Grupo Guayacán

San Juan Tech Meetup to host venture accelerator event

Written by Michelle Kantrow

Saying that venture accelerators “are spawning thousands of companies every year,” Ken Kay founder of San Juan Tech Meetup announced the group will be hosting a forum titled “What is a Venture Accelerator?” this Thursday, starting at 6 p.m. at the Capitol.

“This event will explain what role venture accelerators play in the innovation ecosystem,” he said.

One of the featured speakers will be Laura Cantero, executive director of Grupo Guayacán, who will talk about the Guayacán Venture Accelerator, the only venture acceleration program in Puerto Rico designed to enhance the growth of established companies.

“We’re thrilled to collaborate with Ken and with the SJTM. The Guayacán Venture Accelerator is a unique opportunity for Puerto Rican entrepreneurs who are interested in growing their business exponentially,” said Cantero.

“Our graduates are our best representation, successful companies that are intent on growing despite tough economic conditions and who are leaders for economic development by putting the island on the map of a highly competitive global market,” she said.

The GVA prepares companies to evaluate their business model, incorporate strategies for rapid growth, determine the amount and type of resources needed to execute these new strategies and present their new plan to potential investors.

Three GVA graduates will speak about the impact the program has had on their companies; graduates include Luis Cruz, of Safety Tracker Software, Alberto Lugo, of Invid, and Yoel Rivera, of Ultimate Solutions.

“Survival mode is the main operating principle through an incubation process. In contrast, after an acceleration program, the entrepreneur’s mindset drastically changes,” said Rivera.

To register for the event that is open to entrepreneurs, designers, artists, students, investors, and techies, click here.

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