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startup chile

Startup Chile (@startupchile) is a program created by the Chilean government, executed by Corfo via InnovaChile, that seeks to attract early stage, high-potential entrepreneurs to bootstrap their startups in Chile.

Companies must be less than two years old to be eligible for the program, and it requires that at least one of the original founders represent the company for the duration of the program, which consists of a minimum of six-months spent in country over a one-year visa period.

Startups receive $40,000US in equity-free capital to spend during the time spent in Chile, as well as access to a national network of support institutions including the Ministry of Economy, the Ministry of Foreign Affairs, and the Ministry of Internal Affairs.

To read the full, original article click on this link: Chile accelerator announces 105 companies for next class, including 8 digital health startups