Supporting Puerto Rico-based businesses looking to attract capital.
Unlock Capital is a program for founders and executives in growth-oriented businesses. Unlock Capital offers education, mentoring, technical assistance, and other services to help businesses attract investors and raise capital.
We evaluate companies and applications on an annual basis. The Unlock Capital Cohorts have raised more than $14.4M collectively during and after the program.
Because of our experience and focus on venture capital and private equity investments, CDVCA has a deep understanding of what it takes to prepare businesses to raise capital effectively. Help us spread the word about this program supported by Community Development Block Grant Disaster Recovery Funds and the Puerto Rico Department of Housing’s Small Business Incubator and Accelerator Program through 2026.
Unlock Capital. Invested in Your Growth.
2026 Cohort
The Community Development Venture Capital Alliance’s 2026 Puerto Rico Unlock Capital Cohort includes a diverse group of early-stage companies operating across technology, food and agriculture, infrastructure, creative industries, sustainability, and specialized consumer ventures. Collectively, the cohort reflects a strong pipeline of businesses building practical, growth-oriented solutions rooted in Puerto Rico’s unique market context, cultural strengths, and economic opportunities.
For deeper insight into any of the businesses profiled below, or to discuss opportunities to engage with the cohort, please contact Lucciano Díaz (ldiaz@cdvca.org), Program Manager, and/or Emmanuel Loubriel (eloubriel@cdvca.org), Senior Program Manager at CDVCA.
AI, CONNECTIVITY & INTELLIGENT INFRASTRUCTURE
This cohort theme includes companies building software, AI-enabled tools, connectivity solutions, and advanced digital systems for business, healthcare, and operational environments. The businesses in this category are addressing core challenges across data analysis, workflow automation, communications, cybersecurity, and network reliability, often in sectors still shaped by fragmented processes and legacy systems. As a group, they represent technology-driven solutions designed to improve decision-making, increase efficiency, and strengthen performance in areas where speed, intelligence, and trust are critical to adoption and long-term value creation.
iTerra Solutions, LLC: Sensing-first electronic warfare systems that help operators detect and respond to unmanned and RF-enabled threats in contested spectrum environments.
Pre-seed | Puerto Rico
Capicú Technologies LLC: Applied AI/ML studio co-designing advanced analytical systems at the point where biological and medical data is generated.
Angel | Puerto Rico
Supply Veins, Inc.: AI-native procurement communications platform built to streamline sourcing workflows and make supply chain coordination seamless.
Seed | Puerto Rico
QuantumCare LLC: HIPAA-compliant AI pharmacy software automating prescription entry and prior authorization analysis to reduce errors and improve operational efficiency.
Pre-seed | Puerto Rico
DME NETWORK: Enterprise work browser for SaaS and AI that helps protect people and data where modern work happens.
Seed | Puerto Rico
PRtronics: Fixed wireless internet provider using LTE and 5G technology to deliver reliable connectivity across Puerto Rico and underserved markets.
Seed | Puerto Rico
COMET LLC: Digital continuing education platform for clinical lab technologists, simplifying license renewal through affordable accredited training and professional community.
Seed | Puerto Rico
FOOD SYSTEMS, AGRICULTURAL INNOVATION & LOCAL VALUE CREATION
This cohort theme brings together companies operating across agriculture, food production,and consumer-facing food experiences rooted in local value creation. While the businesses span distinct models, they share exposure to long-term tailwinds around food security, local sourcing, supply chain resilience, and growing demand for products that reflect quality, cultural relevance, and place-based identity. The theme includes both production-orientedventures and differentiated food brands that seek to improve how food is grown, produced,and brought to market.
Puro Campo LLC: Puerto Rico-based food and agriculture venture focused on locally rooted products and agricultural value creation.
Pre-seed | Puerto Rico
Empresas PPC Inc: Agricultural business focused on farm-based production and food-related operations in Puerto Rico.
