The S Factory application process: From March 14th to March 28th, 2017

What are we looking for?

The S Factory is looking for female leaders to turn innovative ideas into functional prototypes. We are looking for projects that are technology related with potential for high impact. Join us for a 12-week experience to learn vital skills for a strong start in the world of entrepreneurship.

 

What do we offer?

Startup training

We’ve got you covered. This 12 week program hosts workshops and training from experienced entrepreneurs and mentors.

$10.000.000 Equity free funding

We provide $10.000.000 CLP (around $15,000 USD) funding for selected founders to help them get off the ground. This funding is completely equity free, meaning we don´t take a cut of the company.

4 months experience

An intense 4 months to turn your ideas into a viable business. Startups can expect to validate their idea, build their MVP and get ready for the next level of investment. It is the perfect amount of time to turn a startup idea into a reality.

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.

Recommendation Letters

We want to hear from someone that believes in your project and is confident in your team. This may be an industry professional, a fellow entrepreneur or a former boss. Add their contact to your application and allow enough time for them to respond within the application deadlines.

Video Pitch

Provide a 2 minute video of yourself along with your team explaining what problem you will be solving, the solution, and what makes you the right team to build this startup. Your enthusiasm is equally as important as the production quality

What do we ask in return

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

Founders LAB

Criteria to qualify

Female founder

At least one of the founders must be a woman.

Over 18

All participants must be over 18 years of age.

Less than 6 months

Founders with just an idea and the right team to execute it are suitable to apply, as well as teams that have already built a basic version of a prototype. We are seeking early-stage  projects to support which are still in their first 6 months.

Dedicated 100%

The female founder must be a 100% dedicated to the project. This means that she cannot be employed in any other company or studying while participating in the program. She also must be willing to relocate to Santiago, Chile for the entire 12 weeks program. Take in consideration an additional month to take care about the legal processes involved.

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