Start-Up Chile is a Chilean Government run program and executed by Corfo, that attracts early stage, high-potential entrepreneurs to bootstrap their startups in Chile, using it as a platform to go global. The goal of the program is to position Chile as the leading innovation and entrepreneurial hub of Latin America. This is a mission shared by the Government of Chile and the Ministry of Economy.

Not necessarily. Applications can be submitted from anywhere in the world via our website. We will only receive application forms that have been filled out completely, no partial applications will be received.

The S Factory is a pre-accelerator that promotes women in startups. We are looking for teams that have at least one female founder and that are technology related with high impact potential to join us for a 4 months experience to learn all the basics to get started in the startup world. We want to help them turn innovative ideas into functional prototypes. Plus, participants will get the opportunity to live the amazing experience of learning side by side with Start-Up Chile, the largest and most diverse startup community in the world.

The next batch –Generation 5- will last from June 2017 to October 2017.

Applications for Generation 5 start on March 14th and ends on March 28th, 2017.

Being part of a new, groundbreaking entrepreneurial experience. Having the chance of a lifetime that will probably change the perspective on how to approach new opportunities and business in general. Also meeting vibrant entrepreneurs from all over the world in a multicultural and collaborative workspace.

The program assigns a CLP$10,000,000 (around USD$15,000) grant per startup, a 1-year resident visa for the team members specified in the application, as well as a nice and comfortable workspace (desk & wifi) that is shared with entrepreneurs from around the world. The best part of the The S Factory is the networking, inspiration, and productive experience to get ideas off the ground.

Not necessarily. Applications can be submitted from anywhere in the world via our website. We will only receive application forms that have been filled out completely, no partial applications will be received.

Not necessarily. If you are Chilean you must apply with your valid local ID. If you are a foreigner already living in Chile you must apply with your valid Chilean ID for foreigners. If you don’t meet any of these criteria above, you must apply with a valid passport from your home country. We need your passport at the moment of applying to make the arrangements to get visas processed as soon as the results are given so this turns out into a fast and efficient process.

team’s accomplishments from a third party’s perspective. Make sure to look for a mentor, other entrepreneur, teachers, or even a colleague to explain us why you are a good leader and what situations in particular are a good example of this. When you begin filling out the application form via YouNoodle, you will have to provide the email of the person(s) that will write your recommendation letter. YouNoodle’s system will then send an email with a unique notification to that person. This person will also be able to see the team’s application but will only be able to view it, not editing it. Also, the applicant will not be able to see the answers of the person(s) who writes the recommendation. An application cannot be submitted until the recommendations have been filled out, and in between one and three letters can be submitted.

Yes. A 2 minute video pitch must be included because we want to see the founder, how passionate she is in making her startup happen, how energetic she is towards learning and how proud she is with her leadership accomplishments. Also take in consideration the following questions: I. What is your startup idea? Show a prototype/mockup if necessary. II. How did you detected an opportunity? What problem you want to solve? III. Why your skills and your team’s skills are important to the startup? IV. Why you will be a terrific startup female founder? Provide a direct YouTube or Vimeo link of your pitch video (not to a website with the embedded video). Make sure it is not password-protected and be sure to introduce the founding team in person in the video as well. We strongly recommend not to do animated videos. Our team has prepared two examples of video pitch to give you an idea on how to prepare yours. Check the solo founder video and the team video in these links.

Participants: Founder (35%) and Team (15%) | Product or service (30%) | Market and competitive advantege (20%).

Application results for Generation 5 are going to be published on April 2017. If your application was reviewed by our board of judges but wasn’t selected, you’ll receive an email with the results and the points that didn’t meet the criteria or were not evaluated as good as the others. If you are accepted as a participant, you’ll get an email with further steps to follow.

Yes. But you can apply with the same startup idea up to 2 times.

The S Factory is looking for globally-minded female enthusiasts that want to start their entrepreneurial life. We want to inspire and attract soon to become entrepreneurs who want to start their businesses using Chile as a platform. Your startup idea or prototype should be globally-oriented and scalable. It is crucial that the founder of each project participating in the program is willing to live in Chile for at least 3 months, plus one month due to legal procedures. Take this into consideration when you plan your travel ahead.

No. Companies considered consulting, import/export, and franchises won’t be funded by The S Factory because we don’t consider them easily scalable ones.

