Review on Start-Up Chile by Douglas Cachazo
Start Up Chile: One of the few accelerators in Latin America.
Excellent initiative of the Chilean government in 2010 taking the experience and results of other accelerators worldwide, aware of the benefits for the country to generate new innovative companies that will ultimately contribute to economic development, increase jobs and may reduce operating costs to large companies already established in Chile.
You can apply from any country in the world but the final requirement is that your company or venture is established in Chile, of course you are free to apply your venture in any other country after a year, something that seems fair to me. Copying these experiences is something proper of any progressive government. And it is good to expand throughout the region, and El Salvador and Colombia also point in that direction.
To apply it is not necessary to be Chilean and be in Chile, of course they have preference, you must send application duly completed with requested data, explanatory video and a broad description of the project and expectations of this, if you are outside of Chile, being start up Chile sponsored by the Chilean government is almost certain that you are guaranteed a work visa for at least 1 year, you will get a plane ticket for the concept of transfer to Chile, housing is not in the package but it is provided to you when you contact the network of entrepreneurs. The application will not only be evaluated by Chilean mentors and experts, it will be endorsed by Sillicon Valley companies, this is because the ventures must be in the research and technology sectors.
When you are accepted you will also be guaranteed an initial contribution of money, you will be assigned a group of mentors according to your area, contact with companies worldwide and networks of entrepreneurs, mentors and financial companies and a working life for 1 year.
I hope these entrepreneurship initiatives reach my country and the rest of Latin America and Central America, I think it is no coincidence that Chile today is considered by many companies or financial magazines as the best investment option in Latin America as I read recently and you can corroborate that it really is.
I highly recommend this option wherever you are. Something curious the language used in the Project start up Chile is English, despite being a Spanish-speaking country, this is due to the interaction with mentors, companies and entrepreneurs worldwide, what if you must be attentive to the opening of annual programs, to apply and go documenting and polishing your application and project.
Pros
- Leading incubator in Latin America and in the top 10 worldwide.
- High number of start-ups per year
- Creates sources of jobs in the Chilean country.
- High volume of acceptances per year
- Mentoring team worldwide and in Silicon Valley
Cons
- Nothing against