Angel | Puerto Rico
Ladrido LLC: Fermented food venture creating locally sourced, shelf-stable products that support digestive wellness while celebrating Puerto Rican culinary heritage.
Seed | Puerto Rico
Stoked Dreamers LLC: Beachside coffee and surf lifestyle brand blending specialty coffee, curated retail, and community-driven experiences in Puerto Rico.
Angel | Puerto Rico
CREATIVE ECONOMY, CIRCULAR INNOVATION & SPECIALIZED CONSUMER VENTURES
This cohort theme brings together companies developing differentiated products, creative services, and mission-driven solutions across wellness, media, and circular economy innovation. While the businesses span distinct categories, they share exposure to long-term tailwinds around brand differentiation, values-driven consumption, environmental awareness, and demand for specialized offerings that stand out in the market. The theme includes bothculturally rooted creative ventures and purpose-led product companies that seek to redefinehow content, wellness, and sustainability-oriented solutions are developed and delivered.
ManaT Studios: Animation studio creating world-class animated content while developing local talent and connecting Puerto Rico to the global animation industry.
Pre-seed | Puerto Rico
Renóva: Circular economy venture transforming organic waste into clean energy and natural fertilizer for
communities and small businesses.
Angel | Puerto Rico
Nekora LLC: Skincare product development and R&D company creating innovative beauty and wellness formulations.
Angel | Puerto Rico
PETRA AROMA LLC: Caribbean botanical oils brand creating plant-based wellness products for hair, skin, and therapeutic body care.
Angel | Puerto Rico
BUILT ENVIRONMENT, INDUSTRIAL SOLUTIONS & ADAPTIVE INFRASTRUCTURE
This cohort theme includes companies delivering practical solutions for the built environment through contracting, design-building execution, and modular construction. Businesses in this category are addressing essential infrastructure and facility’s needs, often in markets where cost, speed, flexibility, and dependable execution remain central to customer demand. As a group, they represent businesses focused on improving how physical spaces and systems are designed, built, and deployed to meet evolving commercial and industrial needs.
A&GS CONTRACTOR INC: HVAC and refrigeration contractor delivering turnkey design-build solutions for commercial and industrial clients.
Angel | Puerto Rico
Modern Containers: Container construction company building modular spaces and structures through repurposed shipping container solutions.
Pre-seed | Puerto Rico
2025 Cohort
Afya simplifies payments, memberships,
scheduling, programming, and marketing for fitness professionals and wellness
facilities.
BeHealth is a leading digital media outlet in Puerto Rico that develops innovative,
multi-channel strategies in the healthcare sector, combining information,
awareness, and trends to empower the community with free access to reliable
tools and resources for their physical, mental, and emotional well-being.
Cutting Edge Superconductors is producing MgB2 superconducting wires for helium-free MRI and developing Room Temperature Ambient Pressure Superconductor
products, including PCB (Printed Circuit Board) and wires.
CreaLab is a creative food brand that transforms baking into an experience. Baking Party Box bringing fun and creativity into the kitchen with themed baking kits,
interactive workshops, and custom dessert services for families and corporate
events. At CreaLab, we don’t just bake, we create moments. Through innovation
and artistry, we turn desserts into unforgettable experiences.
To provide cancer patients with potentially life-extending treatment options that enhance both their survival prospects and overall quality of life.
Planning and Financing Medical Equipment Acquisitions—On Autopilot.
Flexio is an AI-powered routing and driver management platform that optimizes last-mile delivery operations for businesses by enhancing efficiency, automating
processes, and seamlessly integrating with external delivery capacity
Bootstrapped AI R&D company pioneering affective computing.
MedETechni develops cutting-edge medical technology, including Virgilio Rays, a UV-C therapy device that accelerates wound healing and reduces infections without antibiotics.
Creating a healthy and safe lifestyle using breadfruit.
Murmuratto is a workflow automation platform designed for companies to pursue innovation, business improvement, and sustainability and strategy deployment efforts.