The beneficiary is the founder–a natural female person–who is the sole recipient of the grant for the startup’s expenses. The capital will be distributed only to the beneficiary. This is the person who applies in the official application form and is required to stay in Chile for the full 12 weeks of the program and the additional month due to legal procedures. It is a legal requirement that the beneficiary devotes 100% of her time to the startup. She is responsible to uphold the rights and obligations that are established in the Subsidy Agreement and is the legally responsible party concerning Corfo. All participants -beneficiary and team member- must be adults under the laws of Chile (18+ years of age).

Aside from the founder, there is a limit of an additional team member who will be able to join the program upon their team’s acceptance. Team members have to apply on the same application form of the startup. It is not required for team members to live in Chile for three months: they can be part of the startup and work abroad. They are not required to work full-time on the startup as well; we highly recommend them to do so, but it is not mandatory. Team members included in the application form are also allowed to submit their expenses for the monetary revision process. However, the startup cannot hire services from: the team member (individually or a company owned by her/him), other companies or members within the pogram or any other Corfo program with a valid contract in exercise. If a company has already gone through a grant with Corfo and its subsidy is completely closed and approved, then you can hire their services. All expenses must be addressed either to the beneficiary -founder- or the team member.

No. All of the program’s communications will be in English, but remember– you will be living and working in a Spanish speaking country, learning the basics is always recommended. Furthermore, if your first language is Spanish, we highly recommend that you learn English given that all activities are in that language.

We don’t ask for a complete business plan/model for the application, but you must submit at least a complete summary of what you are intending to build.

No. A founding team cannot apply to fund more than one startup per application round. The restrictions listed in the Terms and Conditions limit any team from receiving funding for two startups at the same time, this also is valid for other lines of seed capital offered by the Chilean government through Corfo. We also ask for total dedication to the startup throughout the 12 week duration of the program, something that is not feasible while working on two separate startups.

If you have been selected by The S Factory, you’ll get an email that will ask you to confirm that you want to be part of the program. Keep in mind that the starting date of the program is October 3rd.

You must also send The S Factory a copy of the passport of the people who will accompany you and the team to Chile, and notify via email which Consulate of Chile you’ll process the visas. You’ll have to contact the nearest Chilean Consulate and gather all the documentation needed to process the visas. Then, you will receive a Visa Code and Invitation Letter which your Consulate will request before you make an appointment.

No. You must provide evidence of a valid health insurance if you want this expense to be approved as part of your budget. You must submit proof of your travel and health insurance which must cover you for the entire duration of the program.

No. You need to make sure you bring all the documentation required by the Chilean Consulate when you apply for the visa. It is your responsibility to check which documents the Chilean Consulate of your city requires you to present.

The S Factory will answer your questions via info@thesfactory.org and helping you coordinate your arrival.

Yes, this may happen. The application for the visa follows standard procedures, but the letter of acceptance to the program is a strong plus. Make sure to gather all the documentation required by your Consulate in order to avoid any problems.

Yes. It will be possible for all founding team members (who must be fully identified in the application) to get a visa. Your direct family members (spouse/significant other, children) will also be able to get visas. Please note that the cost of obtaining said visa will be reimbursed only for the founding team members identified on the application.

No. To participate in the program you must arrive to Chile with the Temporary Visa already stamped in your passport.

Our next application process starts on January 17th —Generation 18— and ends on February 7th 2017. During this period you will be able to submit your application. Remember that you can’t make any changes past the deadline on February 7th. Also your recommendation letter need to be uploaded before this.

Application results for Generation 18 are going to be published at the beginning of May 2017.

The next batch –Generation 18- will last from July 2017 to January 2018.

Start-Up Chile is a Chilean Government run program and executed by Corfo, that attracts early stage, high-potential entrepreneurs to bootstrap their startups in Chile, using it as a platform to go global. The goal of the program is to position Chile as the leading innovation and entrepreneurial hub of Latin America. This is a mission shared by the Government of Chile and the Ministry of Economy.

There is two ways in which you can apply! Anyone who’s over 18 years of age can apply to the program. Also, the founder (beneficiary) needs to dedicate full time to the startup. A Chilean Legal Person (Chilean company), for profit, and with no more than 24 months of age in the SII (Iniciación de actividades por no más de 24 meses en el Servicio de Impuestos Internos).

No, if you apply as a natural person, people from everywhere in the world can apply, Chileans included. It doesn’t matter where you were born or where you are living when you apply. One of the basic “mantras” at Start-Up Chile is that we believe and invest in people, looking at their ideas first and their passports second.

Start-Up Chile is looking for globally-minded, early stage entrepreneurs who want to start their business in Chile. Your startup must be globally-oriented and easy to Scale. We accept startups that are both just a mere idea and startups that are already launched/incorporated, but all startups must be under two years old. It is crucial that the founder of each startup participating in the program is willing to live in Chile for 7 months.

