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EnterPRize is a business building competition and accelerator providing startups with access to workshops, mentoring, and access to equity-free seed capital since 2005.

EnterPRize

About

EnterPRize is the leading Business Competition in Puerto Rico. Over the past 11 years, GGI’s flagship startup initiative has evolved from a Business Idea Competition, to a Business Plan, and currently Business Building Competition where entrepreneurs learn methods and tools to successfully develop their ventures. In addition to education and mentoring, participants gain access to seed capital allowing them to kick start their businesses.

Program Includes:

  • 12 educational workshops

  • 5 coaching sessions

  • One-on-one coaching opportunities

  • Pitching practices and access to mentors

  • Opportunity to pitch at Demo Day in November 2017

What We Are Looking For

Startups with the following:
  • Startup based in Puerto Rico; operating for less than 5 years

  • Innovative business with potential to scale globally

  • Original project of the team

  • Revenue or pre-revenue stage, with existing prototype or MVP

  • A team with at least two members

  • No institutional investment

  • Less than $500,000 in revenues and $100,000 in liabilities since inception

  • At least one member with industry expertise preferred

  • Evidence of customer validation and early traction preferred

  • Full-time dedicated team preferred

The competition’s top three ventures will receive $50,000 in equity free seed capital by GGI: $25,000, $15,000, and $10,000, respectively. Additionally, participants are eligible to compete for an additional $58,000 in Special Track Prizes in a series of specialty focus areas:

  • Agribusiness & Food: $12,000 sponsored by Puerto Rico Farm Credit, Puerto Rico Coffee Roasters, and Caribbean Produce Exchange.

  • Agribusiness & Food, Innovation: Puerto Rico Farm Credit will offer an additional $4,000 to the most innovative agriculture venture

  • Social Enterprise: $10,000 sponsored by Fundación Banco Popular

  • Customer Experience: $5,000 sponsored by Liberty Puerto Rico

  • Innovation: $5,000 sponsored by Ferraiuoli LLC

  • Sustainability: $5,000 sponsored by Fundación Aireko

  • Woman Entrepreneur in Science, Technology, Engineering, Arts & Math (STEAM): $5,000 sponsored by Oriental Bank

  • Environmental Conservation: $5,000 sponsored by FirstBank

  • Maritime Community: $5,000 sponsored by TOTE Maritime Puerto Rico

  • Student Entrepreneur: $2,000 sponsored by Entrepreneur’s Organization Puerto Rico Chapter

  • Woman Entrepreneur: Direct Pass to participate in the next Access Latina Cohort

  • Tech: Direct Pass to Codetrotters coding course, valued at $6,000

  • Sharing Economy: Membership to Piloto 151 Café, valued at $3,000
       

Program Sponsors

accesslatina
Bmedia
CPE
codetrotters
eopuertorico
ferraiuoli
firstbank
fundacionaireko

fundacionbancopopular

libertylogo
oriental
piloto
prcoffeeroasters
prfarmcredit
TOTE