PURPOSE-DRIVEN ENTREPRENEURS push forward ideas that benefit humanity. At Bravo Family Foundation, we strive to equip young entrepreneurs to start, run and grow tech-based businesses and help build a more just society.

Goal

The Rising Entrepreneurs Program provides entrepreneurs with knowledge, access and capital as a means to create a more inclusive and sustainable ecosystem for tech companies in Puerto Rico.

Model

The Rising Entrepreneurs Program (REP) will focus on backing startups ready to launch or scale sales.

The program is strategically designed to provide small tech cohorts with a deep immersion experience that develops their skills and shows them how to start and run an efficient business and strategies to grow and scale sales. Bravo connects the participants with a global network of investors, companies and senior executives in the business, technology and software industries.

Bravo accepts tech startups that are ready to launch or scale sales. Program topic areas include achieving a marketable product, building a sales pipeline, creating clear operations systems, using target marketing, and establishing and growing a solid customer base. Participants receive intensive training on how to develop a winning pitch, strengthen their business model, and fine tune products and/or services.

Bravo invites applications once a year. Applicants who match the program’s criteria are reviewed by an independent committee that selects the top 15 to 20 participants. Each of them is awarded a $30,000 one-time seed grant to cover resources for operations, living expenses and relocation to Mayagüez or Western Region of Puerto Rico. Teams also receive an in-kind contribution of $5,000 for technical assistance and consulting services. Participants have access to the program’s dynamic office hub, outfitted to support learning, collaboration and success.

Benefits

Inspiration and Mentorship

Work in a collaborative learning environment with direct access to high-quality, motivated mentors.

Solid Business Know-How

Acquire in-depth operational and financial knowledge to help you build and run a profitable business.

Opportunity and Access

Connect with a network of local and global experts that can answer your questions and offer expert guidance.

Ongoing Support

Establish relationships with people who will continue to sustain your development as a successful entrepreneur.

Mentors

Different mentors get involved at different stages during the program. Among these mentors are REP Leaders from current Thoma Bravo portfolio companies, stateside advisors from the Thoma Bravo network at large, and highly accomplished local leaders and founders.

Participants have access to the foundation’s Mayagüez-based team, including a faculty in residence who daily follows up on their learning progress and supports them implementing new ideas.

Alumni

Check out some alumni of our Rising Entrepreneurs Program.

Ready to Change the World?

Timeline

  • 2021
  • October 1 – 31, 2021

    Call for Applications

  • December 10, 2021

    Notifications to selected Team Finalists

  • December 16, 2021

    Pre-pitch Seminar

  • 2022
  • January 10 – 21, 2021

    Individual Coaching Sessions

  • January 25 – 26, 2022

    Pitch Presentation Day

  • January 27 – 28, 2022

    Notify selected Cohorts 2022

  • February 19 – 20, 2022

    REP Kickstart Event

  • February 23 – 25, 2022

    Agile and Team Building Bootcamp at Mayagüez

  • March 1 – May 6, 2022

    REP Curriculum Program at Mayagüez

  • June 1 – August 31, 2022

    REP Summer plus

  • September 13 – 14, 2022

    Closing Event

Thoma Bravo

Thoma Bravo is one of the largest private equity firms in the world, with more than $83 billion in assets under management as of June 30, 2021. The firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging the firm’s deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings. Over the past 20 years, the firm has acquired more than 325 companies representing over $100 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco.
For more information, visit thomabravo.com.

Orlando Bravo - Bravo Family Foundation

“Puerto Rico is historically known for graduating exceptional tech and engineering talent. However, top candidates consistently find attractive job opportunities abroad and not locally. Few entrepreneurs remain on the island, where they confront limited resources, lack of incentives and scant financial support.

We want to create an environment that provides knowledge, access and capital to help leaders start local tech businesses that can thrive and improve economic conditions for their families, communities and the people of Puerto Rico.”

Orlando Bravo

Managing Partner of Thoma Bravo