No, we accept applications through an online platform which you can access from our website. We only ask that your application is filled out completely as no partial applications will be accepted.

No, however we have different specifications depending on where you reside.

If you are Chilean you must apply with a valid local ID. If you are foreign but are already living in Chile you must apply with your valid Chilean ID. If you are foreign and currently living outside of Chile you must apply with a valid passport from your home country.

We ask that you provide us with a letter from a third party. This person should be a mentor, a fellow entrepreneur, a teacher or even a colleague who can tell us a few key things. We want to know what makes you a good leader? And why your team is best to tackle this problem?

When you begin to complete your application form via Charly.io we will ask you to upload the letter of your chosen referee and enter his contact information. 

 

Yes, however we only accept the same idea twice.

Unfortunately, we do not accept applications that are considered, Consulting, Import/Export, and Franchises. This is due to their inability to scale.

The sole recipient of the grant that is the legally responsible party concerning CORFO. To see further details about Beneficiaries you should read our Terms and Conditions.

Aside from the Founder there is a limit of one additional team member for TSF and two for Seed. They need to be specified on the application form. They are not required to live in Chile, they are allowed to be a part of the startup and work abroad nor are they required to work full-time on the startup.
Team members included on the application form are permitted to submit their expenses for the monetary revision process.

No, all of the program’s communications will be in English. However, you will be living and working in a Spanish speaking country. We recommend learning the basics. If your first language is Spanish we highly recommend that you commit to learning English as all of the activities are in English.

Unfortunately no. We want you to have complete confidence and dedication to one idea! Our program also restricts any team from receiving funding for more than one startup idea.

First, you need to confirm your place in the program by following the prompts in the e-mail. Once you receive your Welcome Pack, you must send us a copy of your passport as well as those who will be accompanying you to Chile. That way we can get the visa process underway!

We ask you to contact your nearest Chilean Consulate or Embassy, there you will be able to gather the documentation you need. You will receive a Visa Code and an Invitation Letter which your Consulate will request before you make an appointment.

Unfortunately, we cannot provide you with health insurance. You must submit proof of health insurance that specifies the dates of which you will be in Chile, the minimum is the entire duration of the program.

No, it is not, specific documentation will also relate to your local Consulate or Embassies requirements.

Yes, this can 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 this 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.

Unfortunately, we cannot accept changes after the application deadline. This is the same rule for team members. Information filed within the application is final.

Unfortunately we cannot provide you with housing. However, we recommend looking for housing before arriving in Chile to ensure a smooth transition. 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.

The S Factory is a pre-accelerator where female leaders turn innovative ideas into scalable businesses.

The application round for our next generation will be from December 3rd to 23rd, 2019. Results will be given on January 23rd, 2020 and the program will start on March 2020. 

As an S Factory participant you will be a part of a groundbreaking entrepreneurial experience. You will have the chance to broaden your thinking and approach opportunities and business in a new way. You will meet other like-minded vibrant entrepreneurs from all over the world and will be able to collaborate with them throughout the program.

S Factory participants will receive a grant of $10,000,000 CLP, a 1-year Resident Visa for the Founder and Team Members specified in the application as well as access to our Santiago co-working space. Given the collaborative workspace and regular activities held by the program, you will have many opportunities to socialise with your peers and grow your industry network.

We ask you to submit a short 90 seconds video pitch with your application. We want to see your passion, energy and dedication to making her startup happen. Leave some time before recording the video to consider the following questions. What is your idea? Can you show a prototype or a mockup? How did you detect the need for your startup? Be specific about the problem you want to solve? Also, be sure to introduce your team!

Provide a direct YouTube or Vimeo link of your video. Unfortunately we cannot accept links to a website with an embedded video nor do we consider animated videos. Ensure that it is not password-protected. You can find two examples of videos that will give you an idea of how to prepare yours.

Product or Service 25%

Market and Competitive Advantage 25%

Founder 35% and Team 15%

Results are published in 2019. Once your application is reviewed by our panel of judges you will receive an email with the result. If you were unsuccessful, your email will include a short statement as to why you did not meet the criteria. If you are accepted, your email will include further steps to follow.

We are looking for globally-minded female enthusiasts that want to begin their entrepreneurial journey. Your startup should be globally oriented and scalable! We are looking for dedicated individuals who will live and work in Chile for the 4-month duration.