Outcome Project is a technology and data science company that equips health leaders with continuous learning and advanced tools to revolutionize patient care and public
health.
PolyGhost is an industrial manufacturer that designs and produces its own array of disruptive and USPTO patented mixing, dosing and separation technologies to the industrial world.
PROMOV connects brands with consumers through targeted advertising on rideshare vehicles (Ubers).
Connecting people with unique spaces.
Turmerico creates delicious turmeric-based food and beverage products that make it easy to add turmeric to your life.
Wealth2B enables fintechs and banks to offer automated investment services to their
users from their own platforms in record time.
Streamline your business operations with our powerful time tracking and invoicing app.
Maximize productivity, get paid on time, and focus on what matters most.
2024 Cohort
A cloud-based health insights platform for better patient outcomes.
B2B AI computer vision provider for companies who are looking to optimize their operation and increase revenue.
Family-owned distribution company focused on office, school and craft supplies.
Transforming digital gift cards into unique digital assets that provide ongoing value for restaurants and their guests.
A credit score improvement solution targeted at the Latinx market through multi-loan accelerated programs.
Building sustainable homes and multi-use facilities resilient to severe climate conditions, transportable and independent from larger grid infrastructure using upcycled and recycled materials.
An innovative clinic with mobile solutions that brings the doctor to you in a convenient way.
A company that offers high-quality natural products that promote the personal care and well-being of its customers.
Manufacturing of furniture and decor, such as custom booths, displays, cutouts and signs, for children and businesses.
Business Management Cloud Solutions (POS, ERP, CRM) designed to enhance the customer experience, integrate local banking and automate operations leveraged by 6 industries and growing.
An artisanal ice cream shop located in San Juan, Puerto Rico that also serves coffee and crepes.
Puerto Rican gourmet hot sauce. We enhance taste!
From camper van rentals to an adventure and discovery platform.
A technology startup integrating innovative and clean technologies into different aspects of life, especially those involving essential resources like water.
2023 Cohort
Welding supplies company engaged in the exclusive distribution of industrial and commercial welding products and brazing needs.
LG Sales and Service Representative of heating, ventilation and air conditioning systems for PR and the Caribbean.
Developer of digital tools and algorithms to automate administrative processes and repetitive tasks.
Fresh pasta manufacturing and distribution company based in Mayaguez, PR.
Exclusive line of wine-based gelato (Italian-style ice cream) infused with different fruits and spices.
Marketplace that facilitates the process of looking for humane and professional caregivers for family and loved ones.
Cybersecurity software that offers customers Data Protection and Risk Management.
Novel temperature-control technologies to safely store and transport medications, biologics, and other temperature-sensitive components.
Online marketplace that connects Latino writers and readers across the world.
Biotech company based in PR dedicated to developing anticancer drugs for metastasis inhibition and tumor growth regression.
First local 100% plant based and gluten free ice cream and dessert shop in Puerto Rico.
Unique Mexican culinary experience where customers can enjoy top-quality food cooked with local fresh ingredients.
Color-coded organizational notebook system and tools that promote the development of executive functions in an easy and efficient way.
Designer, manufacturer, and distributer of prefabricated and modular structures that are assembled without screws or welding.
2022 Cohort
Farm Operation Management Software that helps farmers manage all their operational data in one place.
Agribusiness growing and processing breadfruit gluten free flours.
Super-premium rum brand handmade in the mountains of Jayuya, Puerto Rico.
Mobile app that gives users situational awareness of their surroundings to help keep them safe.
Platform that uses a match making algorithm to connect businesses with curated freelancers.
E-commerce company that connects the specialty coffee growers of Puerto Rico to consumers around the world.
Mobile app for B2C last-mile food and products delivery and B2B on-demand logistics.
Agribusiness that creates products such as gluten free bread and croutons using breadfruit from their farm in Utuado.
Manufacturer of health (disinfectants, detergents, hand sanitizer) and food (seasoning blends, vanilla flavor, vinegar) products for wholesale and private labels.
