ICON Conference Event 2022 Pamphlet by BASED. Magazine

November 8-9 PR ICON 2022

PUERTO RICO TRANSFORMATION-INNOVATION EMPOWERMENT

Welcome to ICON!

November 8-9, 2022

Our Puerto Rico ICON Institute team would like to welcome you to our second edition of the Puerto Rico ICON Conference. With a solid roster of top leaders in a wide range of industries and a captivating agenda highlighting relevant topics in business and investment, our ICON Conference positions itself to be the center for innovation. In line with our organizational value of supporting local entrepreneurship, this year’s edition includes Mentorship Day, a free half-day event dedicated to empowering rising entrepreneurs with the tools needed to propel the growth of their small businesses and startups. Guided by our firm belief in the power of people and their ideas, our organization envisions a stronger Puerto Rico full of many opportunities shortly. We understand that for the island to become a leading business destination successfully, its substantial human capital and competitive advantages must be met with adequate resources. At the ICON Institute, we propose to fulfill that missing link: a collaboration among the most extraordinary business minds to create a significant impact on the island. Our nonprofit organization is entirely devoted to Puerto Rico’s economic development, starting with the support of local entrepreneurship. We want to thank you for joining us at ICON 2022, as together we construct a brighter future for Puerto Rico. If you would like to become involved and join our continuing efforts in upcoming projects, please reach out: to info@iconpr.org. - ICON TEAM

Karla Barrera

Valeria Santana

Alondra Prieto Martinez Communications Director

Co-Founder Puerto Rico ICON Institute

Outreach Coordinator

Happy Walters

Ricky Santana

Co-Founder Puerto Rico ICON Institute

iconpr.org

ICON Mentorship Day At ICON, we recognize the significance of entrepreneurship; small businesses and startups are the backbone of our local economy and our strongest hope for healthy economic growth. In line with our mission of promoting entrepreneurship to facilitate economic development, we are proud to organize the first-ever ICON Mentorship Day, a free half-day event designed to empower emerging entrepreneurs. Our ICON Conference features some of the most talented business minds in the world, who, through years of experience, have acquired high levels of expertise and wisdom. Through our Mentorship Day event, we seek to help rising entrepreneurs reach greater levels of success by connecting them to established business leaders with the intellectual capital and seed money needed to propel their efforts. While our goal requires great determination and perseverance, we believe that by joining efforts, we can make Puerto Rico a productive ecosystem for future entrepreneurs looking to start and grow their businesses. If you are interested in becoming part of this mission by investing seed capital or through direct mentorship, please reach out to get connected: info@iconpr.org. - PUERTO RICO ICON INSTITUTE

iconpr.org

7:30 - 8:45 AM

REGISTRATION

8:45 - 9:00 AM

INTRODUCTION - ICON CONFERENCE

9:00 - 9:50 AM

Real Estate Impact Investment Jacobo Ortiz-, Federico Stubbe, Ricky Santana (Moderator)

Rebooting Puerto Rico’s Food Security

9:55 - 10:35 AM

Crystal Díaz, Ángel Santiago, Mikol Hofmann, Linda Vester Greenberg (Moderator)

10:40 - 11:30 AM

Jordan Fried, Todd Kramer, Flex Chapman, Crystal Rose Pierce (Moderator)

11:35 - 12:25 PM 12:25 - 1:25 PM 1:25 - 2:15 PM 2:20 - 3:10 PM

NFTs- Past, Present and Future

Navigating the Reversal of Puerto Rico’s Brain Drain

Tony Navarro, Isabel Rullán, Franco Mondo (Moderator)

LUNCH Blockchain - Evolution from Financial Disruptor to Digital Cornerstone Joey Krug, Sam Cassatt, Andrew Keys (Moderator)

Puerto Rico’s Energy Transformation Spencer Sloan, Fermín Fontanés, BJ Ducey, Manuel Ortíz (Moderator)

3:15 - 4:05 PM

Insights into Biotech and the World of Healthcare

4:10 - 5:00 PM

The Emerging Psychedelic Industry

5:05 - 6:05 PM

Dr. Basil M. Hantash, David Kim, Steve Wiggins (Moderator)

Enrique Alonso, Chris McElvany, Daniel Carcillo, William Rosellini (Moderator)

Investment Opportunities in Puerto Rico Omar Sinoveev, Gualberto Rodríguez, Anita Pramoda, Hiram Pérez, Rodolfo Sánchez-Colberg (Moderator)

6:10 - 6:15 PM

Closing Remarks

6:15 - 9:00 PM

CLOSING COCKTAIL & NETWORKING EVENT

11:30 AM - 12:30 PM

REGISTRATION - MENTORSHIP DAY INTRODUCTION

12:30 - 12:40 PM 12:45 - 1:15 PM

Interactive Dynamic: “Creative Tensions” Dana Montenegro

Nuances of Raising Capital

1:20 - 2:05 PM

Omar Zinoveev, Jonathan González, Henry Keenan, Demiban Díaz, Brian Bourgerie (Moderator)

2:10 - 2:55 PM

Brenda Marrero, Juan Parra, Luke Todesco, Mónica Rocafort (Moderator)

3:00 - 3:45 PM

Gustavo Díaz Skoff, Ricardo Álvarez Díaz, Alberto Bacó Bagué, Ricky Santana (Moderator)

From Startup to Scaleup

The Entrepreneur’s Toolkit: Incentives The Founder’s Dilemma

3:50 - 4:20 PM

Will Rosellini

An Investor’s Roundtable

4:25 - 5:10 PM

Lee Underwood, Enrique Alonso, Waikit Lau, Happy Walters

5:10 - 5:25 PM

Closing Remarks

5:30 - 6:30 PM

CLOSING COCKTAIL & NETWORKING EVENT

PUERTO RICO TRANSFORMATION-INNOVATION EMPOWERMENT

MENTO

ORSHIP “The delicate balance of mentoring someone is not creating them in your own image, but giving them the opportunity to create themselves.” — Steven Spielberg

Interactive Dynamic: “Creative Tensions” Dana Montenegro

Wovenware/Seriously Creative

Dana Victor Montenegro is a design strategist, innovation facilitator, entrepreneurship advocate, and creative problem-solving expert with nearly two decades of experience working at the intersection of human needs, business mission, and technological and organizational capability. He likes to work on abstract and complex issues, where collaboration is needed when creativity will make the difference, and new, meaningful, and practical solutions are required. He has been Design Director at Fjord Design & Innovation, Driver of Innovation at Red Bull, Design Strategist and co-founder of SeriouslyCreative, co-founder of an environmental and sustainability startup, and today is head of design for A.I. and software company Wovenware.

Omar is a Portfolio Manager at Popular Impact Fund. Before that he worked at M&A/Corporate Development as Senior Manager. He graduated from Radford University with a BBA in Finance & Accounting.

Nuances of Raising Capital

Popular Impact Fund encourages innovative entrepreneurs who promote change and progress. The Fund promotes the growth of companies that present innovative solutions to solve social and economic challenges.

Dana Montenegro Omar Zinoveev Wovenware/Seriously Creative Popular Impact Fund

Nuances of Raising Capital

The Fund allocates an initial amount of $15 million to make minority investments in private companies that are raising capital in Puerto Rico, Virgin Islands, and the United States.

Jonathan is a serial entrepreneur specializing in user experience and consumer-facing technologies. He is an active member of the local startup community and is an alumnus of R.E.P., Parallel18, Guayacan, Alphalab Gear (Pittsburgh), and Techstars (N.Y.C.). He studied computer engineering at the University of Puerto Rico Mayaguez campus and started his career as a User Experience Product Manager at Microsoft (Seattle). From there, Jonathan co-founded and led Kytelabs, a venture-backed IoT startup and the first of its kind from Puerto Rico. Inspired by the aftermath of Hurricane Maria, Jonathan co-founded Raincoat, a venture-backed insurtech that develops fully automated climate insurance.

Jonathan González

Wovenware/Seriously Creative Raincoat

Nuances of Raising Capital

Henry is the founder and Chief Executive Office of R.E.D. Atlas. Before founding the company, he led the research team for J.L.L. in Puerto Rico and the Caribbean. During his time at J.L.L., he spearheaded several initiatives for the firm, including creating a searchable automated valuation model and database that serves multiple Fortune 500 accounts in the region, led a research initiative aimed at the reshoring of Pharmaceutical and Medical Device manufacturers to Puerto Rico, and managed the internship program for J.L.L. in the Caribbean.

Henry Keenan Red Atlas

Demiban was born and raised in Morovis, Puerto Rico. He is a first-generation college graduate in Electrical Engineering. Demibán has 8+ years of experience in product and software development across regulated and commercial industries such as bio-pharma, aerospace, medical devices, and digital marketing. As an entrepreneur, Demibán is the Co-Founder & C.E.O. of Hyperion Finance. Hyperion recently raised over $1M in funding to launch an all-in-one finance and banking app for S.M.B.s.

Nuances of Raising Capital

Demiban Díaz Torres Hyperyon

Brian is a serial entrepreneur and ecosystem builder. He has worked with and launched companies ranging from hardware and blockchain technology to textiles and events. With a decade of experience in online capital-raising, launching funding platforms and initiatives, Brian has assisted dozens of organizations and hundreds of companies in raising capital and has had multiple "firsts' in the industry. Currently, he leads Innovation, Investment, and Entrepreneurship efforts for Invest Puerto Rico and is the co-founder of Uncommon EntrePReneurs, the largest networking group in the Caribbean.

Nuances of Raising Capital

Dana Montenegro Brian Dana Montenegro Brian Bourgerie Bourgerie Uncommon EntrePReneurs Wovenware/Seriously Creative Uncommon EntrePReneurs Wovenware/Seriously Creative

From Startup to Scaleup

Brenda is a Human Resources Entrepreneur and Visionary with over 20 years of leadership and experience in the Staffing and Outsourcing industries. She has intense passion and focused drive which allows her to develop dreams into concrete realities. Today, she is a leader in businesses and social organizations focused on the development of people, culture and social well-being. Brenda Marrero & Associates, her first company, was founded in 1997. Since then, her search for innovation has led her to develop different businesses to meet market needs.

Brenda Marrero

Wovenware/Seriously BMA Group Global Creative

CEO & Co-founder of Skootel, Puerto Rico’s first and largest shared mobility service, Parra most recently led the enterprise growth marketing team at Toptal and was Head of Marketing at Accelo, both hyper growth achieving startups. Juan has raised over $20 million in angel and venture capital funding and received an undergraduate education at the University of Puerto Rico at Humacao and an executive education at Stanford University.