The beneficiary is the Founder. A natural female who is required to stay in Chile for the entire duration of the program. 

No, we ask that you submit a summary of what you intend to build.

The S Factory will answer your questions and help you coordinate your arrival via admission@startupchile.org

Application process is open from July 30th and will close on August 27th, 2019 at 17:00 (GMT-3) 2019.

Results will be released on November 29th, 2019 in the afternoon. 

Generation 23 will begin in February 4th, 2020. 

We invite you to apply for the program if you are over the age of 18, are able to dedicate your time to living and growing your startup in Chile and that your idea is in its early stage of development (less than 36 months)

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 have the capacity to scale. It is fundamental that the Founder is willing to live in Chile for 6 months.

In order to dedicate 100% to the program, including full-time hours we cannot accept students. To be considered you must suspend or complete your study program.

No, regardless of whether or not you have participated as a beneficiary or as a team member we will not accept your application.

We ask that startups create a 90 seconds video including Does the startup solves a global problem, a problem of a certain country or a local problem, and why? What is the product or service, its attributes, and the reasons that make the project a breakthrough innovation? The founder must be in front of the camera. We do not accept animated videos.

Provide a direct YouTube or Vimeo link of your video. Unfortunately we cannot accept links to a website with an embedded video nor do we consider animated videos. Ensure that it is not password-protected. You can find two examples of videos that will give you an idea of how to prepare yours.

A select board of judges reviews all startup applications. Once this is complete, CORFO’s Committee of Entrepreneurship selects the startups that meet the criteria.

The board selected by Start-Up Chile, the CORFO Committee of Entrepreneurship and a select few others. All documents are kept confidential.

After the pertinence analysis, the pertinent will go into the evaluation stage.

The applications received in English will get an additional point in its global evaluation
score.

 

1.1.        First Evaluation Stage and Decision

The projects will be evaluated acoording to the following criteria, resulting on a ranking:

 

  • Video: the video attached to the application will be reviewed considering the content, evaluating the importance of the problem to solve (evaluating if it’s a global or local problem) and the sophistication of the product or service (the level of innovation and the level of solution to the problem). The evaluation will be grade with 1 or 5. A negative evaluation will be grade 1 and a positive evaluation will be grade 5 (70%).
  • Growth potential: According to the information of the application, the potential of scalability of the product or services to accomplish the expected growth rates. This criteria will be evaluated from 1 to 5, being 1 the minimum score and 5 the maximum score (30%).

 

After this evaluation, up to 500 projects will be presented for approval to the Subcommittee session.

 

1.2.        Second Evaluation Stage and Decision

Projects will be evaluated with grades from 1 to 5 (with 1 being the minimum score and 5 the maximum score) and the evaluation criteria is as follows:

Participants

  • Composition, qualification and experience of the beneficiary (25%): Demonstrable achievements, number of times founding a startup, background and make-up of the team.
  • Composition, qualification and experience of the executor(s) (25%): Demonstrable achievements, number of times founding a startup, background and make-up of the team, supporting networks, mentors and academics.

 

Value of the project

  • Market and competitive position (25%): Target segment, market size and growth, validation, traction and competitive advantage.
  • Product or service (25%): Attractiveness to investors. Level of technological innovation. Importance of the problem the project aims to solve for users/clients.

 

After this evaluation, 150 projects will be presented for approval to the Subcommittee session.

1.3.        Third Evaluation Stage and Decision

Only those projects that have been pre-approved by the Subcommittee in the second decision stage, will go through a third decision stage, and the others will be rejected.

Previously to their presentation to the Subcommittee, in the third decision stage the pre-approved projects will be submitted to a third evaluation, in which those will be called for an interview through telephone and/or videoconference between the applicant and an executive of the program, and also the requirements of the following number 13., will be reviewed. Projects will be evaluated with grades from 1 to 5 (with 1 being the minimum score and 5 the maximum score) and the evaluation criteria is as follows:

Participants

  • Composition, qualification and experience of the team: Demonstrable achievements, number of times founding a startup, background and make-up of the team (30%).

 

Value of the project

  • Market and competitive position (20%): Target segment, market size and growth. Validation, traction and competitive Advantage.
  • Product or service (15%): Attractiveness to investors. Level of technological innovation. Importance of the problem the project aims to solve for users/clients.