Food manufacturer for corn tortillas and chips under the "Doña Lola" brand serving the foodservice, retail, and direct- to-customer markets.
Creators of INNOVATIO ND2TM, a test that identifies the risk of developing diabetic kidney disease to help avoid dialysis treatment.
SaaS pricing and revenue management analytics platform for property managers of short- term rentals.
CaaS (Community as a Service) platform connecting more than one million users to the products that inspire them.
Agribusiness focused on value- added and manufacturing of frozen food products from the west side of Puerto Rico.
Domestic, commercial, and industrial recycling services of organic residuals to create compost and circular economy products.
The 2026 National Unlock Capital Cohort advances CDVCA’s mission to expand access to growth capital and strengthen entrepreneurship in underinvested markets, drawing on more than three decades of leadership in community development venture capital, job creation, and place-based investing.
Through Unlock Capital, CDVCA provides targeted education, mentoring, technical assistance, and individualized advisory support that help founders build investor readiness and navigate pathways to sustainable business growth and long-term economic impact. This year’s program operates through two tracks, Capital Access and Capital Readiness, designed to meet founders where they are in the capital journey while connecting teams to investor networks, institutional standards, and opportunities for revenue growth and scale.
Since launching in 2022, Unlock Capital has grown in both reach and measurable impact. Over the past two years, the program has supported 58 early-stage companies across sectors including healthcare, technology, manufacturing, food innovation, logistics, fintech, and sustainability, helping them secure a combined of approximately $15 million in investment and follow-on financing. These results reflect CDVCA’s broader track record as a certified Community Development Financial Institution with more than $400 million managed across funds and businesses and a long history of deploying capital that supports market-rate returns, business growth, and job creation nationwide.
Unlock Capital is made possible through support from the Community Development Block Grant Disaster Recovery Funds and the Puerto Rico Department of Housing’s Small Business Incubator and Accelerator Program.
Frequently Asked Questions
What does Unlock Capital do?
Unlock Capital offers a suite of services, including education, technical assistance, networking and mentoring, for businesses seeking high-level support to attract growth capital.
Unlock Capital features industry leaders and experts who provide workshops, webinars and one-on-one mentoring, including determining financial needs (i.e., raising the right investment capital), where to look for capital, fundraising strategies, due diligence, investment risk mitigation, investment terms negotiation, financial modeling and presenting financial data, the art of pitching, among others. All services are tailored to individual business needs and are subject to change.
What makes Unlock Capital different from accelerators or incubators?
Rather than providing general business advice and assistance, Unlock Capital is laser-focused on helping companies identify and attract appropriate financing to help them grow.
Who is encouraged to apply?
Companies with a presence in Puerto Rico or based in Puerto Rico poised for significant growth and seeking to understand what amount of capital is needed, which types are appropriate for their business, and how to secure funding.
Will there be a fee for the services offered through Unlock Capital or will it require giving up equity?
The services provided through Unlock Capital are free of charge to those businesses selected to participate thanks to Community Development Block Grant Disaster Recovery Funds (CDBG-DR Funds) and the Puerto Rico Department of Housing’s Small Business Incubator and Accelerator Program (SBIA Program).
When will the services be available and how long will they last?
CDVCA Unlock Capital’s program runs on a rolling basis. Each selected participant will receive services based on their needs. A typical engagement may last between 3 and 6 months. During this span each participating business develops a tailored investment readiness plan or memo and takes part in a series of cohort activities to address shared
growth needs and challenges that are specific to each business.
Can a single person/solo founder apply?
Yes. Single owner businesses are encouraged to apply, however, Unlock Capital is meant for businesses that already have a core team in place and are positioned to grow further.
Does CDVCA invest in the participating company selected for Unlock Capital?
CDVCA does not plan to invest in active participants. However, depending on the participants’ progress, CDVCA will introduce them to investors and/or funds in its network.
