The S Factory, powered by Start-Up Chile, will open a new application process this 4th of July until July 18th. Selected startups will receive $10 million Chilean pesos (around USD$14K) equity free and a 3 months acceleration.
The program will allow selected startups from around the globe to move to Chile with a one-year Working Visa and develop their ideas and prototypes.
Since women’s leadership in high-impact startups is still low compared with traditional small and medium business (SMB), on 2015 Start-Up Chile created a new entrepreneurial program named The S Factory, a pre-accelerator specifically for teams with a female founders.
The 12-week program will be powered by Start-Up Chile, so founders that are accepted will become part the largest and most diverse startup community in the world. Moreover, selected startups will receive 10 million Chilean pesos (about USD $14,000), courses, mentorship and pitch training to accelerate their ideas. Additionally, founders from outside of Chile will be granted a one-year working visa to come to Chile.
To qualify for selection, startups must be in a concept or prototype stage with less than 6 months of development and be led by a female founder. This doesn´t mean all the team members have to be female, just the team leader.
Applications for the fourth generation of the program will be open from July 4th until July 18th and will accept a total of 20-30 startups. Applicants may fill the application here: http://bit.ly/TSFapply
Different Meetups will be held around the world to invite people to learn more about the program and how to apply. There will also be a Webinar on July 5th 1.30pm (GMT-4) to explain the application process to The S Factory and answer all the questions LIVE!
Join the Webinar HERE and learn all about the Meetups and the application process by following The S Factory on social media: @TheSFactoryCL on Twitter @ThesFactoryChile on Facebook.
For more information about The S Factory visit http://startupchile.org/about/about-the-s-factory/ or http://www.thesfactory.org.