 

Impact in Chile

  • Benefits of the operation of the Project in (20%): Real capacity of the business to develop activities in Chile during the Project, using the country as a platform to operate to Latin America and the world, and the real potential of establishing operations in Chile.

 

Once your application is reviewed  you will receive an email with the result. If you were unsuccessful, your email will include a short statement as to why you did not meet the criteria. If you are accepted, your email will include further steps to follow.

The beneficiary is the Founder. A Natural Person who is  is required to stay in Chile for the entire duration of the program. 

You will receive an email with the subject line, Step 1. In this email you will find information relating to the allocation of expenses, such as visa fees, transportation costs etc.

Firstly the beneficiary will need to sign a contract agreeing to the terms and conditions of the program. Then the beneficiary will need to pay for an insurance policy which will protect the program from any unlawful act that may be committed. Finally, the beneficiary needs to open a Chilean bank account in order to receive payments.

As the program progresses you will receive payments in instalments.

 

Specifics of this process will be explained in detail on orientation day. You will be assisted throughout the process by Start-Up Chile to ensure this is as smooth as possible.

You will receive part of your grant during the first month of your program however you should have funds to support yourself during the first month. Approximately $4,000USD per person.

No stress. We support you through this and it is all apart of your Soft Landing here in Santiago. We have partnerships with banks and will organise this for you in your initial weeks here in Chile.

Yes. This is crucial, you must dedicate yourself to a minimum of 7 months of living in Chile for the duration of the program. The beneficiary must be present since Day 1 of the program.

As a Seed participant you will be a part of a groundbreaking entrepreneurial experience. A once in a lifetime opportunity to bootstrap abroad, grow skills and networks, work in a multicultural and collaborative workspace and avoid rendering your company’s equity. Be a part of a group of young and dynamic entrepreneurs from all over the world.

We expect 100% dedication to building your business. We also expect active involvement in building the Chilean entrepreneurship ecosystem.  Above all, we want you to help us make Chile the innovation hub of Latam. You can read more about this on our Founders Lab page.

The program allocates $25,000,000 CLP, a 1 year resident visa to both Founder and Team Member as well as access to our coworking space in Santiago. You will also be apart of a network of entrepreneurs, investors, corporates and public institutions. The best startups of the generation will be able to apply to an extra $25,000,000 CLP extension.

The program is run over 6 months however your contract may last up to 9 months.

We will answer your questions and help you coordinate your arrival via admission@startupchile.org

 

CORFO understands social entrepreneurship as: ‘Solutions to social and/or environmental problems that are more effective than those used previously. Collaboration between different actors in a specific field is sought, particularly active participation of the target audience. Equally, these solutions should be sustainable, replicable and scalable’.

The principal objective of the methodology is to support entrepreneurs to grow more quickly than the pace at which they were growing when they entered the programme, in order to see results in less time. This methodology includes.

  1. Funding
  2. Connections with:- Corporate Network: +180 corporates from different industries who work with and support our entrepreneurs
    – Mentor Network: +200 voluntary industry experts
    – Investor Network: +60 angel investors and VCs from Chile and the world
    – International Network: +100 international partners that help our entrepreneurs scale globally
    – Alumni Network: +4,500 entrepreneurs from more than 85 countries that have participated in Start-Up Chile’s programmes
    – Press and media coverage
  3. Training and Tracking:
    – Academy: Training programme (workshops, presentations and other learning experiences)
    – SUP Boards: Frequent advisory board sessions composed of voluntary industry experts who will guide the -development of the project and forge connections
    – Platoons: Monitoring group with other entrepreneurs to receive peer-to-peer feedback
    – Pitch Training: Group sessions to improve effective communication and pitching skills
  4. Benefits: More than $300,000 USD worth of exclusive benefits for the development of your business (discounts with services such as AWS, HubSpot, Microsoft Azure, amongst others).
  5. Participation in the ecosystem: events that facilitate exposure of the business, the chance to bond with the entrepreneurial community and contribute to the national entrepreneurial ecosystem

No, there are no minimum or maximum limits on age or sales.

Yes, it’s necessary to have a prototype already developed (see the Terms & Conditions). As is stated in number 7a) of the Terms & Conditions, ‘If it is verified that the beneficiary does not have a prototype, the project will be declared ineligible.’