The final application process of 2011 came to a close on midnight of October 27th, and we are extremely pleased with the results we’ve obtained and the enthusiasm of the entrepreneurs who applied to participate in the Start-Up Chile program.
In total, we received 574 applications from 53 countries, with nearly 70% arriving during the process’ last 48 hours– of which up to 110 will be selected.
The top ten countries represented include:
- Chile (179 applications)
- USA (127)
- Brazil (24)
- Argentina (22)
- India (22)
- Canada (18)
- Spain (18)
- Mexico (16)
- Germany (12), and
- the UK (11).
An MBA was the most highly represented degree with 14 applicants followed closely by Computer Science with 13 and Business Administration with 10. The majority (55%) of the entrepreneurs who applied have only been working on the startup full-time for 0-6 months.
As of today, Friday, applications will begin to be reviewed by the YouNoodle judges and then will ultimately be passed along to InnovaChile’s Subcomittee of Innovation and Entrepreneurship who will make the final decision. Applicants will be notified of their acceptance/rejection on December 17th, 2011 and, if selected, will be invited to come to Chile in February and March of 2012.
Thank you to everyone who applied and best of luck to you all!