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JUBA SOUTH SUDAN
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Business Description
Build a more inclusive, prosperous society and economy for Puerto Rico.
Foster principles of social justice in Puerto Rico by empowering youths and leaders of under-served communities to have equal access to personal and economic advancement opportunities. We do this by developing community leadership, purpose-driven technology, entrepreneurship and innovative ventures.
for youths of all socioeconomic backgrounds to channel their entrepreneurial energy and leadership abilities.
achieve personal and professional growth and encourage them to become leaders and role models who will foster Bravo’s mission of social justice and economic development.
The program promotes business creation by providing recent graduates and professionals the skills, experience, mentorship and financial back-up who need to build and sustain prosperous entrepreneurial ventures.
Our program works with leaders of community-based organizations and youth in communities with limited opportunities for socioeconomic development in Puerto Rico.
This program provides high school and university students with the tools, knowledge, skills, coaching, opportunities, and experiences to discover their full potential and cultivate an entrepreneurial mindset and technological innovation that will last a lifetime.
The poverty rate in Puerto Rico is 43% compared with the national U.S. (average of 12% as of US Census Bureau 2021).
The median annual household income for the 3.2 million U.S. citizens who live in Puerto Rico is $21,967 versus $70,784 in the States (as of US Census Bureau 2021).
The unemployment rate for youths aged 15 to 24 in Puerto Rico is 13.11% compared with 8.5% on the U.S. with in 2022 as of the Bureau of Labor Statistics.
Young people without a high school diploma are three times more likely to be unemployed, underemployed or working for very low wages, often earning an annual income of $17,680 or less.
About 56% to 58% children live in concentrated poverty in Puerto Rico.
Being an entrepreneur is considered a good career choice by 20.7% of the Puerto Rico population, the lowest percentage in more than 100 countries surveyed by GEM.*
Most entrepreneurs have little support creating and sustaining a new business venture.
While some 22,000 STEM students graduate each year in Puerto Rico, 60% to 70% leave the island searching for better opportunities.
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