No, applications can be submitted from anywhere in the world via our website. We will only receive application forms have been filled out completely, no partial applications will be received.

No, you can apply during a study program but, once the program starts you will need to have ended or suspended you studying program.

No, if you participated in another startup financed by Start-Up Chile either as a beneficiary or as a team member (detailed in the contract), your application will not be evaluated at all, so please refrain from applying.

No, Startups focused on consulting, import/export, and franchises won’t be funded by Start-Up Chile because we don’t consider them scalable startups.

You can apply either with a valid Passport, a Chilean National ID (Cédula de Identidad) or a Chilean ID for foreigners.

Yes, every startup needs a recommendation letter from an investor, mentor, academic or entrepreneur who can write about the team’s talent and experience. When you begin filling out the application form via our website or YouNoodle, you will have to provide the email of the person that wrote your recommendation letter. YouNoodle’s system will then send an email with a unique notification to that person.The person that is writing the recommendation letter will be able to access the application form. He or she will have to answer the following questions: How do you know the team? Do you think this team will be able to successfully execute their startup? And why?This person will also be able to see the team’s application and will only be able to view it, and not edit the application. The applicant will also not be able to see the answers of the person who writes the recommendation.An application cannot be submitted until the recommendation has been filled out. You can submit a maximum of 3 recommendations and everything must be filled out before so that the application can be submitted.

Yes, that’s right! You must add a 2 minute pitch video about your startup. The video should answer 3 questions: What problem are you solving? What solution are you proposing to this particular problem? Introduce the team, their background and experience Why are you applying to Start Up Chile? You must provide a direct YouTube or Vimeo link of your pitch video (not to a website with the embedded video). Make sure it is not password-protected and be sure to present the founding team in person in the video.

Start-Up Chile’s application process is managed by YouNoodle, which has a board of judges that review all eligible startups. Following this process, Corfo’s Committee of Entrepreneurship selects the startups that meet the criteria. Non-eligible startups are those who don’t meet the basic criteria to be selected as part of Start-Up Chile.

Competition managers and judges will have review each application and verify eligibility. All documents are kept completely confidential, and are not shared with the outside.

There are two rounds of evaluation. The first one is done by YouNoodle and the second one is done by Corfo (Chile’s Economic Development Agency). YouNoodle is a Silicon Valley based startup and it assists Start-Up Chile by putting together a great panel of judges: entrepreneurs, academics and investors who evaluate and then judge the applications.

Beneficiary, team leader or founder of the startup (25%) | Team members (25%) | Product or service (25%) | Market and competitive advantage (25%).

Team (25%) | Producto or service (15%) | Market and competitive advantage (20%) | Impact in Chile (40%).

If your application is not eligible and didn’t pass the board of judges handled by YouNoodle, you’ll receive an email specifying why this happened. If your application was reviewed by our board of judges but wasn’t selected, you’ll receive an email from Start-Up Chile with the results and a rejection reason explaining what points didn’t meet the criteria. If you are accepted as a Start-Up Chile participant, you’ll get an email from Start-Up Chile with further steps.

No, all the results and ratings of the judges and the Committee are confidential.

You can apply with the same startup up to 2 times. Prior to the application deadline for each round, Start-Up Chile hosts webinars to help everyone who is applying. Also, don’t forget that Start-Up Chile is now a family of more than a 2000 people: you can always connect with a Start-Up Chile entrepreneurs so they can help you through the application process.

Once you have been selected by Start-Up Chile, you’ll get an email that will ask you to confirm that you want to be part of the program. Once you accept, you’ll receive another notification with a Welcome Pack. You must also send Start-Up Chile a copy of your passport along with the people who will accompany you to Chile. You must also notify via email notifying what Consulate of Chile you’ll process your visa and the rest of the teams. You’ll have to contact the nearest Chilean Consulate and gather all the documentation needed to process your Visa. You will receive a Visa Code and Invitation Letter three weeks after you send us a copy of your passport, which your Consulate will request before you make an appointment.

