and learn more about our Xpand alumni.

Result-driven Entrepreneurial Support

**Presented results are based on Xpand alumni who completed the Impact Report survey and data captured in the exit surveys of the cohort.