From Startup to Scaleup

Juan Juan Parra Parra Skootel Skootel

From Startup to Scaleup

Luke is a progressive, professional Executive and Entrepreneur whose career has been defined by consistent success in developing start-up businesses and shaping them into profitable, growth-driven enterprises. Keen expertise in negotiations, innovative entrepreneurial abilities, and a respected Leader.

Luke Todesco Gustazos

Mónica Rocafort is a Business Development Manager at Parallel18. She has a Juris Doctor & MBA from University of Puerto Rico, Rio Piedras Campus.

From Startup to Scaleup

Dana Mónica Montenegro Rocafort Parallel18 Wovenware/Seriously Creative

The Entrepreneur’s

Toolkit: Incentives

Parallel18 is a program of the Puerto Rico Science, Technology, and Research Trust, a private non-profit organization created with the goal of maximizing Puerto Rico’s participation and creation of jobs in the global knowledge economy by promoting investment and financing of science and technology research development. The organization manages and hosts over a dozen initiatives that range from grants and technical support to meetups and educational resources for researchers, entrepreneurs, farmers, investors, and other groups.

Ricardo is the Co-founder and C.E.O. of Álvarez-Díaz & Villalón® | Architecture & Interior Design. Recently chosen as one of the Best 300 Architecture firms in the U.S. by Architectural Record, his firm has been recognized with numerous local and international design awards for its work in the United States, Central America, South America, and the Middle East. Álvarez-Díaz began his professional career in New York, working for the renowned architect Robert A.M. Stern. He studied in Italy and the United States at the University of Notre Dame's School of Architecture and studied Finance and Real Estate at Harvard University's Graduate School of Design.

Ricardo Álvarez-Díaz

Wovenware/Seriously Creative Álvarez-Díaz & Villalón

The Entrepreneur’s

Toolkit: Incentives

Alberto Bacó Bagué RE CAPITAL, LLC

Alberto Bacó Bagué is a lawyer, a certified public accountant (CPA), and a legal and financial advisor actively participating in boards of directors and corporate governance issues. Bacó served as President of the Puerto Rico Economic Development Bank from 1990 to 1993. Previous to that, he was Executive Vice President of the Puerto Rico Government Development Bank from 1989 to 1990. He also served as General Counsel at the Office of the Commissioner of Financial Institutions from 1986 to 1989 and was a member of the Board of Trustees of the University of Puerto Rico from 2004 to 2006. In the private sector, Bacó was President and Chief Executive Officer (CEO) of Marvel International and Bohío International from 2005 to 2011.

Rosellini is the President of CytoImmune Therapeutics, a biotechnology company with manufacturing operations in Puerto Rico. Cytoimmune utilizes the body's immune system to eliminate cancer cells. He has previously been the C.E.O. of Perimeter Medical; an A.I. company that has launched a medical device to minimize complications from breast cancer surgery; Nexeon, a deep brain stimulation device that utilized machine learning to optimize stimulation parameters from brain signals and a vagus nerve stimulation company Microtransponder that has received F.D.A. approval for its implantable neurostimulation solution for stroke rehabilitation. He is a former minor league pitcher with the Diamondbacks of the Arizona League and holds a J.D., M.B.A., MS in Accounting, MS in Computational Biology, MS in Neuroscience, and M.S. in Regulatory Science. Lee is the founder and CEP of Constellation Associates, LLC. A Qualified Purchaser Family Office that invests in direct deals ("Angel Investments" in Startups) as well as alternative investment funds that have asymmetric risk profiles. They look for niche funds that have a sustainable competitive advantage and aim to deliver compelling risk adjusted returns on an after tax basis.

The Founder’s Dilemma

Will Rosellini

CytoImmune Therapeutics

An Investor’s Roundtable

Constellation Associates, LLC also has the ability to act as an institutional placement agent for funds that we are investing in. Lee has focused exclusively on investing in and fundraising for Alternative Investments for 25+ years and is a Registered Rep with Foreside Fund Service, LLC which is not affiliated with Constellation Associates, LLC or affiliates.

Dana Montenegro Lee Underwood Constellation Associates Wovenware/Seriously Creative

An Investor’s Roundtable

Enrique Alonso is an active venture capital investor and the Founder and General Partner of Ocama Partners, a private investment vehicle seeking advancements in mental health through science and technology. Formerly Enrique was a Principal with S.J.P. Properties, a commercial real estate investment and development firm based in New York City, a Director with the National Basketball Association, and a Management Consultant with Bain and Company. Enrique sits on the Board of Governors of the Real Estate Board of New York (REBNY) and the Citizens Campaign.

Enrique Alonso

Wovenware/Seriously Creative Ocama Partners

Waikit Lau has founded multiple companies, one taken public (Magnate - NASD: MGNI) and two acquired (by GoDaddy and Airnow). He had been a venture investor at Bessemer Venture Partners and an early-stage angel investor in category leaders such as Circle (USDC issuer), Ginkgo Bioworks (NYSE: D.N.A.), Commonwealth Fusion Systems, Endeca (Oracle), PathAI, Axelar (A.X.L.), Hedera Hashgraph (HBAR), Celestia, etc. More recently, he taught a blockchain seminar at M.I.T. Prior lives to include starting and running the world's largest deep learning community and working for the C.I.O. at Merrill Lynch. He holds Bachelor's degrees in Electrical Engineering, Computer Science, and Finance from M.I.T. and an M.B.A. from Harvard Business School.

An Investor’s Roundtable

Waikit Lau RemoteHQ

SPEA

KERS

Real Estate Impact Investment

Jacobo Ortíz

Jacobo Ortiz Blanes is the founder and President of Las Brisas Property Management, a full-service commercial real estate firm located in Puerto Rico, with over three million square feet of office, industrial, retail, and residential assets under management. Its client base includes several well-known local financial institutions and state-side investors, namely, Banco Popular, Caribbean Properties Group Real Estate Investment Trust/Goldman Sachs (CPG REIT/GS), Lone Star Funds, Capital Crossing, W.M. Capital Partners and Caprock Partners,amongst others.

Las Brisas Property Management

Real Estate Impact Investment

Dana Montenegro Federico Stubbe PRISA Group Wovenware/Seriously Creative

Real Estate Impact Investment

Federico Stubbe Jr. is CEO of PRISA Group, a family-owned developer and builder of residential, resort, hospitality, healthcare, gaming and entertainment projects in Puerto Rico and Florida. PRISA is developer, builder and partner in the $1.5 billion, 1,400-acre Dorado Beach Resort. During the last eight years, the firm has completed over $1.5 billion in tourism-related projects on time and on budget, including the $340 million Dorado Beach, A Ritz-Carlton Reserve and Residences, three Hyatt Place hotels, one Hyatt House hotel, and two casinos. PRISA’s Hyatt portfolio resulted in it being named Hyatt’s 2014 Americas’ Developer of the Year. In addition, the firm has six residential projects in various stages of construction with prices ranging from $470,000 to $19 million. Throughout the years, Ricky has developed and hosted a series of events in the diverse areas of health, finance, fundraising, and charity for professional athletes. He has recently created two local events, Opportunity Zone Investors Conference Puerto Rico (OZ19) and Puerto Rico Investors Conference (ICON). Both events were designed to stimulate investment and entrepreneurship on the island. In 2021, Ricky founded the Puerto Rico ICON Institute, a nonprofit organization created to fulfill his commitment to support local entrepreneurship and propel economic development in Puerto Rico.

Ricky Santana

Wovenware/Seriously Creative ICON PR

Rebooting Puerto Rico’s Food Security Crystal Díaz PRoduce

Crystal is a foodpreneur obsessed with food, the countryside, and the origin of what we eat. She is the Co-Founder, CXMO, and Co-CEO of PRoduce. PRoduce is a digital grocery marketplace on the island that aims to promote local food consumption by connecting Puerto Rican producers with consumers and chefs who want to eat foods grown and processed locally. PRoduce offers an app and website where people can choose whatever they want and the option to subscribe for weekly or biweekly deliveries. Crystal is also the owner of El Pretexto, the owner of El Pretexto, a Culinary Farm Lodge where 100% locally sourced food is served in guests' breakfasts and dinners.

Ángel Santiago is Co-founder and Chief Business Officer of Grupo Navis, a scaling platform that makes strategic investments in high-potential companies in the wellness space, H.Q. in Puerto Rico and targeting businesses across the Americas. This Puerto Rican social entrepreneur and board member have a profound commitment to the island's sustainable agricultural efforts. He has advised the Department of Agriculture of Puerto Rico in strategic planning to boost the development of local crops for export. He has also led nutrition policy efforts at the Federal Government and has been invited to specialized groups such as Tufts University's Food and Nutrition Innovation Council. Angel currently serves as Caribbean Produce Exchange's President & C.E.O., Grupo Navis legacy portfolio company.

Mikol is the Director of World Central Kitchen’s Food Producer Network, an initiative to support communities impacted by climate change by building resilient local food systems and strengthening food security. The program works in disaster-prone regions in the Caribbean and Central America, with plans to expand further in the years to come. Mikol has been promoting local food systems for over a decade through her expertise in business development, operations, and project management, with her work centering around disaster recovery and agritourism. She speaks five languages and is a published food and travel writer.

Rebooting Puerto Rico’s Food Security Angel Santiago Grupo Navis

Rebooting Puerto Rico’s Food Security Dana Mikol Montenegro Hoffman World Central Kitchen Creative Wovenware/Seriously

Linda Vester is a philanthropist, documentary filmmaker, and former television news correspondent. For fifteen years, she traveled the world, covering everything from the White House to war zones for N.B.C., MSNBC, and Fox. In 2006, she produced the award-winning documentary "Back Home" about the Rwandan genocide. Linda graduated magna cum laude from Boston University with a bachelor's degree in journalism. She earned an honors diploma from the Sorbonne in Paris and was a Fulbright Scholar of Middle East affairs in Egypt. Currently, she serves on the Institute of International Education and the Summer Steps Program boards. She jointly manages a family foundation with her husband, financier Glenn Greenberg. Jordan Fried is a blockchain evangelist and crypto-capitalist. He's currently the Chairman and C.E.O. of Immutable Holdings (N.E.O.:HOLD), the publicly-traded blockchain holding company that owns and operates NFT.com, 1800Bitcoin.com, CBDC.com, Immutable Asset Management, HBAR.com, and more. Previously, Jordan was a founding team member of Hedera Hashgraph, where he served as Senior Vice President of Business Development from inception in 2017 until the end of 2020. Jordan also co-founded and served as C.E.O. of Buffered VPN was the fastest-growing personal VPN service until it was acquired in the first quarter of 2017. Jordan is an angel investor in companies like Buffer.com, Clearview.ai, Hive.org, and other early-stage startups. Jordan has been featured in Wired Magazine, Entrepreneur Magazine, Inc. Magazine, Time.com, and Success.com.

