Start-Up Chile opens applications: entrepreneurs can obtain an equity free fund of up to USD 80,000

Blog, Community, Seed

Startups from all over the globe may apply to Start-Up Chile’s 22nd Generation of Seed until February 12, 2019. Those who want to participate in the No. 1 accelerator in Latin America, must go to https://www.startupchile.org//apply-seed and apply according to the bases and instructions.

The selected entrepreneurs will be able to obtain an equity free fund of up to USD 80,000 (approx.), full access to the national and international networks of the program, a free work-space, and an acceleration process to grow their business, among other benefits.

SANTIAGO, January 2019 – Until February 12, 2019, startups with less than 3 years of development and from any country, may apply to be part of one of the largest business communities in the world.

The acceleration program they can access has a duration of 6 months, during which participants can share with other companies from more than 85 countries. The selected businesses will be able to use Chile as a platform to enter the LATAM market and scale up globally, they will receive an equity free fund of up to USD 80,000 (approx.), access to a large corporate network, investors, mentors, and global partners to scale to new markets, a free work space and for foreigners, a 1-year work visa.

The minimum requirements to apply are that the startup has not more than 3 years since its founding, that the base team is 100% dedicated to the project and that they have a functional product and early validation. In addition, the startup has to have a global perspective and a clear expansion strategy.

To apply, those interested should go to the Start-Up Chile website at: http://startupchile.org/apply-seed

Information for entrepreneurs

On January 30th and February 7th there will be live Webinars at http://facebook.com/startupchile so that all interested applicants can resolve their doubts directly with the Start-Up Chile team. They will explain step by step how to answer the form, along with answers to frequently asked questions.

The projects will be reviewed by experts in innovation, investors and entrepreneurs, as well as the Subcommittee for Entrepreneurship of Corfo. The results of this application will be published on Friday, May 17, 2019.