Fostering innovation in an entrepreneurial environment.
Renovatio PR is currently evaluating applications on a case-by-case basis, where we will provide seed funding, a focused environment, a community of cryptocurrency and fintech innovators, expert advice and minimal interference. We will launch our first formal startup batches in 2019.
2019 and Beyond
Beginning in 2019, Renovatio PR will back multiple startups, in two batches per year. Funding startups in batches allows these companies to make connections and creates a strong culture of collaboration among fellow entrepreneurs.
Our application process removes pain points many new businesses face when fighting for funding. Rather than requiring companies to submit business plans and time-consuming presentations, we provide a comprehensive application form for interested parties to complete. After a review process is completed, a select group is invited to Puerto Rico to meet with our collaborative community of mentors, partners and investors to discuss the funding process.
The CEO and a selection of founders from each company will then be expected to reside in Puerto Rico for the remainder of the three-month period. During those three months, we will host weekly dinners with guest speakers seasoned in some aspect of startup success. Expect to hear from startup founders, venture capitalists, journalists and executives from well-known technology companies.
Ten weeks into the program, we will host a Demo Day, where all startups will present their products or services to a select audience.