Application process is close! Next from July 18th to September 5th, 2017

What are we looking for?

Our 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.

 

What do we offer?

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. Chilean applicants can apply for an additional $10MM Chilean pesos, if they reside outside of Chile and hold a postgraduate degree from a top foreign university. Startups are also eligible to apply for an additional $10MM Chilean pesos to develop their enterprise in other cities out of the Santiago, for an additional period of 6 months after their initial stage.

Accelerations & 6 month experience

During your 6 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.

Benefits

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.

Generation 18 application process calendar

How to apply

To apply you will need to submit an application using our online platform. The application includes questions about leadership, the team and your motivations. In addition, you will need to submit a 2-minute video and have a referee outline why you and your team are best suited to tackle your problem.

Video

We ask that startups create a 2 minute video including, an introduction to the team members, why you are applying to Start-Up Chile and most importantly explain the problem you want to solve. We do not accept animated videos.

Recommendation letters

You only need to provide the e-mail address of your reference. Once you submit their email we will prompt them via a notification to write your recommendation! Its that simple.

What do we ask in return

We will ask you to go give back through our Founders Lab

Founders LAB

Criteria to qualify

Applicants

You may apply as either a Natural Person or as a Chilean Legal Person. A Chilean Legal person is suitable for Chilean companies. In this case, the company will be the beneficiary of Start-Up Chile funding. Foreigners with an incorporated company outside of Chile must apply as a Natural Person. The person named on the application as a Natural Person will be the beneficiary of funds. This information does not affect the outcome of the evaluation process!

Not ELIGIBLE

Unfortunately we do not accept consulting companies, export/import companies and franchises as they are not easily scalable globally.

Less than 3 years

Your startup cannot be older than 3 years. We are looking for early start ventures.

Dedicated 100%

Your team leader and team must be 100% dedicated to the project. We ask that team members are not employed by other companies during their participation in the Start-Up Chile program. These terms apply to Chilean participants also.

Why Chile?

You will need to explain why you are coming to Chile to do business and how you will use Chile as as a platform to go global.