Depending on how you choose to apply: The beneficiary can be the founder– a Natural Person–who is the sole recipient of the grant for the startup’s expenses. The capital will be distributed only to the beneficiary, and not the startup itself. The beneficiary is the person who applies in the official application form and is required to stay in Chile for the full 6 months of the program (please consider one additional month for legal procedures). It is a legal requirement that the beneficiary devotes 100% of his/her time to the startup. The founder is allowed to take business trips as long as they are relevant to the development of his/her business. Those business trips must be previously approved by their account executive. The name of the beneficiary must appear on all purchases that are submitted for monetary revision. He/she is responsible to uphold the rights and obligations that are established in the Subsidy Agreement and is the legally responsible party concerning Corfo. The beneficiary can be a Legal Chilean Person who will be the sole recipient of the grant for the startup’s expenses. The team leader of the company is allowed to take business trips as long as they are relevant to the development of his/her business. Those business trips must be previously approved by their account executive. The name of the beneficiary must appear on all purchases that are submitted for monetary revision. He/she is responsible to uphold the rights and obligations that are established in the Subsidy Agreement and is the legally responsible party concerning Corfo.

No. The information filed within the application is final and as such, it’s the legal information which cannot be changed after that, according to the legal grounds of the program.

No. The information filed within the application is final and as such, it’s the legal information which cannot be changed after that, according to the legal grounds of the program.

After you get the first email from admission@startupchile.org, you’ll get a second email called “Step 1”, in this one you’ll get notified about the time when you can start allocating expenses, such as airplane tickets, visa fees, etc., and other just the pre-approval of an executive of the program, which is going to be assigned to you during the first weeks after the notification of approval.

First of all, the beneficiary will be responsible for signing a contract with the program in which he/she will agree to the terms described in the terms and conditions of the program. Afterwards, the beneficiary or any other team member will have to pay for an insurance policy which is going to safeguard the program against any unlawful act from the beneficiary. This is going to be explain in full during the orientation day. Finally, the beneficiary needs to open a personal/business bank account in Chile in order to receive the grant in that bank account. The program will guide you and help you in order to get the insurance policy and bank account ready as soon as is possible to get the grant to the account of the beneficiary in the quickest time possible.

You’ll get the first part of grant during the first month of the program, so you should bring money, for at least the first month and a half, for accommodation and living expenses, approximately 4,000 USD per person.

The only person who is legally permitted to receive the money, is the beneficiary. This can be a natural person or a chilean legal person, depending on how the application was made. The money will be ideally transferred via wire transfer to a Chilean bank account owned by the beneficiary. The program can also make the payment via bank check addressed to the beneficiary, but this is only permitted when the beneficiary wasn’t able to open an account in Chile in time for the payment.

The Start-Up Chile program will help you during the first week in order to get this bank account opened as soon as possible. The program has partnerships with Chilean Banks who will open a bank account for you as soon as possible, you only need the invitation letter and a valid Chilean ID.

The Start-Up Chile program will help you during the first week in order to get a Chilean ID, a mandatory procedure for foreigners with a temporary residence visa. This ID is also necessary for getting a bank account and receiving the grant payment.

The grant is normally transferred to the startups in instalments, one just after the arrival and depending on the insurance that you get, a payment plan will be scheduled.

The startup has a timeframe in order to spend the grant. This timeframe starts when the beneficiary is notified in the “Step 1” email, until the end of the contract.

Yes, the beneficiary/Team leader of each startup participating in the program must live in Chile during the six months the program lasts (total of 7 months including legal procedures needed once you arrive to Chile). Start-Up Chile is a full time dedication program, so you have to schedule your time to work only in your startup. The beneficiary must be the startups founder because we believe that a founder of a startup brings a certain energy, edge, talent and conviction to their startup that’s not always present in other team members. If selected, we want the founder to be the one who participates in the six month term of the program, not a representative person. This is a requirement in order to apply.

If the Team Leader (beneficiary of the grant) can’t arrive in the starting date, the startup will not be able to participate in the program.

Aside from the Beneficiary/team leader of the startup, there is a limit of two additional team members who will be able to join the program upon their team’s acceptance. Team members have to apply on the same application form of the startup. Make sure both the startup’s team leader and team members (up to 2) are included in the application form. It’s not required for team members to live in Chile for six months: they can be part of the startup and work abroad. They are not required to work full-time on the startup: we highly recommend them to do so, but it is not mandatory. Team members included in the application form are also allowed to submit their expenses for the reimbursement process. However, the startup cannot hire services from the team members or from companies owned by them. All expenses must be under the name of either the founder (beneficiary) or one of the team members specified in the application form.

No, all of the Program communications will be in English, but remember– you will be living and working in a Spanish speaking country, learning the basics is always recommended. Furthermore, if your first language is Spanish, we highly recommend that you learn English given that all activities are in that language.

We don’t require a completed business plan/model for the application, but you must submit at least a complete summary of it with as many details as possible.

Yes, the startup can be based in Chile or in any other country at the time of application. The startup can’t be older than 2 years.

