Babson College Students Compete for Start-Up Chile Participation

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Held during the first week of April, the third annual Latin Entrepreneurship Forum hosted by Babson University in Boston, Massachusetts, was attended by Princess Cristina of Spain, Bruni Ferrari, the Mexican Economic Secretary, and, among others, by Hernán Cheyre, the Executive VP of the Chilean Economic Development Agency (Corfo). This event is the largest in the United States focusing on entrepreneurship in Latin America and, this year, it included at business pitch competition for which students competed for participation in Start-Up Chile.

After having signed an MOU with Babson College, one of the foremost entrepreneurship universities in the world, earlier this year, Start-Up Chile reserved up to five spaces within this year’s first application round to students from the university who prevailed in the business plan competition.

Mr. Cheyre was present during the competition and participated in awarding the winning students, who will be announced on April 25th along with the rest of the 100 selected startups. As the first MOU Start-Up Chile has signed, Mr. Cheyre highlights the importance of it being with Babson College stating: “The MOU with Babson is very important for us as it allows us to obtain direct advisory from a prestigious entrepreneurship center.”

Upon his arrival back to Chile he comments that the reception in Boston of Start-Up Chile was exemplary and that it, in fact, “exceeded [his] expectations,” adding: “I could clearly see the great interest that exists with respect to the Start-Up Chile program and how the Chilean government is being internationally praised for their entrepreneurship and innovation initiatives.”

Hernan Cheyre and Nicolas Sorenson with Babson Entrepreneurs