Rebooting Puerto Rico’s Food Security Linda Vester Greenberg

Wovenware/Seriously Creative Institute of International Education

NFTs Past, Present & Future Jordan Fried Immutable Holdings

NFTs Past, Present & Future Todd Kramer Ross+Kramer

Todd Co-Founder of Ross + Kramer Gallery in NYC. Ross + Kramer Gallery specializes in exhibiting and bringing to market a wide variety of blue- chip artworks by established artists while also housing a strong primary program offering. RKG provides clients unparalleled advice for acquiring art — whether for someone making a first purchase or a seasoned collector looking to add to an already established collection. RKG is dedicated to cultivating a dynamic roster of artists in both its primary program and the secondary market, with imaginative exhibitions that source both the rising stars of the art world and those who are already landmarks.

Flex Chapman is the co-creator of The Krause House, a community of basketball fans on a mission to own and operate an N.B.A. franchise as a D.A.O collectively. His responsibilities include many of the initiatives activating growth, community, and product. His background is in software engineering and product design.

NFTs Past, Present & Future Dana Montenegro Flex Chapman

“What Chapman and Krause House aren’t afraid to do is think big. The parameters of what's possible in the landscape of WEB3 is really untapped. The organization hasn’t even been fully running for a year and already they’ve raised $5 million through NFT sales.” - (one37pm.com)

The Krause House Wovenware/Seriously Creative

NFTs Past, Present & Future

Crystal Rose is the Founder and CEO of MakeSense Labs: makesense.com. Active event speaker and technology evangelist: crystalrose.me Crystal Rose is a technologist and lifelong entrepreneur. She is the Founder and CEO of MakeSense Labs, a technology company building the SENSE blockchain protocol and Sense.Chat, the secure decentralized messenger. Crystal is on the Board of the Integro Foundation, a non-profit based in Puerto Rico serving grants to charitable organizations for disaster relief and sustainability efforts.

Crystal Rose Pierce

Wovenware/Seriously Creative MakeSense Labs

Navigating the Reversal of Puerto Rico’s Brain Drain Tony Navarro Red Ventures

Mr. Navarro is a technology leader with robust expertise in launching and investing in disruptive business models. Most recently, he served as founding C.E.O. of Nave Money, a challenger neobank in formation. Since 2020, Tony has led a team of over 150 at Red Ventures, where he focused on digital businesses across technology, finance, consumer, and travel. Before this experience, he led global corporate development at IMAX Corp, where he launched innovative consumer offerings across A.I., virtual reality, and streaming services. Tony also spearheaded the IMAX China I.P.O. as part of the deal team and drove an $80 million private equity transaction with leading Chinese investors.

Isabel Rullán is the Co-Founder and Executive Director of ConPRmetidos, a nonprofit organization in Puerto Rico, which she co-founded at age 24 and is playing a pivotal role in the island's recovery. Since Hurricanes Irma and María devastation, Isabel and her team have distributed over 3 million dollars for ConPRmetidos programs to assist vulnerable communities throughout the island to help create a stable, productive, and self-sufficient Puerto Rico. Before launching ConPRmetidos, Isabel worked as the Production Manager of the documentary "Mala Mala," a groundbreaking film about the challenges faced by the transgender community in Puerto Rico. Isabel is a Fellow of the Rockefeller Foundation Global Program on Social Innovation and a member of the Vital Voices Global Ambassadors Program.

Franco Mondo is a visionary and a dreamer dedicated to developing creative business solutions that transform his client's ideas into productive endeavors. He achieves this by understanding the motivation behind every project and aligning people, processes, and technology to deliver the desired results. For over 15 years, he has led the business development for the B.M.A. Group, a Puerto Rico company recognized as the region's largest multi-Latin Staffing and Outsourcing Company. In this role, he has achieved double-digit growth and is responsible for the company's expansion into 23 countries in the Americas, the Caribbean, and Europe.

Navigating the Reversal of Puerto Rico’s Brain Drain Isabel Rullan ConPRmetidos

Navigating the Reversal of Puerto Rico’s Brain Drain Dana Montenegro Franco Mondo B.M.A. Group Wovenware/Seriously Creative

In 2013, Joey built a point-of-sale system enabling Bitcoin payments with sound and Bluetooth. In 2014, he left Pomona College to co-found one of the first projects on Ethereum, Augur, a decentralized prediction market platform and solution to the oracle problem designed to allow people to speculate on anything. He also started an AngelList syndicate, now in the top 15 by backing. In 2017, he joined Pantera Capital as Co-CIO to help oversee various funds' investments. Pantera Capital is the first institutional investment firm focused exclusively on bitcoin, other digital currencies, and companies in the blockchain tech ecosystem. Pantera launched the first cryptocurrency fund in the United States when bitcoin was at $65/BTC in 2013.

Sam Cassatt is a technologist, and humanitarian focused on building decentralized systems that are open, transparent, and enable financial inclusion. His work on Ethereum, starting in 2014, was pivotal to the success of that project and its ubiquity today. In his previous role as Chief Strategy Officer of ConsenSys from its inception until 2019, Sam led the selection and incubation of companies from MetaMask to Truffle and Infura. He spread the message about the power of blockchain-based identity and banking the unbanked, from speaking at the United Nations and the San Francisco W.E.F. Center to empowering dozens of community groups worldwide.

Joey Krug

Wovenware/Seriously Creative Pantera Capital

Blockchain Evolution from Financial Disruptor to Digital Cornerstone

Sam Cassat

Immutable Holdings

Andrew Keys DARMA Capital

Blockchain Evolution from Financial Disruptor to Digital Cornerstone

Puerto Rico’s Energy Transformation

Dana Montenegro Spencer Sloan

Co-Founder & President - Digital Asset Risk Management Advisors (DARMA Capital): Andrew spearheads investing and product strategy at DARMA Capital. DARMA Capital is a CFTC-registered commodity pool operator and commodity trading advisor focused on blockchain technology with over $1B in firmwide assets. Before joining DARMA, Andrew was part of the founding team and Head of Global Business Development at ConsenSys — the world's leading Ethereum blockchain software engineering company, and co-founded ConsenSys Capital, the financial services arm of ConsenSys.

Spencer is the co-founder and president of Javelin Global Commodities, a marketing, trading, and financing firm in the energy, steel, industrial and renewable markets. In addition, Javelin is also an early-stage investor and developer in renewable generation and fuels, including solar, wind, biomass, and hydrogen-related markets. Javelin is currently the lead developer in over 1.5 GW of generation and is a member Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES). Before founding Javelin in 2015, Spencer had 15+ years of experience in investment banking and private equity at Goldman Sachs and Morgan Stanley.

Javelin Global Commodities Wovenware/Seriously Creative

Puerto Rico’s Energy Transformation

Fermín Fontanés

Wovenware/Seriously Creative P3A

Puerto Rico’s Energy

Fermín Fontanés currently serves as Executive Director of the Puerto Rico Private-Partnerships Authority (P3A). Fontanés is responsible for leading and managing the recently announced public-private partnership (P3) agreement for the transformation of Puerto Rico’s electric power Transmission and Distribution system (T&D). Through his role in P3A, he is in charge of several innovative P3 infrastructure projects including, the advance metering system for the Puerto Rico Aqueducts and Sewers Authority, the cruise terminals of the Puerto Rico Ports Authority and improvements to the transportation services for the Maritime Transportation Authority.

BJ Ducey is an Energy industry executive with experience in business development, marketing, project development, technical sales, account management, organizational development and process development. He works as Senior Vice President for Quanta Services in Houston, Texas.

Transformation

Specialties: Electric Power Infrastructure Projects, Strategic Pricing and Project Development.

BJ Ducey

Quanta Services

Mr. Ortiz is a prominent Democratic strategist and widely recognized as one of Washington's top lobbyists. Manuel has frequently been featured in national media for his lobbying acumen, including by CNN, The New York Times and the National Law Journal, Washingtonian Magazine, and The Hill newspaper, where he has been profiled as a top lobbyist for seventeen years in a row. He is a trusted corporate advisor to Fortune 50 C.E.O.s and global leaders who depend on him for his Washington ties and strategic advice. He leads his team in developing comprehensive plans and strategies to address complex issues.

Puerto Rico’s Energy Transformation

Manuel Ortíz VantageKnight

Dr. Hantash is a serial entrepreneur who has successfully founded multiple healthcare companies. During his career, Dr. Hantash has acquired over a dozen life sciences products in medical devices, diagnostics, small molecule drugs, biomaterials, cosmeceuticals, nutraceuticals, cell therapy, and nanotechnology. In addition, he has served on the founding team of over ten medical device and biotech startups, accumulating 18 years of operational experience, including executive, B.O.D., S.A.B., and consultant roles. Dr. Hantash's intellectual property has led to the development of several breakthrough medical devices and skin care products, and his R&D efforts have led to the completion of 4 acquisitions, over a dozen F.D.A. approvals, >100 issued and pending patents, >165 scientific peer-reviewed articles, abstracts, and book chapters, and the creation of over $1B of shareholder value. David Kim founded Ghost Tree Capital in 2013, a hedge fund focused on healthcare innovation, principally in biotechnology. He manages the firm's investment portfolio and oversees all athletic activities. Before founding Ghost Tree Capital, Dr. Kim was a portfolio manager at Diamondback Capital Management, L.L.C. since 2006, where he ran a healthcare long/short equity portfolio. He began his public equity investing career at Citadel Investment Group, where he was first an analyst covering medical devices and later ran a medical technology and services portfolio. He previously worked in private equity as an associate at Centre Partners Management L.L.C., focusing on leveraged buyouts and structured growth equity investments across various industries. Before Centre, Dr. Kim started his Wall Street career as an Investment Banking analyst in the Financial Sponsors Group at Lehman Brothers.

Steve Wiggins is a healthcare entrepreneur, investor, and mentor. He has launched nine businesses from the napkin/whiteboard stage. One grew to rank among the 300 largest U.S. companies (Oxford Health Plans) during his time as Chairman and C.E.O. Another became the leading company in the emerging healthcare bundled payments (Remedy Partners), managing over $7 billion of annual health spending. Steve spent ten years as the Managing Director of the healthcare private equity firm E.W. Healthcare Partners, where he headed the firm's primary office in New York City and led the Health Services and Technology practice.

