More than 1900 startups applied to Start-Up Chile generation 16  

News, Seed

The Chilean government program showed both national and international interest in applying. Now YouNoodle judges have a hard job selecting 100 startups that will be part of Start-Up Chile’s Seed sixteen generation.

 

On February 16th at 23:59 (-3 GMT), Start-Up Chile Seed ended a successful application process, year after year the program continues to gain popularity among the best entrepreneurial ecosystems in the world. This time 1978 entrepreneurs decided to be part of this process, hoping to be selected as one of the top 100 to companies to enter the acceleration program. Also, more than 52% of them already have users or customers in their startups.

 

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Startups looking to be part of the program came from 73 countries. Surprisingly, applications from African countries tripled since last process (startups from Egypt, Nigeria, Uganda are some of them). Chile took the first place with 45% of applications. The second was for Brazil with 11%, while the third place went to the United States with 9%.

 

Alumni from the most prestigious educational institutions in the world were also part of this application process. In Chile these were, the Pontificia Universidad Católica, Universidad de Chile and Universidad Adolfo Ibáñez. Alumni from universities in the United States of America also took part in the process, like Columbia, Stanford University and Harvard.

 

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Regarding industries, 21% of the applications received are engaged in IT and Enterprise Software, 9% is dedicated to education, 8% is about Healthcare and 5% Tourism.

 

All 1978 applications now must go over an extensive evaluation process lead by YouNoodle and the Subcommittee on Entrepreneurship at Corfo. Once this process is complete, each applicant will be informed of his or her acceptance or rejection on 29th April 2016.