If we have participated or currently participate in an accelerator/incubator program, can we apply for Unlock Capital?
Yes. Because Unlock Capital is laser-focused on capital finance growth, our services may complement those offered by other programs. You might receive more general business planning services from another program and come to us for help with financing. Unlock Capital will be collaborating with other accelerators to complement services.
Do participants need to be part of a particular industry, such as Tech, to participate?
No. All types of businesses are encouraged to apply.
How to apply to Unlock Capital?
Look for the “Apply Now” button at the top of this page.
CDVCA is a national network for the field of community development venture capital investing. The 30-year-old non-profit is certified as a Community Development Financial Institution and provides startup and growth capital to businesses in underinvested markets, seeking market-rate financial returns and job creation.
CDVCA has raised and is deploying more than $300 million of impact investment capital, part of which is the $45 million Puerto Rico Fund for Growth (PRFG). PRFG invests in locally managed funds that provide equity and debt financing to Puerto Rican businesses.
CDVCA is a 27-year-old, not-for-profit organization, certified by the Department of the Treasury as a Community Development Financial Institution (CDFI). We accomplish our mission by both building the field of business finance impact investments and by making investments directly in businesses. We have raised and are deploying over $300 million of impact investment capital in a variety of funds, including the $45 million Puerto Rico Fund for Growth, of which we are the managing general partner. In 2022, CDVCA is launching Unlock Capital, an investment readiness program.
Unlock Capital will offer a suite of services including education, technical assistance, networking and mentoring to businesses seeking high-level support to attract growth capital.
Unlock Capital will have industry leaders and experts providing workshops and webinars, which may include determining your financial needs (i.e., raising the right investment capital), where to look for capital, fundraising strategies, due diligence, risk mitigation, negotiation, financial modeling and presenting financial data, art of pitching, among other. These may be subject to change depending on the participant’s business needs.
Unlock Capital is laser-focused on finance, growth and investing. Unlike other programs, Unlock Capital seeks to offer services tailored to each participant’s needs to increase investment readiness.
No. The services provided through Unlock Capital will be free of charge to those businesses selected to participate in the program.
Unlock Capital’s service period runs from March 1st, 2022, to August 31st, 2022, barring necessary changes or exceptions. Each participating business will receive an investment readiness plan with recommended activities to complete within this period. Core workshops/webinars will be provided throughout those six (6) months, but technical assistance will be tailored to the participant business’ specific needs and scheduled according to each party’s availability.
Yes. Single owner businesses are encouraged to apply as well, and the business can be represented by a single owner. However, the program is meant for business that already have a core team in place and are in position to grow further.
CDVCA invest in active program participants. However, depending on the participants’ progress, CDVCA will introduce them to other investors and/or funds in its network.
Yes. Unlock Capital is not and exclusive program. The type of services provided through Unlock Capital can differ from other accelerator/incubator programs and it could be beneficial for some companies to participate in both. Moreover, Unlock Capital will be collaborating with some accelerators to complement services as best as we can.
No. All types of businesses are encouraged to apply.
Our Partners
We are proud to have formed strong partnerships with a diverse range of collaborators who share our vision and values. Our collaborators offer valuable insights, mentorship, and access to networks that complement our core program, enhancing its effectiveness and maximizing your chances of investment success. Together, we provide a comprehensive ecosystem of resources and expertise to propel your investment readiness journey forward.
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Meet Our Team
At Unlock Capital, we are committed to empowering entrepreneurs like you to take their businesses to new heights. Our program is designed to equip you with the skills, knowledge, and resources needed to attract investment and fuel your growth. Meet our team of dedicated professionals who will guide you on your investment journey.
Supporting High Potential Puerto Rico Businesses
Learn. Collaborate. Achieve.
Complete this contact form to submit your questions or request a personal orientation.
For general inquires write to: unlockcapital@cdvca.org
Address
530 Avenida de la Constitución
Suite 244
San Juan, Puerto Rico 00901