Insights into Biotech and the World of Healthcare Dana Montenegro Dr. Basil M. Hantash Adavnaced Skin Institute Wovenware/Seriously Creative

Insights into Biotech and the World of Healthcare David Kim

Wovenware/Seriously Ghost Tree Capital Creative

Insights into Biotech and the World of Healthcare Steve Wiggins Wiggins Ventures

The Emerging Psychedelic Industry

Enrique Alonso Ocama Partners

The Emerging Psychedelic Industry Dana Montenegro Chris McElvany Javelin Global Commodities Wovenware/Seriously Creative

The Emerging Psychedelic Industry Daniel Carcillo

Wovenware/Seriously Creative Wesana Health

The Emerging Psychedelic Industry William Rosellini

CytoImmune Therapeutics

Chris McElvany is the C.E.O. of Lucy Scientific Discovery, Inc (LSDI), a licensed manufacturer of controlled substances dedicated to advancing the frontiers of mind science and facilitating the development of psychotropic and psychedelic treatment therapies. McElvany, a Puerto Rico resident since 2019, manages most aspects of the operating business remotely while dedicating the majority of his time to leading Lucy's financing initiatives and preparing the company for its upcoming NASDAQ IPO. McElvany's journey with psychedelics spans nearly three decades and led him to a career in cannabis, where he was an early vaporizer technology pioneer and co-founder of one of the world best selling cannabis products, O.penVAPE. OrganaBrands, the holding company for O.pen, Firefly, Bakked, District Edibles, and others was sold to Slang Worldwide (SLGWF) in 2019 for $200m USD. Daniel Carcillo is the founder and Chief Executive Officer of Wesana Health; a biotechnology company focused on developing the novel therapies of tomorrow and delivering new care paradigms today. A well-known speaker and advocate on behalf of Traumatic Brain Injury (T.B.I.) survivors and people dealing with mental health challenges, Mr. Carcillo spent nearly a decade researching different treatment regimens and consulting experts to find adequate care for his mental health conditions. In 2019, Mr. Carcillo founded Wesana, bringing together leaders in the biotech and pharmaceutical industries to advance his vision to deliver novel pharmaceuticals that help optimize treatment outcomes for patients with mental health disorders.

Investment Opportunities in Puerto Rico

Omar is a Portfolio Manager at Popular Impact Fund. Before that he worked at M&A/Corporate Development as Senior Manager. He graduated from Radford University with a BBA in Finance & Accounting. Popular Impact Fund encourages innovative entrepreneurs who promote change and progress. The Fund promotes the growth of companies that present innovative solutions to solve social and economic challenges. The Fund allocates an initial amount of $15 million to make minority investments in private companies that are raising capital in Puerto Rico, Virgin Islands, and the United States.

Gualberto Puerto Rican social entrepreneur, food industry executive, investor, and board member with over 30 years of experience. Co-founder of Nutriendo PR, nonprofit addressing health inequities in Puerto Rico by strengthening the nutritional security of its residents. Chairman and co-founder of Grupo Navis, a scaling platform that is investing in wellness companies across the Americas, striving to create shared value for all stakeholders by achieving profitable growth and social impact. Managing Partner and co-founder of Semillero Partners, a venture capital firm investing in purpose-driven sustainable food and food tech companies. Yale School of Management M.B.A., Fordham University B.A. Economics and Political Science.

Omar Zinoveev Popular Impact Fund

Investment Opportunities in Puerto Rico Dana Montenegro Gualberto Rodríguez Grupo Navis Wovenware/Seriously Creative

Investment Opportunities in Puerto Rico

Anita believes that we should make healthcare awesome - wrap ourselves around the patient, help them live the best quality of life they can live, democratize data, make sense out of it, use it to enhance life! She’s excited about how much technology can help and is humbled by how much it cannot do. After all, technology is at best a penultimate step. It is the successful deployment of it, at scale, in service of an important problem that makes all the difference. She’s the Board Director at Duly Health and Care, and Health Catalyst before that. She has an MBA from The Wharton School.

Hiram Perez is the Principal at Nagnoi. With their Data Analytics Services, they have transformed public and private organizations into competitive, knowledge-centered operations, where decisions are not made from a gut-feeling, but rather fact-based and results driven. They are very passionate about what they do, giving their clients unparalleled creativity applying the best practices in every implementation they are part of. Their team are handpicked experts and thought leaders in business technology who stay ahead of the rest through constant innovation.

Anita Pramoda

Wovenware/Seriously Duly Health and Care Creative

Investment Opportunities in Puerto Rico Hiram Perez Nagnoi, LLC

Investment Opportunities in Puerto Rico

Rodolfo Sánchez-Colberg

Mr. Sánchez-Colberg, is the co-founder and Managing Partner of Parliament Capital Management (PCM), a San Juan based fund manager with a focus on direct lending and other credit opportunities. Since the launch of PCM’s investment advisory business in 2015, PCM has originated close to $500MM in loans to small and middle market companies in Puerto Rico and key Hispanic markets in the mainland US. Prior to founding PCM, he served as Chief Executive Officer and Managing Partner of Operating Partners Co, LLC (OPC) and affiliates, a group of companies specializing on investments in credit opportunities and special situations with over $3.3 billion in assets under management, including consumer, commercial and real estate loan portfolios, both performing and non-performing. Through OPC, Rodolfo also led a number of transactions of distressed receivables portfolios and other special opportunities in Latin America and Europe.

Dana Montenegro

Parliament Capital

Wovenware/Seriously Creative

The Entrepreneur’s Toolkit: Incentives Gustavo Diaz Skoff is an entrepreneur born and raised in Puerto Rico's startup ecosystem. Gustavo has over a decade of experience leading nonprofit organizations, administering real estate ventures, and consulting small family-owned businesses. Gustavo completed his Bachelor's Degree in Business Administration from Babson College. Currently, he serves as the president & founder of BASED, a media company. During his first year of operation in the media company, he secured the exclusive rights to design, print, import, and distribute over five magazine titles and three academic publications. The first of these to be released include the first guidebook explaining and providing examples of Puerto Rico's ACT60, its 11 chapters, and the subsequent 120+ industries it covers.

Gustavo Diaz Skoff BĀSED, LLC

NOTES

FEATU FOUN

URED NDERS

Featured Founders Raising Capital

TAPPING INTO NEW WATER

DESCRIPTION

After Hurricane Maria, Karlos saw how the massive energy and water blackouts left Puerto Rico, especially how everyone had to look for water supplies daily. These events sparked the curiosity that led him to research new ways to achieve alternative off-grid water solutions. WATRIC was founded on the desire to develop technology that can bring people closer to a sustainable future.

WATRIC develops alternative water solutions and makes the most advanced irrigation systems for indoor plants.

ACADEMIC CURIOSITY MEETS INDUSTRIAL DESIGN The team comprises an electrical engineer, Kevin Rivera, and a mechanical engineer, Karlos Miranda.

INDUSTRY Clean Tech. Hardware. Green Energy.

While Karlos is off improving the technology and winning global science fairs in places like Arizona, Los Angeles, and Shanghai, Kevin leverages his experience from General Motors and Pratt & Whitney to design the consumer electronics and micro-controllers required for the company’s products. WORD OF MOUTH & PRESS DRIVING SALES Although still nascent, the company found its first clients through localized promotions and press interviews. To date, the sale of early prototypes to consumers has earned the enterprise almost $20,000.00 BUILDING THEIR FIRST TWO PRODUCTS Thanks to its engineering background, the company has made a product that solves the #1 reason why indoor plants die. Through their water condensation technology, WALTY, an intelligent planter that will never run out of water, will keep plants healthy & hydrated. They compete with other solutions like mobile app watering reminders or other smart planters that only store water for a brief time.

FOUNDER

Karlos Miranda & Kevin Rivera

WEBSITE

www.watric.com

FOUNDED

2018

watric.er@gmail.com

NEXT ROUND

$425k

ADDRESS 177 Balboa, Parque Industrial La Quinta, Mayaguez, Puerto Rico, 0068

FINANCIAL METRICS Funding to Date

$77,000

Revenues

$15,000

Yearly Growth Rate

# of Customers:

SEEKING TO RAISE $425k IN SEED CAPITAL

# of Employees:

The company has designed a second product, but they need to scale its operations to reach the consumer market. The first version is complicated to manufacture and is entirely made by Karlos & Kevin. Using capital to make an industrial version compatible with injection molding and other automated processes, WATRIC can significantly decrease manufacturing costs and secure inventory for growing demand.

Competitors Plantain App Aerogarden Pico EasyPlant Buying a plant

Featured Founders Raising Capital

A $14B+ MARKET OPPORTUNITY

DESCRIPTION

Beauty 911 is a Latinx-inclusive online marketplace where everyone can book at-home beauty services on-demand from certified professionals. On-demand service has become the norm across all industries, and customers have never been more comfortable receiving services at home. Why not disrupt the brick-and-mortar beauty salon model for beauty services? This is how Beauty911 was born.

App where customers can book beauty services from certified professionals in the comfort of their homes or office. INDUSTRY Beauty. Wellness. Marketplace.

SALON LEADER COLIDES WITH DATA QUANT Carmen Medina is the co-founder and executive officer of Beauty911. She has over 15 years of professional experience in the beauty industry and previously owned multiple beauty salons and a beauty supply store. Afa Juste is the co-founder and technology officer for the company. He has a background in mathematics and software development. Previously, he worked as a machine learning engineer at the software consulting firm Wovenware and had a sprint as a quantitative analyst at the hedge fund TLW Capital.

FOUNDER

Carmen Medina & Afa Juste

WEBSITE

beauty911app.com

FOUNDED

2019

info@beauty911pr.com

NEXT ROUND

$500K

ONBOARDING FIRST CUSTOMERS Beuaty911’s first clients were found through pre-established relationships with the CEO. Her years leading a beauty salon and beauty supply store serve as the primary vehicle to onboard beauty professionals and new clients. As the company scales, they have transitioned to digital marketing channels to acquire additional clientele. EXPERIENCE & RELATABILITY Beauty911’s secret sauce is its focus on the LatinX market. The company has built a scalable technology infrastructure for its providers and clients in the past three years. They’ve grown the beauty professional Network with over one thousand beauty professional applications received to Date while expanding the consumer base to over 2,400 users. SEEKING TO RAISE $500K IN THEIR NEXT ROUND With a payback period of two months for every client acquired, the company plans to leverage new funds to expand across the island while penetrating the Florida market. Beauty911 aims to launch in 2 cities in FL, recruit 150+ new beauty professionals, expand the team across crucial functions, and reach a revenue run rate of $1.5M. This investment provides the company with 18 months of runway.

