Applications are currently open for the Startup Chile Seed Acceleration program for companies with a functional product and early validation.
Start-Up Chile (SUP) is a public startup accelerator created by the Chilean Government for high-potential entrepreneurs to bootstrap their startups and use Chile as a foundation. Today, Start-Up Chile is the leading accelerator in LATAM, among the TOP 10 globally, and one of the biggest and most diverse startup communities in the world. Start-Up Chile has been a global game changer. After it was created, 50 countries followed suit and created similar programs.
The Seed program attracts world class entrepreneurs to do business in Chile. Seed accommodates early stage entrepreneurs who will strengthen the enterprise environment, support the culture of innovation in Chile and connect with Latam to grow from our region to the world.
BENEFITS:
Equity free money
The startup will receive funding towards 90% of total program costs and through either reimbursement, or an advance payment plan. The founder/startup must provide 10% of the remaining funding. Applicants can apply for additional $25 MM Chilean pesos, to stay in Chile for an additional period of max 8 months after their initial stage.
Accelerations & 7 month experience
During your 7 month experience in Chile, Start-Up Chile will accelerate and support your business. You will also be a part of an inclusive and energetic environment with other like-minded entrepreneurs to have the experience of a lifetime. We have built this program to help you to accelerate your business. Also, Start-Up Chile is here to be sure that you will have a life time experience in Chile, the best country in Latam for startups. The duration of your stay in Chile will be for at least 9 months.
One year working visa
Foreign teams will be provided with a one year working visa. All teams will have access to the Start-Up Chile community which includes up to $300,000 USD in perks such as Microsoft BizSpark, Facebook Start, Amazon Web Services and many others. All startups are able to use our central co-working space for up to 9 months after their arrival to the program, free of charge.
Application process: From July 17th to September 4th, 2018
Results: November 30th, 2018
Program Starts: February 19th, 2019
Interested? Apply here
