Puerto Rico's strategic location and entrepreneurial ecosystem are propelling the island into a new era of innovation and economic growth, with a focus on homegrown businesses and local STEM graduates.
Tax incentives, federal investments in startups, and programs like Parallel18 are fueling Puerto Rico's entrepreneurial spirit, leading to the creation of innovative ventures like Raincoat.
Raincoat, an insurance startup, was founded by Jonathan Gonzalez in response to Hurricane Maria, specializing in automated climate insurance to provide fast financial assistance to those in need.
The Puerto Rico Science, Technology & Research Trust supports programs that nurture innovation, offering funding, mentorship, networking, and resources to help entrepreneurs develop and scale their ventures.
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