ADDRESS 1666 Av. Juan Ponce de León, San Juan, 00909

FINANCIAL METRICS Funding to Date

$250,000

Revenues

$400,000

Yearly Growth Rate

161%

# of Customers:

2,400

# of Employees:

Competitors Glamsquad The Urban Company PRIV Vensette Penelope

Featured Founders Raising Capital

TAKING ON RISK FOLLOWING PASSION

DESCRIPTION

With more than four decades of experience working in CPG and manufacturing products, the duo behind Dogs & Human sought to seek a venture both were passionate about. As dog lovers and parents to two dog girls, their options to socialize in pet-friendly environments were limited. This is how Dogs & Humans was founded, a six-acre park & real estate development minutes from Montehiedra Mall. The park will become the largest oasis for dog lovers, equipped with activities for four-legged friends and a beer garden for their two-legged humans.

A fun & friendly sustainable park tailored for dogs & their beer-loving humans.

ACADEMIC CURIOSITY MEETS INDUSTRIAL DESIGN Carmen Medina is the co-founder and executive officer of

INDUSTRY Food & Beverage Entertainment INDUSTRY Food & Beverage Entertainment.

experience working in CPG and manufacturing products, the duo behind Dogs & Human sought to seek a venture both were passionate about. As dog lovers and parents to two dog girls, their options to socialize in pet-friendly environments were limited. This is how Dogs & Humans was founded, a six-acre park & real estate development minutes from Montehiedra Mall. The park will become the largest oasis for dog lovers, equipped with activities for four-legged friends and a beer garden for their two-legged humans. BRANDING & EXPERIENCE FOCUSED The team comprises two seasoned branding & marketing experts, Marianella Monllor Irrizari and Ivan Muratti. Together they have led the local & Caribbean market presence of General Mills, Pepsi, Gilette, Tres Monjitas, Clorox, and Kimberly-Clark. Their deep knowledge of how households purchase and spend unlocks the opportunity to create and capitalize on experience-based spaces. PETS ARE MORE IMPORTANT THAN ANY MAN Marianella & Ivan developed deep ties with other dog owners by attending almost every dog event in Puerto Rico. Part of their market research discovered that 50% of households in Puerto Rico own a pet, 25% share their beds with them, and 75% of surveyed women think their pets are more important than any man. Other than the deep relationships owners have with their pets, they identified through a local industry study that the market size for dog foods is $80M, and craft beer consumption rises above $750M annually. A FOREST IN THE CITY Dogs & Humans is the only outdoor venue, a forest in San Juan city that is tailored to please both the dogs and their human parents. The development provides the amenities other parks and pet-friendly spaces lack, with a huge off-leash dog park and a beer garden.

FOUNDER

Marianella Monllor & Ivan Muratti

WEBSITE

Launching Soon

FOUNDED

2019

mmonllor@outlook.com

NEXT ROUND

$300K

ADDRESS 6 acres behind Montehiedra Mall

FINANCIAL METRICS Funding to Date Revenues Yearly Growth Rate

$350,000 $0 17%

# of Customers:

5,000

# of Employees:

Competitors Eco’s Sports Bar

SEEKING $300K TO FINISH BUILD-OUT

De Varona Pet Park

The venture has an ample facilities-based component, and the duo has been able to finance a significant part with debt, commercial loans, and life savings. Nevertheless, they still need a small amount to cover the setup, and capital needs to open and start the business.

Parque Muñoz Marín Lote 23 The Place at Condado

Featured Founders Raising Capital

SOLUTIONS TO PREVENT LIVED EXPERIENCES Raincoat was inspired by the lived experiences of dealing with insurance and government aid after Hurricane Maria's landfall in September 2017. Delays and complicated insurance processes highlighted the need for faster, more efficient, and more accurate solutions accessible to citizens when disaster strikes. A 16-PERSON TEAM DIVES INTO AN ESTABLISHED INDUSTRY Solving the insurance needs of tomorrow needs a compilation of today’s brightest minds. Led by the serial entrepreneur Jonathan Gonzalez and the CTO Joel Martinez,

DESCRIPTION Embedded (B2B2C) climate insurance.

INDUSTRY Insurance. Climate. B2B2C.

Raincoat’s wealth of professional experience throughout the company incorporate scientist, insurance executives, researchers, and designers. Current members have left their jobs at NASA, Oracle, Samsung, Unilever, Walmart, Chubb, QBE, and other multinational companies to democratize access to financial resilience in the face of natural disasters. BACKED BY GLOBAL VCs Raincoat's last funding round was led by leading insure-tech investor Anthemis and includes the backing of SoftBank, Puerto Rican banking leader Banco Popular, Chilean financial group Consorcio, Miami-based 305 Ventures, New York-based investor Divergent Capital, and Puerto Rico-based Morro Ventures. A PERFECT MOAT AND A PERFECT TEAM Raincoat develops embedded climate insurance products and the infrastructure that powers them. These are often complex and challenging products to build due to their combination of scientific, engineering, and capital requirements. Only a few startups in the space can deliver the entire full stack. In that sense, the Raincoat moat is the combination of technology, IP, and industry relationships.

FOUNDER

Jonathan González

WEBSITE

www.getraincoat.com

FOUNDED

2020

jonathan@teamraincoat.com

NEXT ROUND

$10M+

ADDRESS 151 Calle San Francisco, Suite 200 - PMB 5421 SAN JUAN, Puerto Rico 00901

FINANCIAL METRICS Funding to Date Revenues

$5,050,000 Approaching 7 figures

Yearly Growth Rate # of Customers:

15,000

# of Employees:

RAISING A $10M+ SERIES A IN 2023 Raincoat’s next milestone is hitting $2M ARR and raising their Series A. To hit this benchmark, the team only needs to execute the deals in their pipeline and continue building their presence across the market. The company plans to leverage the capital through payroll and building technical muscle to foster growth.

150%

Competitors Plover Parametrics Skyline Partners Celcius Pro Blue Marble Yokahu

Featured Founders Raising Capital

MORE THAN A MILLENNIA AND NO IMPROVEMENT

DESCRIPTION

Door It Yourself started by observing how complicated it is to assemble a door for someone who is not an expert. While watching professionals do it, Lucciano realized that they always need the assistance of a second or third person. Thus, the better door hinge was born: a 1,600-year-old re-designed piece of metal manufactured to present industry standards. The better door hinge lets anyone installing a door do it by themselves, faster and cheaper.

Our patented door hinges allow contractors, builders, and home renovators to install doors by themselves faster and cheaper while also reducing maintenance-associated costs.

ENGINEER TURNED INVENTOR Lucciano Diaz Skoff studied mechanical engineering at the University of Puerto Rico and has five years of experience managing engineering and philanthropic teams.

INDUSTRY Hardware. Manufacturing. Retail.

His father sparked his passion for construction materials, a general contractor who, since an early age, worked alongside his two sons sourcing materials and engaging in development projects across hospitality and healthcare institutions. SMALL DEVELOPERS & FIRST POINTS OF SALE The company’s first clients are developers and construction companies of multifamily properties. The company has just manufactured, with the help of hardware giant TOLEDO, its first batch of door hinges. During the last two months and first quarter of 20233, the company plans to deploy over 100 samples across associations, hardware stores, and other critical points of sale. UTILITY AND DESIGN PATENTS Door It Yourself has been granted two patents for utility and design. The issuance date is no less than two years from today, and both patents have eighteen years remaining of intellectual property protection. Currently, three additional designs are in the works and are estimated to be filed in 2023 to the United States Patent 7 Trademark Office. RAISING $1.5M TO ESTABLISH MANUFACTURING The company seeks up to $1.5M in capital to expand manufacturing capacity, connect and meet with minimum order quantity requirements of distributors, and place the product in the hands of retailers and developers/construction companies. Part of the capital will be utilized to finish the product's packaging and educate consumers through traditional mediums.

FOUNDER

Lucciano Díaz Skoff

WEBSITE patents.justia.com/inventor/lucciano-diaz-skoff FOUNDED

2022

info@beauty911pr.com

NEXT ROUND

$1.5M

ADDRESS 1607 Avenida Juan Ponce de Leon, GM-12, San Juan, Puerto Rico

FINANCIAL METRICS Funding to Date

$30,000

Revenues

Yearly Growth Rate

# of Customers:

# of Employees:

Competitors Toledo Amazon Basics Everbilt Grandeur Onward

Featured Founders Raising Capital

FINDING COMMON GROUNDS

DESCRIPTION

Jasmine has led teams building digital products from global nonprofits to startups, advising communities, governments, and businesses across continents on sustainable practices. Looking through her life as an immigrant, Jasmine finds a parallel thread between post-disaster community response and the importance of building communities. In the summer of 2021, Jasmine made Puerto Rico her home to continue building re+connect: a technological solution oriented towards aiding communities to prepare, respond and thrive in times of adversity and uncertainty.

re+connect is a civic technology platform that connects people and data to close the last-mile disaster relief gap and builds long-term resilience for underserved communities.

ACADEMIA MEETS REALITY The team comprises Yiyuan “Jasmine” Qin, Azury LIn, Pamela Silva Diaz, Manveer Kalirai, and Natalia Arcila.

INDUSTRY Civic Technology. Software. Impact.

An all-women team holds degrees in environmental science and management, design, engineering, and management. Together, they are building a minimum viable product and designing around the needs of communities that endured natural disasters in Puerto Rico. $220,000 IN GRANTS AND EARLY DEPLOYMENT re+connect has received grants from MIT, National Science Foundation, Natural Hazards Center, and Environmental Justice Data Fund/Google.org. Since 2019, they have convened 200+ residents, community leaders, civil society, and government representatives. They have conducted 30+ hours of collaborative design workshops, 50+ hours of interviews, and months of ethnographic studies. ALTRUISM REQUIRES MINDFUL ENGAGEMENT re+connect acts on five principles: design with people, bridge the gap, build social bonds at the core, connect for good, and deploy disaster-proof tech. This approach avoids harmful practices from relief efforts post-natural disasters. Jasmine and her team believe these principles include communities in decision-making processes, empower community ambassadors to leverage their strong social network in face-to-face engagements and facilitate the adoption of lightweight applications for preparation, response, and reconstruction. RAISING $1M TO DEVELOP A RESEARCHED PROTOTYPE Following a structured software development roadmap, re+connect is actively fundraising and seeking grants to build the first MVP. Due to the importance of building it together with user partners and grassroots leaders, the $1 million funds will be used for software development and technology infrastructure, collaborative product development, R&D, marketing and engagement, operations, and business development.

