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.
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.
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.
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.
Establish relationships with people who will continue to sustain your development as a successful entrepreneur.
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.
Check out some alumni of our Rising Entrepreneurs Program.
Ready to Change the World?
October 1 – 31, 2021
Call for Applications
December 10, 2021
Notifications to selected Team Finalists
December 16, 2021
January 5 – 17, 2021
Individual Coaching Sessions
January 19 – 20, 2022
January 27 – 28, 2022
Notify selected Cohorts 2022
February 16 – 18, 2022
Agile and Team Building Bootcamp at Mayagüez
February 23 – 24, 2022
REP Kickstart Event
March 1 – May 6, 2022
REP Curriculum Program at Mayagüez
June 1 – August 31, 2022
REP Summer plus
September 13 – 14, 2022
Thoma Bravo is one of the largest private equity firms in the world, with more than $91 billion in assets under management as of September 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 or invested in more than 350 companies representing over $155 billion in enterprise value. The firm has offices in Chicago, Miami and San Francisco. For more information, visit thomabravo.com.
“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.”
Managing Partner of Thoma Bravo