Application Process is open until December 4th

Apply now!

Application process: Generation 1 is now open!

Apply until December 4th, 15:00 (GMT-3)

 

What are we looking for?

Our Ignite program seeks to attract entrepreneurs with a global approach to doing business in Chile. Be part of our 4-month acceleration program. We look for the best startups in any industry and country with a minimum validated product and have less than three years of development. Join our diverse community of entrepreneurs, focused on the Chilean and Latin American markets.

Do you know a startup that should be part of Start-Up Chile?

Do you know a startup that meets the profile of any of our programs? Recommend it in the following form so that the Start-Up Chile scouter can contact

 

 

 

Equity free money

The startup will receive an equity-free fund of CLP $25MM, which is towards 80% of total program costs and through either reimbursement or an advance payment plan. The founder/startup must provide 20% of the remaining funding. Applicants can apply for an additional CLP $25MM to stay in Chile, which will also give them an extension of the program to 12 months total.

Accelerations experience

During your 4-month experience in Chile, Start-Up Chile will accelerate and support your business, through a full acceleration program + access to both national and international corporate networks, investors, mentors, and global partners to scale to new markets. You will also be a part of an inclusive and energetic environment with other like-minded entrepreneurs to have the experience of a lifetime. The project duration could be up to 6 months, which may be extended only once and for up to 1 additional month.

Benefits

Foreign teams will be provided with a one-year working visa and a full soft-landing process. All teams will have access to the Start-Up Chile community which includes a free coworking space, up to $100,000 USD in perks such as Microsoft BizSpark, Facebook Start, Amazon Web Services, and many more.

The application process is now open

Application process from Thursday, November 12th to Friday, December 4th, 2020
Results: Friday, January 15th, 2021
The program starts: Tuesday, March 9th, 2021

In your application, do not forget!

To apply, you will need to submit an application using our online platform. The application includes questions about leadership, the team, and your motivations. You will also need to submit a 90 seconds video and have a referee outline of why you and your team are best suited to tackle your problem.

Video

We ask that startups create a 90 seconds video including: Does the startup solve 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.

Recommendation letter

Upload your recommendation letter, signed by the recommender! It's that simple. The recommendation must be posted before the deadline! if not, the application will not be accepted.

What do we ask in return

We will ask you to go give back through our Founders Lab

Founders LAB

Criteria to qualify

Over 18

All participants must be over 18 years of age.

Less than 3 years

We are looking for new startups, with no more than 3 years of development.

100% dedicated

The team leader must be exclusively dedicated to the startup. This implies that they should not work in any other company or study while they are part of the acceleration program.

Interest in the Chilean and Latin American market

The startup must have in its business plan a clear roadmap to affect the Chilean and Latin American market, as part of its economic goals.

Founder has to have at least of 10% share participation

The Team Leader must have at least 10% of the shares in the company and a managerial position (it must be someone with decision-making capacity in the company).

We have great perks for you