Start-Up Chile is a program created by the Chilean Government that seeks to attract early-stage, high-potential entrepreneurs to bootstrap their startups using Chile as a platform to go global. The end goal of this program is to position Chile as the innovation and entrepreneurship hub of Latin America.
The S Factory: Pre-acceleration program for startups in early concept stage focusing in… · More female founders. Selected companies receive $10 million CLP (around USD$14K) equity free and 3 months acceleration.
Seed: Acceleration program for startups with a functional product and early validation. Selected companies receive $20 million CLP (around USD$30K) equity free and 6 months acceleration.
Scale: Follow-on fund for top performing startups that are incorporated in Chile, have traction and are looking to scale in LATAM and globally. Selected companies receive $60 million CLP (around USD$86K) equity free with the condition that they incorporate and open operations in Chile.