Connecting continents through entrepreneurship
San Juan – February 27, 2019.With tech entrepreneurship booming in Puerto Rico since Hurricane Maria, Morro Venture Partners, under parent company Advent-Morro Equity Partners, has launched a $20 million early-stage venture fund to support and fuel the growth of technology companies from the island. Following decades of success as a growth equity investor, Advent-Morro recognized […]
The growth of the Puerto Rican entrepreneurial ecosystem has always been impressive to us, almost like proud parents. However, others in the global tech world are starting to take notice! On October 30, the Consejo Empresarial de America Latina (CEAL) held its annual meeting in Mexico City and, for the first time, showcased tech, entrepreneurship, and the […]
In May 2018, Governor Rossello, Sebastian Vidal (Executive Director of Parallel18), and Cyril Meduna (Partner of Morro Ventures) spoke to a broad, San Francisco-based tech community about the importance building a comprehensive, locally funded Puerto Rico tech ecosystem to promote innovative economic growth. Puerto Rican tech is in the nascent stages, but the foundation is […]
Over the last few months, I think nearly everyone concerned, attached, or otherwise involved in Puerto Rico has contemplated on what the future may look like for the island. For better or worse, Hurricane Maria eliminated the option to perpetuate the status quo. Through the incredible generosity of ConPRmetidos, I had the opportunity to go to […]
Following the destruction of Hurricane Irma in the Caribbean, David Bogaty – owner of WorldNet, a local broadband service provider in Puerto Rico – commented on CNBC that Irma is only one small blip compared to the devastation of prolonged economic hardship. Puerto Rico is clawing back from a $120 billion public sector debt and pension obligation […]
Hey, all! I’m Allison – a fairly recent addition to Puerto Rico, or La Isla del Encanto to those of us on the inside. I traded the New York smog for the Caribbean breeze in early March, with the goal of launching the island’s first institutional venture capital fund under the auspices of Advent-Morro Equity […]