Application Due Date: August 27 th, 5 pm (GMT-4/ Chilean Time)
The Start-Up Chile Seed program draws in world class business owners to do service in Chile. Seed accommodates early phase business owners who will enhance the business environment, support the culture of development in Chile and get in touch with Latam to grow from our area to the world.
Requirements to certify
You might use as either a Natural Individual or as a Chilean Legal Individual. A Chilean Legal individual appropriates for Chilean business. In this case, the business will be the recipient of Start-Up Chile financing. Immigrants with a bundled business beyond Chile need to use as a Natural Individual. The individual called on the application as a Natural Individual will be the recipient of funds. This details does not impact the result of the assessment procedure!
Less than 3 years
Your start-up can not be older than 3 years. We are trying to find early start endeavors.
Your group leader must.
be 100% devoted to the job. Optionally, the involvement of up.
2 natural individuals who form part of the starting group and who are appropriately.
defined throughout the application procedure might be thought about. These terms.
use to Chilean individuals likewise.
Equity complimentary cash
The start-up will get an equity complimentary fund of CLP $25 MM, which is towards 90% of overall program expenses and through either compensation or an advance payment strategy. The founder/startup should supply 10% of the staying financing. Candidates can obtain an extra CLP $25 MM to remain in Chile, which will likewise provide an extension of the program to 14 months amount to.
Accelerations & 6 month experience
Throughout your 6 month experience in Chile, Start-Up Chile will speed up and support your service, through a complete velocity program + access to both nationwide and global business network, financiers, coaches, and worldwide partners to scale to brand-new markets. You will likewise belong of an inclusive and energetic environment with other similar business owners to have the experience of a life time. The job period might be as much as 9 months, which might be extended just when and for as much as 1 extra month.
Foreign groups will be offered with a 1 year working visa, complimentary coworking area, and a complete soft-landing procedure.
All groups will have access to the Start-Up Chile neighborhood that includes as much as $100,000 USD in advantages such as Microsoft BizSpark, Facebook Start, Amazon Web Solutions and a lot more.
Application Process closes: August 27 th, 5 pm (GMT-4/ Chilean Time)
Outcomes: November 29 th, 2019
Program Begins: February, fourth, 2020
Next application procedure for Generation Seed24: January 7th, 2020
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