Empowering Innovative Entrepreneurship CONECTA 2020

29 October 2020 / San Juan, Puerto Rico – AES Puerto Rico, in partnership with the organization The Trust For The Americas, today announced the call for proposals for the “Potenciando el Emprendimiento Innovador CONECTA” project, with the goal of strengthening new business ideas or existing microenterprises on the island.

The project, which is being carried out for the third consecutive year, began with the awarding and recognition of the 10 entrepreneurs who participated in 2018 and 2019 for the resilience of their ventures in times of crisis and great challenges. Likewise, the application period for the next cycle of the project began, starting on October 29, 2020, with the selection of 20 entrepreneurs to receive financial incentives and training. The winners will be chosen by a five-member committee that will evaluate criteria such as social impact, number of beneficiaries, demonstrated commitment by the participants, improvements in employment opportunities, and business innovation.

“At AES Puerto Rico, in addition to being committed to Puerto Rico's energy transition, we also prioritize the socioeconomic development of our communities through social projects that incorporate sustainability as a way to generate employment conditions and contribute to human development in the communities where we operate, commented Jesus Bolinaga, president of AES Puerto Rico.

The purpose of the Empowering Innovative Entrepreneurship CONECTA 2020/2021 project is to strengthen new business ideas or existing micro-enterprises with a comprehensive training process in innovation methodologies, business model development, digital transformation, business skills, and mentoring in business acceleration and seed capital for the best selected enterprises. 

For her part, Linda Eddleman, executive director of The Trust For the Americas, stated that “our mission as The Trust For the Americas is to provide the knowledge and tools necessary for communities to create economic opportunities, become sustainable, and improve their quality of life, that of their families, and to drive growth in their communities. This partnership between The Trust For the Americas and AES Puerto Rico is part of our ongoing commitment to the island’s future, to promote entrepreneurship as a clear path to sustainable development.”

Micro-entrepreneurs who wish to know the requirements can access the Facebook page https://www.facebook.com/groups/conectapuertorico When applying for admission to the Potenciando el Emprendimiento Innovador CONECTA 2020/2021 project, you must access https://n9.cl/yzqc  for more details.

About The Trust for the Americas

The Trust for the Americas is a nonprofit organization affiliated with the Organization of American States (OAS). Established in 1997 to promote public-private partnerships, The Trust has implemented projects in 24 countries and has worked with more than 1,000 organizations in the region. Our initiatives seek to promote educational and economic opportunities, as well as government accountability and transparency. Our unique partnership with the OAS gives us access to decision-makers throughout the region. This vital partnership is the foundation through which we build strong networks across all member states and the private sector. Through the development of our region, The Trust continues to help overcome challenges through strategic partnerships that promote cooperation for sustainable results. The Trust for the Americas is a 501(c)(3) nonprofit organization. For more information, visit www.thetrustfortheamericas.org

About AES Puerto Rico

AES-PR is a subsidiary of AES Corporation (NYSE:AES), a global energy company. AES Corporation operates a portfolio of 34,000 MW, diversified by fuel type, including more than 3,000 MW in solar and wind projects that are either in operation or under construction. AES-PR provides safe, reliable energy at the lowest cost. Currently, AES-PR generates approximately 25% of Puerto Rico’s electricity. AES-PR’s operations contribute to the island’s economy by creating 110 direct jobs and 600 indirect jobs, providing significant employment opportunities.  AES-PR has diversified the island’s energy production through AES Ilumina, a 20 MW solar facility. AES Corp. has set an ambitious goal: to reduce coal-fired generation in its portfolio to less than 10% by the year 2030.

Puerto Rico