FOUNDER

Yiyuan “Jasmine” Qin

WEBSITE

repluscollective.org

FOUNDED

2020

hello@repluscollective.org

NEXT ROUND

$1M

ADDRESS 208 Av. Luis Muñoz Rivera Edif Popular 1034 SAN JUAN, PR 00918 Puerto Rico

FINANCIAL METRICS Funding to Date

$220,000

Revenues

Yearly Growth Rate

# of Customers:

# of Employees:

Competitors NeedsList Humanitarian Open Street Maps Atmago Facebook Whatsapp

Featured Founders Raising Capital

INSTANT WEBSITES FOR SOCIAL-FIRST BUSINESSES

DESCRIPTION

PUNY started as a product of a former technology development contract. The founders were hired to create a stand-alone mobile website for a business that only operated and earned revenues on social media. During this development, Jonathan realized they could build a mobile & social-media-first website without purchasing a domain or website builder. This is when PUNY is born.

Sales funnels and instant mobile websites for social-media-first businesses.

COMMUNICATION IS ABOUT HITTING THE RIGHT NOTES Jonathan Diaz currently leads the company, a linguistics and marketing professional turned product designer. With over ten years of experience, Diaz has aided digital-first companies, freelancers, and agencies in communicating to young and social-native audiences.

INDUSTRY Marketing Tech. SAAS. Advertising.

SALES FUNNEL AFTER-SALES FUNNEL Through seven years in the marketing industry, Diaz has developed a network of agencies and media buyers that depend on his knowledge to build, test, and deploy sales funnels. The first customers are his former clients with access to early adopters and agencies. Currently, the beta version is co-designed based on their feedback. NOT ANOTHER WEBSITE BUILDER Most link-in-bio tools are just like other website builders. PUNY, tackles the need to establish instant and social-first websites with a built-in customer relations management platform in the back end. Catering to front-end marketers and sales teams, businesses and influencers that run their businesses through social media platforms can now engage, track, and close new prospects. RAISING A PRE-SEED OF $100K Positioned as a SAAS product, Jonathan believes that a content-driven marketing strategy will facilitate content creators, owners, startups, and other small businesses to understand how the PUNY tool can become their mobile-friendly sales funnels. The founder states that at a PRE-SEED of $100K, “the capital will be used to develop the platform and acquire new customers through content-heavy marketing strategies.”

FOUNDER

Jonathan Díaz Sepulveda

WEBSITE

www.puny.bz/p/

FOUNDED

2022

EMAIL NEXT ROUND

jds@puny.bz

$100K

ADDRESS Engine-4, Complejo Onofre Carballeira Esq. PR-2 con Int. PR-5, Bayamón, 00959

FINANCIAL METRICS Funding to Date Revenues

$0 $1,000

Yearly Growth Rate

# of Customers:

# of Employees:

Competitors Linktree Beacons Ink.bio Tapbio Campsite

Featured Founders Raising Capital

FROM SHORT TERMS TO HOSPITALITY VENTURES

DESCRIPTION

Selva Boutique Hotel LLC is a seventeen-unit hospitality project in Luquillo, Puerto Rico. The project is the first for Adianice Correa, whose experience in the hospitality industry has been exposed to primarily short terms rentals and hotel development in Costa Rica. With a focus on sustainable tourism, SELVA aims to disrupt what luxury brands mean for guests, the community, the environment, and the economy.

Selva Boutique Hotel LLC is a hybrid hotel using technology & wellness to elevate the guest experience with tech-forward systems such as easy pre-boarding, self-check-in, and other onsite options.

FROM BIG PHARMA TO BIG DEVELOPMENTS Adianice Correa holds over a decade of experience leading sales departments in multinational corporations like AMGEN, Depomed, Astellas, and Takeda Pharmaceuticals

INDUSTRY Hospitality. Tourism. Experience Economy.

Correa holds a BA in Psychology from The City College Of New York, a Masters in business administration (MBA) Finance & Accounting from Regis University, and another Masters in Education from the City University of New York City College. Her expertise focuses on operationalizing service experiences that align operating groups and technologies with broader experience and sales goals. TECHNOLOGY & TAX CREDITS

FOUNDER

Adianice Correa

WEBSITE

www.selvaboutiquehotel.com

FOUNDED

2022

hola@selvaboutiquehotel.com

NEXT ROUND

$1.75M

The SELVA approach to hospitality includes the introduction of hardware and software components to increase efficiencies, increase profits, and design elevated experiences for guests. The hotel property is currently operational but has forgone incurring in modern renovations or adaptations to cater to today’s guests. SELVA’s investment into the property may be eligible for 30% to 40% in tax credits in all expenditures related to the modern space adaptation after purchase.

Luquillo, Puerto Rico

Funding to Date

$240,000

SEEKING TO RAISE $1.75M IN DEBT OR EQUITY

Forecaste Revenues

$590,000+

The company has secured 12% of the down payment and currently sits in escrow while they wait for a decision from the Small Business Administration (SBA). The SELVA project identified earlier in 2022 the opportunity to apply for an SBA 504 loan, but Correa stated, “the program has taken a long time.” For this reason the founder is considering other forms of capital to deploy and begin the hospitality project.

ADDRESS

FINANCIAL METRICS

Average Daily Rate # of Bedrooms: Projected Occupancy Rate: Competitors 3 Star Hotels Resort Hotels Hostels Airbnb Unique Short-Term Rentals

$140 17 68%

Featured Founders Raising Capital

UN MOLCAJETE FOR SEVERAL GENERATIONS Doña Lola is the dream of the three brothers to become entrepreneurs through their Mexican heritage by making home-style tortillas and tortilla chips that have that unique and delicious flavor that can only be achieved with their grandmother's recipe. ABUELA’S LEGACY: THREE HUNGRY ENGINEERS Abuela's team comprises three brothers, Roberto Rivera, Daniel Rivera, and Juan Rivera. Roberto functions as the CEO; with a background in chemical engineering and over ten years of experience manufacturing for Fortune 500 companies, he runs the finance, supply chain, and administration of Molcajete Foods.

DESCRIPTION We manufacture the best corn tortilla chips in Puerto Rico.

INDUSTRY Manufacturing. Food. B2B.

The second brother, Daniel, is a mechanical engineer with over nine years of experience in the food manufacturing industry; he runs operations, business development, and sales. Last but not least, the third brother, Juan, is a civil engineer with over 12 years of experience in construction and project management. SUPER TORTILLAS AND HEAVY-DUTY CHIPS Doña Lola’s first customers were restaurants and executive chefs at hotel chains. They quickly grasped the value of the freshness and versatility of the company’s product in their kitchen concoctions. A tortilla that does not break and a chip that will hold the toughest dip made a difference in their kitchens. Doña Lola also became a dependable supplier that delivered consistency in product and service across their six years of operations. SEEKING TO RAISE $1M The company seeks capital to expand to a larger manufacturing property and increase production capacity while increasing product margins. These funds will allow the company to enter other markets they cannot serve today while expanding retail and food service product lines. With the capital raised, the brother trio will hire the talent required to expand sales and marketing efforts, as well as the growth of the enterprise.

FOUNDER

Daniel, Juan & Roberto

WEBSITE

www.molcajetefoods.com

FOUNDED

2016

daniel.rivera@molcajetefoods.com

NEXT ROUND

$1M

ADDRESS Calle San Bartolome, Caguas, PR, 00727

FINANCIAL METRICS Revenues

$541,000

Yearly Growth Rate

53%

# of Customers

250

# of Employes: Funding to Date

9 $1,000,000

Competitors Frito Lay Taconazo La Banderita Creaciones Mexicanas Other food service distributors

Featured Founders Raising Capital

IS IT A UNICORN IN THE MAKING? GustitosGo is yet another product of the Gustazos holding company and brand. For over a decade, Gustazos has lead the transformation of how citizens across the Caribbean basin transact, engage, and buy online and in person. With the rise of cardless payments, GustitosGo launched in 2021 with the ambition to expand a seamless rewards & loyalty program that incorporates up to fifteen of the most used credit cards. As more and more consumers move to touchless transactions and their phone becomes their wallets, GustitosGo is positioning itself as the #1 rewards & loyalty program in the Caribbean. DEFEATING GIANTS Luke is the current CEO and President of Social Media Group (“SMG”); a Puerto Rico-based group of internet-centric companies. Best-known for their flagship product: Gustazos.com,

DESCRIPTION GustitosGo is the world's most aggressive rewards program, created to direct traffic to your business and keep it there.

INDUSTRY eCommerce. Coupons. Advertising

Gustazos launched in 2011 in Puerto Rico, and, despite being a bootstrapped startup, quickly secured an 80% industry market share. From 2011 to 2015, Gustazos expanded and became the leading offers platform of the Caribbean, and managed to out-perform the global-giant Groupon in every Caribbean market where Groupon had a presence. From 2015 to present, Gustazos has maintained its position as a leading player in each of its five markets–Puerto Rico, Dominican Republic, Jamaica, Panama, and the Canary Islands of Spain.

FOUNDER

Luke Todesko

WEBSITE

www.gustitosgo.com

FOUNDED

2010

luke@gustazos.com

NEXT ROUND

OVER ONE THOUSAND SHOPS The GustitosGo rewards program is currently deployed across 1,468 shops. Some of the big brands using their program include: TotalEnergies, Me Salve!, P.F. Changs, Romano’s Macaroni Grill, Chili’s, Top Eliminator Dragster, Arcade Mania, La Bodega Vasca, Papa John’s, Buns Burger Shops, and many others. A DECADE OF TRUST With over one million local consumers engaged daily through the group's brands and email databases, a decade of trust has been the center of G-Credits or "Gustitos" have been trusted in PR for over 10 years. Over 10,000,000 credits have been issued and redeemed. At $1 to 1 G-Credit, this currency has a greater perceived value because people acquire all spending categories with favorable discounts. When businesses have similar products and services at similar prices, a purchase decision can be swayed if the incentive is enough. The rewards in GustitosGo are so impactful that clients will choose a business within GustitosGo over a competitor outside the program: this isn’t a “free sandwich” every few months; this is $20 to $50 in monthly rewards. INVESTING IN GUSTITOS GO The company is raising over $10M+ as they head into 2023. For additional information, contact Luke Todesco.

$10M+

ADDRESS B5 Tabonuco St. Galeria San Patricio Suite 201 GUAYNABO, Puerto Rico 00968

FINANCIAL METRICS (Holding Company) Revenues Yearly Growth Rate # of Customers # of Employes: Funding to Date *ZoomInfo, **Linkedin

Competitors Ofertones Oferta Simple Groupon.es Cuponeandopr Oferta del Día

$48,000,000+* Undisclosed 5,000+ 116+** Undisclosed

Featured Founders Raising Capital

THE FIRST COFFEE DELIVERY While living on the island and abroad, the founders noticed a need for more access and visibility to Puerto Rico's specialty coffee. Enio, in 2018 and 2019, was working with Don Pello, a specialty coffee brand in Ciales, and started making deliveries to people's homes. This experience led to the first indications that consumers were interested in tasting specialty coffee if it was conveniently available and easily accessible. Then, the team started visiting coffee growers and creating a website; the rest is history. THREE FRIENDS AND A SHARED PATH The team comprises three lifelong friends, Enio Suaznávar, Gustavo Fadhel, and Carlos Sánchez.

