New Program Supports Technology Commercialization in Puerto Rico
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The Puerto Rico Science, Technology & Research Trust has directed funding to a new program called PRO-TECH. The program will bring together technology industry leaders and entrepreneurs for a four-month training camp to generate ideas for technology start-ups. The top five business ideas will receive product development and marketing funding in order to stimulate business innovation through technology in Puerto Rico. The goal is to create jobs for new engineering and technology graduates who might otherwise leave Puerto Rico for work.
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- 1. New Program Supports Technology Commercialization in Puerto Rico Julio Herrera Velutini
- 2. New Program Supports Technology Commercialization in Puerto Rico Hailing from a long line of entrepreneurial bankers in Venezuela, Julio Herrera Velutini currently serves as the chairman of an international bank based in Puerto Rico. Julio M. Herrera Velutini also supports his community through a nonprofit that contributes to arts and technology initiatives.
- 3. New Program Supports Technology Commercialization in Puerto Rico To stimulate business innovation through technology in Puerto Rico, the Puerto Rico Science, Technology & Research Trust recently directed funding to a new program called PRO-TECH . The program will bring together technology industry leaders and entrepreneurs for a four-month-long training camp, where they will work to generate ideas for technology start-ups. The top five business ideas will earn product development and marketing funding.
- 4. New Program Supports Technology Commercialization in Puerto Rico The organization partnered with the Small Business Administration, the CCE, and the Institute Founders Chapter of Puerto Rico to support the creation of technology-based companies. Through the initiative, the organizations hope to create positions for new engineering and technology graduates who might otherwise be recruited by businesses outside of Puerto Rico.