Officially a #pre18ner!
They provide 20k USD in equity free funding, mentorship and access to their network.
20k in funding should be enough runway for takeoff.
This is the first time I get into a program of this type after many attempts. Persistence pays off.
The program takes place in my native Puerto Rico. Now I feel an obligation to make this startup grow beyond me so that I can support the local economy.
BTW Puerto Rico is good place to start a startup. Checkout the Parallel 18 program (pre18's big sister). They provide 40k in equity free funding for startups from anywhere in the world.
Since Puerto Rico is a US territory, you get access to the US system while at the same time being in a fiscal paradise. There are many US expats who moved here for the tax benefits and the year round nice weather.