DESCRIPTION We connect specialty coffee growers to their customers.

INDUSTRY E-Commerce. Coffee. B2C. .

Enio studied Public Relations, Worked in DOT Communications as Account Executive, earned a Masters's Degree in Entrepreneurship & Innovation, and leads the company’s sales & marketing. Gustavo studied Accounting and served as a senior auditor for PwC for five years; he leads the company's finances and business strategies. Last, Carlos studied Agronomy, worked as a Business Developer and Project Manager at INprende, possesses a Masters's Degree in Entrepreneurship & Innovation, and leads the venture's day-to-day operations and logistics. LOYALTY BEGETS QUALITY. OVER 10,000 CUSTOMERS SERVED CUELA’s first B2C clients were friends, family, and the customers Enio used to deliver coffee to while working in the Museum of Coffee. Today, Cuela has, on average, 1350 monthly orders to various customers around Puerto Rico, the USA, and the world. A FOUNDATION BUILT ON TRUST CUELA’s value proposition comes from a robust & established coffee grower network. The team built unparallel trust with coffee growers across the mountainous regions of Puerto Rico and continues to focus on these relationships as the core engine of their business. Through time and patience, a moat is built, as these engagements are very complicated to recreate, especially when the company solves what coffee growers yearn for: visibility and access to new markets. SEEKING TO RAISE $800K TO ESTABLISH 3 SHOPS The company is on track to open its first coffee shop, a physical location that will function as a tangible experience for an online community to congregate. This expansion takes form after three years of listening to their customers asking for a place to experience CUELAS’s products in person. The team's ambitions share a goal to open three more locations in Puerto Rico to solidify Cuela as the premier specialty coffee company on the island. They believe claiming their stake in the local market will catalyze their aspirations to international expansion.

Enio, Gustavo & Carlos

FOUNDER WEBSITE

cuela.coffee

FOUNDED

2019

gustavo@cuela.com

NEXT ROUND

$800K

ADDRESS CV7W+G7C, Guaynabo, 00968

FINANCIAL METRICS Revenues Yearly Growth Rate # of Customers # of Employes: Funding to Date Competitors AZ Foods Puerto Rico Coffee Hub Brands Of Misto Box Blue Bottle

$476,000 80% 11,084 1 $125,000

Featured Founders Raising Capital

DRIVER TURNED FOUNDER

DESCRIPTION

Alexander Carrasquillo started PROMOV after being an Uber driver and identifying a common denominator in all rides: customers always asked drivers for recommendations. At this moment, he recognized an opportunity to centralize and present passengers with information about the nearest attractions, best venues, restaurants, bars, dispensaries, and many others. What started with printed flyers and traditional promotions grew to include digital screens across 100 vehicles.

Advertising and entertainment screens inside rideshare vehicles.

DEVELOPING A NEW ADVERTISING MEDIUM The team comprises Alexander Carrasquillo & Tamara Fred.

INDUSTRY Media. Advertising. Hardware.

Alexander holds a Bachelor of Business Administration in Digital Marketing, has former experience in measuring out-of-home advertising activity in Puerto Rico for Ometrika Research, and has more than five years of experience in sales and marketing. Tamara has experience in the advertising, design, and print industry for over five years holds a Bachelor's in Advertising, and leads all relationships with agencies and marketing professionals. THE CANNABIS INDUSTRY MEETS ACCESSIBLE ADVERTISING PROMOV’s first clients were growers, labs, and dispensaries from the cannabis industry. Due to the cumbersome regulation in digital and paid advertising for this industry, PROMOV positioned itself as one of the few outlets where restrictions and regulations are less strict. Due to the legal reciprocity Puerto Rico has with other states that share a legalized or decriminalized cannabis ruling, paired with the majority of passengers composed of tourists, the company is slowly dominating a niche market on the island. DATA DATA AND MORE DATA The platform behind PROMOV is what differentiates them from other billboards and comparable mediums. With visualized and compiled data, advertisers can gauge real-time information on passengers' moods, gender, age, and location. Additionally, advertisements can be presented when passing through a pre-selected location. SEEKING TO RAISE $100K IN PRE-SEED The company seeks to raise $100K to purchase and increase a greater number of screens and deliver higher distribution for current and future clients. The funding, stated Alexander, will be invested in purchasing more equipment, establishing a full sales team, and optimizing their website to generate sales and ad placement digitally.

FOUNDER

Alexander Carrasquillo

WEBSITE

promov.co

FOUNDED

2021

alex@promov.co

NEXT ROUND

$100K+

ADDRESS 1413 PR-25 4th Floor, San Juan, 00907

FINANCIAL METRICS Revenues Yearly Growth Rate

$35,000 100%

# of Customers

# of Employees:

Funding to Date: Competitors BMedia Target Point GFR Media Yellow Media (Taxis Ads) Bus Shelters

$50,000

Featured Founders Raising Capital

BUILDING THE TOOLS FOR ENERGY INDEPENDENCE GENMOJI was conceived as a result of the impact of the Hurricanes that devastated Puerto Rico in 2017. The corporation aims to research, develop, and offer affordable products to propel the island nation toward complete energy independence. Francisco stated the origin of the name Genmoji is a play on words. It combines the words "generational" (addressing future generations) and "emoji" (as in our digital perceptions brought to life). It refers to the perception future generations will have of our current living one and the sustainable legacy - or lack thereof - we will all leave behind. AN INVENTOR MEETS AN INTELLECTUAL PROPERTY LAWYER The team comprises Francisco Laboy & Vanessa Carballido.

DESCRIPTION Genmoji manufactures and distributes renewable energy products with a focus on decentralization and affordability.

INDUSTRY Renewable Energy. Clean Tech. B2B.

Francisco led 14 years of sales and developed products in the telecommunications industry for Fortune 100 companies across Latin America. He has experience deploying infrastructure projects in Costa Rica, Chile, Peru, Pakistan, New Zealand, South Africa, Mexico, Brazil, and several other countries. He is currently the inventor and chief executive officer behind GENMOJI. Vanessa is a seasoned intellectual property lawyer who formerly served at McConnell Valdes and O’Neill & Borges. Together, they’ve led the research and development of new wind turbines and patented designs. A SATISFIED CLIENT IS ALL IT TAKES GENMOJI’s first client was the Bitcoin Association. Before this deployment, the company had gotten involved in potential blockchain energy development collaborations with crypto companies in Puerto Rico. Through a bidding process, GENMOJI was chosen by the Association to design and install an entirely off-grid renewable energy system at their facilities in the former Children's Museum of Old San Juan. The engagement and successful installation with this client led the enterprise to win multiple other deals and continue the ongoing investment in the R&D of its products.

FOUNDER

Vanessa Carballido & Francisco Laboy

WEBSITE

www.genmoji.com

FOUNDED

2017

francisco@genmoji.com

NEXT ROUND

$1.25M

ADDRESS 905 Calle Labra, San Juan, Puerto Rico, 00908

FINANCIAL METRICS Revenues

$1,000,000

Yearly Growth Rate

300%

# of Customers

RAISING $1.25M IN DEBT OR EQUITY

# of Employees:

The company is in the process of filling two patents for their new wind turbines. The capital raise will allow the company to focus on Initial production, secure inventory, field proof of concept activities, file for compliance certifications, expand production line capacity, and begin marketing activities. The corporation also holds a Chapter 7 Act60 decree for green energy with the former benefits of research and development of Act No. 83 of 2019.

Funding to Date:

$600,000

Competitors Aeromine Technologies Windspire Energy Fossil Fuel Lithium Ion Storage Developers Other Wind Turbine Manufacturers

Featured Founders Raising Capital

GOING BACK TO OUR SOIL PRODUCE was founded after Hurricane Maria reminded all citizens of Puerto Rico of the widening gap in food security, food sovereignty, and food safety on the island. With some crops facing up to five years to reach full yield, Crystal Diaz and the team behind PRODUCE have made it their mission to fight the island’s dependency on food imports. Their approach focuses on developing financial, environmental, and socially sustainable infrastructure for the food we will all need tomorrow. THE SECRET ADOBO: LA GENTE The team comprises hospitality experts, award-winning chefs, serial entrepreneurs, and technologists.

DESCRIPTION We are a digital supermarket that delivers the widest variety of locally sourced ingredients directly to consumers’ doors.

INDUSTRY Foodtech. Logistics. Consumer.

The Technology Officer, Francisco Tirado, not only leads the infrastructure behind PRODUCE but also co-founded UVA with her sister, a leading food delivery app. The Operations Officer, Patricio Schames, is also a co-founder with Martin Louzao at CincoSentidos; he manages the daily operations and purchases for both enterprises. The Experience & Marketing Officer, Crystal Díaz, leads the passionate community inside the company while also enhancing her service skills by spearheading an agro-touristic project in Cayey called El Pretexto. Last but not least, Martin Louzao serves as the executive chef at Cinco Sentifos and steers PRODUCE to meet the most pressing demands of the food industry.

FOUNDER

Crystal, Francisco, Martín, Patricio

WEBSITE

www.puertoricoproduce.com

FOUNDED

2018

crystal@puertoricoproduce.com

NEXT ROUND

$1M+

COMMUNITY & CONVICTION The company started growing and acquiring new customers by engaging with digital & physical communities. A Facebook campaign and a media tour in 2018 led to the company evangelizing its credo and reaching, as Crystal noted, “people with the conviction to fix the food system.” The community has now grown to over 70,000 clients in four short years.

ADDRESS Calle 272 lote 1b, Carolina, 00982

FINANCIAL METRICS Revenues

A FOCUS ON INGREDIENTS

Yearly Growth Rate

The relationship with local producers and a highly curated marketplace of the best-sourced ingredients makes PRODUCE great among competitors. Culture, like flavor, is created through keen attention.

# of Customers # of Employees:

SEEKING TO RAISE $1M IN BRIDGE CAPITAL

Competitors

The company has been diversifying its revenue streams for the last year to grow and increase its internal purchasing power. Capital will allow PRODUCE to strengthen those streams with crucial team hires and broaden marketing spending to acquire users while continuing to build community with current consumers.