No. A founding team cannot apply to fund more than one startup per application round. The restrictions listed in the Terms and Conditions limit any team from receiving funding for two startups at the same time, this also goes for other lines of Seed capital offered by the Chilean government. We also ask for total dedication to the startup throughout the 6 month duration of the program, something that is not feasible while working on two separate startups.

Being part of a new, groundbreaking entrepreneurial experience. Bootstrapping abroad, learning new skills, working in a multicultural and collaborative workspace, not rendering your company’s equity, feeling the energy of young and dynamic entrepreneurs from all the corners of the world, networks that will last a lifetime and span continents. Also, you’ll get to share your skills with Chilean entrepreneurs and learn from them tons of tips regarding LatAm as a marketplace.

First of all we expect that you enter the program to build your business, that’s the main objective of the program. Also, we expect that you get involved into the Chilean entrepreneurship ecosystem. During their stay entrepreneurs should seek to achieve the goals stated on their application process. What we really want from you is your commitment to help us to make of Chile, the innovation hub of Latam. In order to achieve this, building your company and sharing your skills and contacts while learning from others, is crucial.

The program assigns CLP$20.000.000.-, a 1-year resident visa to all the team members specified on the application, as well as a nice and comfortable workspace (desk & wifi) that you will share with entrepreneurs from around the world. The best part of the Start-Up Chile experience is the networking, inspiration, and productive experience that comes with joining a community of +1,000 startups and +2,000 entrepreneurs.

The program lasts 20 weeks (but the contract could last up to 9 months). However, you should consider 7 months to stay in Chile because of legal requirements.

No. You must provide evidence of a valid health insurance if you want this expense to be approved as part of your budget. You must submit proof of your health insurance which must cover your for the duration of the program. You must show proof of this insurance before being allowed to sign your grant contract.

No. We strongly recommend that you look for housing before traveling to Chile. But the Start-Up Chile community is a good place to ask.

Yes, if you arrive to Chile with the correct visa, and did not use miles to pay for the ticket. Only the beneficiary and founders identified on the application will be able to reimburse their tickets.

No. You need to make sure you bring all the documentation required by the Chilean consulate when you apply for the visa. It is your responsibility to check which documents the Chilean consulate of your city requires you to file, during the visa meeting in the consulate.

Start-Up Chile will answer your questions via admission at startupchile.org. You’ll have an account executive assigned just after a few weeks after the acceptance, and you’ll be able to contact him or the experience manager by email.

Yes. The application for the visa follows standard procedures, but the letter of acceptance to the program is a strong plus. Make sure to gather all the documentation required by your Consulate in order to avoid any problems.

Yes, it will be possible for all founding team members (who must be fully identified in the application) to get a visa. Your direct family members (spouse/significant other, children) will also be able to get visas. Please note that the cost of obtaining said visa will be reimbursed only for the founding team members identified on the application.

No– to participate in the program you must arrive to Chile with the Temporary Visa already stamped in your passport. The program can reject the participation of the startup if the beneficiary arrives without the approved Temporary Visa.

The application process will open on February 28th 2017, and will close on March 21st 2017.

The results of this application process will be published on early May 2017.

The next batch –Generation 6- will last from July 2017 to July 2018.

In Scale the beneficiary is the Chilean company who apply as such in the application form.

Any sales or raised capital by a non-Chilean company, being this a subsidiary or related to the Chilean one in any way, are not eligible for the application purposes, only the ones from the Chilean legal person who applies. The only sales that can be used for the application purposes, are the ones from the one who applies, the Chilean Company owned by the funding team.

No, just the ones from the company who applies, and is the one who develops the business and the project.

The Funds will be able to be given, starting from July 2017.

Every applicant will be officially notified and feedback will be given from the Committee of Entrepreneurship of CORFO in each one of the three phases of evaluation.

This person should be one of the directors of the company and the project through the Scale program, dealing with the relationship with Start-Up Chile and CORFO.

In Scale the beneficiary is the Chilean company who apply as such in the application form.

The company that applies as beneficiary and is selected. This is the only one approved to spend the funds, and as such all expenses need to go through its accountability. All invoices need to be addressed to this company and to no one else.

This person should be one of the directors of the company and the project through the Scale program, dealing with the relationship with Start-Up Chile and CORFO.

They don’t, but they should. If not you will probably have trouble opening a bank account and all the legal process in the first few months after being selected.

This is necessary because the grant is given to the beneficiary in advance, so CORFO needs to have insurance in case the company doesn’t meet the T&C or the contract during the program.