Who May Participate
What We’re looking for
- Emerging businesses operating for at least 1 year to a maximum of 6 years
- Original project of the team
- Revenue stage
- A team with at least two members
- Less than $500K in revenue and $100K in liabilities
- At least one member with industry expertise preferred
- Evidence of customer validation preferred
- Full-time dedicated team preferred
About Enterprize
The EnterPRize Competition is Guayacán’s oldest and most established program, offered uninterruptedly since 2005. Throughout the years it has evolved from an idea to a business plan competition, and most recently to a business building competition focusing on existing start-up ventures with early sales traction. The program offers a robust curriculum of entrepreneurial education workshops covering topics from Lean Start-Up Methodology to Intellectual Property Protection, Marketing & Sales, Financials & Revenue Models, and Investment Readiness.
This is coupled with a series of coaching sessions where participants get the opportunity to pitch their ventures to a panel of local mentors that provide feedback and guidance throughout the competition. Additionally, participants benefit from mentoring and office hours with U.S. and international-based angel investors. Competition finalists are eligible to compete for $30,000 in cash prizes sponsored by GGI, as well as Special Track Prizes sponsored by our corporate partners. In 2024, Track Prizes amount to over $235,000.
Some of the most exciting up-and-coming businesses in Puerto Rico are EnterPRize alumni.
THE PROGRAM
EnterPRize lasts about six months and workshops are run on the weekends. Participants will be learning about topics that will help them accelerate business growth.
Educational workshops
Opportunity to compete for seed capital prizes
Coaching sessions
Access to our local and global network
One-on-one coaching opportunities
Access to in-kind and discounted professional services
Opportunity to pitch at Demo Day
PROGRAM IMPACT
EnterPRize has provided startups with access to workshops, mentoring and equity-free seed capital since 2005. Here are some of the milestones our program has achieved:
Grupo Guayacán has been key to our success as business owners and entrepreneurs. We have become alumni of many Grupo Guayacán programs as they have been with us through the years, from the idea validation process to also becoming partners in our business through seed capital investment. Most recently, they have supported us with important coaching and mentoring in their Scale Up program.
This ecosystem has been an important connection point for our entrepreneurial community, from matter experts to connecting with other entrepreneurs to share ideas and collaborate.
– Daniel Rivera
Co-Founder & CFO, Molcajete Foods
I-Corps PR Cohort 14, EnterPRize 2017, Scale Up
ENTERPRIZE AWARDS
FIRST PLACE
$25,000
$5,000
SCALE UP
HEALTH INNOVATION
UNO CON EL AMBIENTE
SÍ SE PUEDE
DRIVE YOUR AMBITION
AGRIFOOD ENTREPRENEUR
INNOVATION & TECHNOLOGY
WOMAN ENTREPRENEUR
B. FERNANDEZ FOOD ENTREPRENEURSHIP
ARTS & CULTURE
STUDENT ENTREPRENEUR
TRUE SELF AWARD
What are you waiting for?
Grupo Guayacán acts as a fundamental bridge, connecting high-potential startups with business education, strategic connections, and capital, facilitating the tools we need to structure and strengthen the operations of our businesses. As the Founder of Materia Madura, a local industrial design company that focuses on reusing waste as a resource to create functional and sustainable products, this is precisely what we needed to take our company to the next level. By betting on our growth, Grupo Guayacán offers us the opportunity to create a greater impact in terms of sustainability in Puerto Rico, and in return, the business education, strategic partnerships, and capital they have provided us ensures the sustainability of our business in the long term.
– Ana Cristina Quiñones
Founder & CEO, Materia Madura
EnterPRize 2022
MOVING
PUERTO RICO
FORWARD