San Juan-based Codetrotters Among 20 to Join World’s 1st Startup Decelerator
SAN JUAN – Codetrotters, the first hacker school in the Caribbean has been selected from 400 applicants as one of the 20 global startups to join the world’s first decelerator.
Only two-time entrepreneurs with proven track records and the ability to impact more than one billion people worldwide are eligible to participate in the two-week retreat on the island of Menorca, Spain, where founders, guided by renowned mentors, decelerate in an environment that allows them to “reduce mental noise,” while connecting with investors and getting ready for acceleration.
“We feel privileged that we were selected for this program. We’ve been preparing for growth since we launched nine months ago and now we’re ready to gain a fresh perspective and kick off our acceleration,” said Sofia Stolberg, co-founder and CEO of Codetrotter and co-working space Piloto 151.
During two intense weeks in June, the 20 participating startups will receive mentoring from international experts including Di-Ann Eisnor, VP of growth at Waze, acquired by Google for over $1 billion; Martin Varsavsky, telecom mogul and founder of Wi-Fi network provider FON,; Verne Harnish founder of Entrepreneur’s Organization; and Manel Adell, former CEO at Desigual, among many others.
Last year, Menorca Millennials alumni collectively raised $6.8 million euros only three months after the program ended.
“In many ways, the program starts after the two weeks in the Balearic island. The Menorca Millennials team has deep-rooted relationships with investors all over the world and they are committed to introducing participating startups to potential investors and supporting them in their fundraising efforts,” said Michael McClure, also co-founder at Codetrotters.