Funding to Date:

Jetson SuperMax Econo Farmers Markets CSA’s

$2,000,000 150% 70,000 10 $1,885,000

Featured Founders Raising Capital

IDENTIFYING SYSTEM DEFICIENCIES

DESCRIPTION

DAME UN BITE began in the mid-2010s when mobile apps were revolutioninzing how travel, food, gaming, and other industries delivered new experiences. As an engineer trained to identify system deficiencies, Jose Ortiz saw an opportunity to develop and implement a business model that was taking the United States and the world by storm. With no clear leader in food delivery other than placing a call to your nearest restaurant, he set out to build one of the first food delivery apps in Puerto Rico.

Everything you need in a single app.

INDUSTRY Mobile App. Delivery. B2B2C.

FROM PASTELES TO APIs Jose Ortiz is a mechanical engineering graduate from the University of Puerto Rico, Mayaguez. Growing up, he sold everything from homemade pasteles to pascuas at Christmas. In college, he helped create Idea Platform, a student-run incubator that allowed Puerto Rico's youth to develop their businesses. He went on to intern as a global product supply engineer at Kimberly-Clark Professional, and co-founded several startups like Helei and MoveiT

FOUNDER

Jose Alejandro Ortiz

WEBSITE

www.dameunbite.com

FOUNDED

2017

jose@dameunbite.com

NEXT ROUND

STARTUP UP BEFORE THE STORM

Dame Un Bite officially launched in March 2017 with the help of an investor who provided Ortiz with an office and the necessary equipment to get started. Ortiz benefited from entrepreneurial programs and accelerators like I-Corps, EnterPRise, IDEA Seed Fund, Parallel18, and Guayacán. Within a year of its founding, company sales reached $100,000. Dame Un Bite snowballed; by 2019, revenue was up to $2 million after the company delivered more than 80,000 orders across 27 municipalities on the island.

$1M+

ADDRESS 100 Ave Ramón L Rodríguez 1406. BAYAMON, PR 00959

FINANCIAL METRICS Revenues

MOVING FAST AND STAYING NIMBLE

Yearly Growth Rate

The company has scaled deliveries to over 500,000 in five short years. It has delivered food from over 1,200 partner restaurants and taken at least one meal to fifty of Puerto Rico’s seventy-eight municipalities. Ortiz credits the growth of the company to it’s ability to adapt to market depends and needs, hence the expansion of its logistic and delivery services for other products other than just food.

# of Customers

SEEKING TO RAISE $1M IN THE NEXT ROUND

The company continues to expand its mobile app for B2C last-mile food and product delivery and B2B on-demand logistics.

# of Employees: Funding to Date: Competitors Jetson SuperMax Econo Farmers Markets CSA’s

$2,000,000+ 150% 70,000 10 $350,000

NOTES

MEET THE PUERTO RICO

INSTITUTE

COFOUNDERS

Richard Santana Puerto Rico ICON

TRANSFORMATION • INNOVATION • EMPOWERMENT

Throughout the years, Ricky, a serial entrepreneur, has developed and hosted a series of events in the diverse areas of health, finance, fundraising, and charity for professional athletes. Among his accomplishments, he has created two local events, Opportunity Zone Investors Conference Puerto Rico (OZ19) and Puerto Rico Investors Conference (ICON). Both events were designed to stimulate investment and entrepreneurship on the island. In 2021, Ricky co founded the Puerto Rico ICON Institute, a nonprofit organization created to fulfill his commitment to support local entrepreneurship and propel economic development in Puerto Rico. As Confounder of the ICON Institute, Ricky is using his extensive experience in event production as well as over 25 years of working with nonprofits to organize two impactful events in November 2022: the second edition of ICON and ICON Mentorship Day. In addition to leading the Puerto Rico ICON Institute, Ricky is passionate about connecting his clients to residential and commercial opportunities in Puerto Rico with his real estate firm, The Colectivo Group. Furthermore, he also serves as a business consultant. Ricky has a B.A. in Finance and Marketing and an M.B.A. from the University of Puerto Rico, Río Piedras Campus.

Karla Barrera Puerto Rico ICON

TRANSFORMATION • INNOVATION • EMPOWERMENT

Along with her husband, Phil Morstad, Karla is the Co-Owner of Goodwinds, the premier watersports center in the Caribbean, focusing on the instruction of wind and wave sports. As the Creative Director, Karla has been the driving force behind the development of Goodwinds as a lifestyle brand where its products can be found online and in their surf boutique. Goodwinds, located within Dorado Beach Resort, is the most extended operating kitesurfing school in Puerto Rico and has been integral in positioning Puerto Rico as one of the best wind sports destinations in the world. With that as an end goal, Karla has co-produced several events of significant magnitudes, such as the Windsurfing Formula World Championships, has fostered relationships with government, private and nonprofit entities, and has led several initiatives focusing on supporting the growth of watersports on the island. In 2004 before owning Goodwinds, Karla represented Puerto Rico in the Olympics in Athens, the sport of Windsurfing.

Karla then graduated with a Bachelor's Degree from the University of Puerto Rico's Faculty of Business Administration, where she was awarded the most Distinguished Student in the Marketing Minor. Upon graduation, Karla created several business ventures, such as Nudi Pasta and K.B.M. Strategic Online Marketing. After relocating her family and Goodwinds to Dorado in 2012, Karla understood there was a need for a Real Estate company that focuses on providing data with transparency, satisfying the unique needs of Buyers in Dorado. Thus, in 2015 Karla acquired her Real Estate Broker's license and, in 2020, co-founded her Real Estate company Island&Key, which has set several record sales for the area of Dorado and serves its clients with a boutique-style approach. Karla is also a mother of two young girls, entrepreneur, watersports enthusiast, music lover, mixed media artist, and the Co-Founder of ICON Institute, a local nonprofit organization seeking to impact Puerto Rico positively.

In 2018, Happy Walters founded Blue Horizon Consulting, L.L.C. in Puerto Rico, and, as its C.E.O., consults with a client base from various industries and market segments. He also oversees an investment portfolio that involves several startups in the sports, esports, entertainment, and technology sectors. Over the past five years, Walters has worked with and invested in the lifestyle company Spiritual Gangster; Life MD, an emerging leader in telehealth; Rumble Boxing, a boutique boxing fitness brand; L1 cryptocurrency network Hedera Hashgraph; and the blockchain pioneer Immutable Holdings. Before launching Blue Horizon, Walters had established himself in the field of traditional professional sports management, where, by 2014, he grew Relativity Sports (Now Independent Sports and Entertainment) into the second-largest sports agency in the world, according to Forbes Magazine and in 2016 founded Catalyst Sports & Entertainment, which he moved to Puerto Rico in 2018. As a Certified N.B.A. and N.F.L. Player Agent, he represented various athletes in contract and marketing negotiations, including N.B.A. veterans Amar'e Stoudemire, Jimmy Butler, John Wall, Dwight Howard and De'Aaron Fox, and N.F.L. Pro Bowlers Larry Fitzgerald, Marshawn Lynch, Dez Bryant, and Leonard Williams.

Happy Walters Blue Horizon Consulting

An Investor’s Roundtable Walters also established himself in the growing esports space, serving on the board of Major League Gaming, overseeing many esports deals, and deploying capital in early esports and gaming companies, including Super League Gaming, Rocket League, Signal Zero, and Fan Al. He also advised Madison Square Garden (Counter Logic Gaming) and Hersh Family Investments (Team EnVyUS) on esports matters and assisted the Golden State Warriors to launch its esports division. Following graduation from the University of Michigan, Walters launched a music management company, where he oversaw the development and evolution of many seminal 1990s artists, including Cypress Hill, Tupac, House of Pain, Wu-Tang Clan, Rage Against the Machine, and Velvet Revolver, and, later, through his r record label, Immortal Records, such bands as Korn, Incubus and Thirty Seconds to Mars. Walters' involvement in the entertainment industry was not limited to managing artists and included producing more than 20 films and television productions, including the box office hit We're the Millers (which grossed $270 million), documentaries One in a Billion, Grammy-nominated I'll Sleep When I'm Dead, and the Back of the Shop T.V. Series for Fox Sports. He has also supervised and created soundtracks for more than 80 films, including Immortals, The Fighter, O Brother, and Where Art Thou? The Big Lebowski, There's Something About Mary, Scream, American Pie, The Nutty Professor, and Blade II. Walters continues to take on opportunities that enable him to support and invest in his local community.

OUR SPON

SORS

Our team would like to acknowledge the following companies that have supported

ICON’s mission, making significant contributions towards a brighter future for Puerto Rico.

The success of ICON 2022 and Mentorship Day would not have been possible without the support of our official sponsors:

We would also like to publicly recognize the organizations and

individuals who have teamed up with us to collaborate on this great event.

Parallel18 is a top-level, performance-driven international innovation hub focused on providing funding, mentorship, business connections, and investment to underrepresented founders around the globe. Parallel18 has impacted through pre-acceleration and acceleration programs 359+ startups, disbursed $12.1M+ in grants, and through a network of 600+ investors, coordinated the investment of over $126M in risk capital.

ConPRmetidos is an independent, non-partisan, non-profit organization founded in San Juan, Puerto Rico in 2012 with a mission to create a stable, productive, and self-sufficient Puerto Rico. ConPRmetidos connects those on the Island with those living abroad and serves as a bridge between professionals overseas and the growing entrepreneurial ecosystem on the ground. Founded in 2012, ConPRmetidos first started as a movement and call to action for all Puerto Ricans to take part in helping the Island move forward. It was also established as a response to the many challenges the Island faced, including an economic recession. In a short time, ConPRmetidos became known as the organization that connects those in the Island with those living abroad and as a bridge between professionals overseas and the growing entrepreneurial ecosystem on the ground. After the devastation of hurricanes Irma and Maria in 2017, their team raised millions to support the long-term revitalization of vulnerable communities. During the past years, they have collaborated closely with grassroots organizations to implement development projects. Their driving force is building a stable, productive, and self-sufficient Puerto Rico where people have growth opportunities and good quality of life.

Gustavo Díaz Skoff & Ulises Pérez Sánchez at BSED, Lizzie Medina, Rodolfo Sánchez Colberg, Alberto Bacó Bagué, Ricardo Alvarez, Brenda Marrero y Franco Mondo, Jacobo Ortiz, Monica Rocafort, Brian Bourgerie, Andrew Keys, Steve Wiggins, Manuel Ortiz, Crystal Díaz, Alex Borschow, Juan Parra, Jordan Fried, Jean Pierre, Victor Alvarado, Giovanni Méndez, Roberto Corretjer, Veronica Rodríguez, Patricia de la Torre, Linda Vester Greenberg.

PUERTO RICO TRANSFORMATION-INNOVATION EMPOWERMENT