Are you an aspiring entrepreneur with a brilliant idea but looking for the right place to launch it? This article will guide you through everything you need to know about the Startup Chile Program, from its attractive incentives to the eligibility criteria and application process.
When is the Application Deadline:
The application deadlines vary throughout the year. Check the Startup Chile website for the current deadlines.
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Tell Me About The Award:
Startup Chile is a government-backed accelerator program designed to foster innovation and entrepreneurship. It offers up to $80,000 USD in equity-free funding to international startups, along with mentorship, networking opportunities, and support to establish a business in Chile.
Which Fields are Eligible:
- Technology
- Business Development
- Innovation
- Any field with a scalable business model and significant market potential
Read Also: Study In Chile
Type:
Equity-free funding and accelerator support
Who can Apply for the Start Up Chile Program:
- Entrepreneurs with innovative and scalable startup ideas
- Startups in early stages of development (MVP, prototype, or operational)
- Teams or solo founders with a clear market strategy and growth potential
- Participants must commit to spending at least six months in Chile
How are Applicants Selected:
- Based on the innovation and scalability of the business model
- Stage of development (Build, Growth, or Ignite track)
- Potential for market expansion in Latin America
- Team composition and expertise
- Quality of application materials, including the executive summary, pitch deck, and video pitch
Which Countries Are Eligible:
All countries are eligible to apply
Where will the Award be Taken:
The program takes place in Chile, where selected entrepreneurs will receive support to establish and scale their startups.
How Many Awards:
The program typically selects multiple startups each year; exact numbers can vary.
What is the Benefit of the Award:
- Up to $80,000 USD in equity-free funding
- Visa support (one-year working visa)
- Access to co-working spaces
- Mentorship and networking with a global community of entrepreneurs and investors
- Support for market entry and business establishment in Chile
How Long Will the Award Last:
The program requires a commitment of at least six months in Chile, but the total duration of support can vary based on individual startup needs and progress.
How to Apply for the Start Up Chile Program:
- Prepare your application materials:
- Executive Summary
- Pitch Deck
- Team Details
- Register and apply online through the Startup Chile website.
- Submit a 3-minute video pitch.
- Application review and interviews (if shortlisted).
- Final selection and relocation to Chile.
Visit the Award Webpage for Details: Startup Chile Website
For more information and to start your application, visit the Startup Chile website and follow the application guidelines provided.
