Acceleration program for companies with a functional product and early validation
Two batches a year with 80-100 companies in each batch.
Application process is open! From July 17th to September 4th, 2018
Are you interested in SUP Chile?
If you’d like to let the SUP Chile scouter know about your startup, please fill in this form.If your startup fits the program, we will contact you soon!
What are we looking for?
Our Seed program attracts world class entrepreneurs to do business in Chile. Seed accommodates early stage entrepreneurs who will strengthen the enterprise environment, support the culture of innovation in Chile and connect with Latam to grow from our region to the world.
What do we offer?
Equity free money
The startup will receive funding towards 90% of total program costs and through either reimbursement, or an advance payment plan. The founder/startup must provide 10% of the remaining funding. Applicants can apply for an additional $25MM Chilean pesos, to stay in Chile for an additional period of max 8 months after their initial stage.
Accelerations & 7 month experience
During your 7 month experience in Chile, Start-Up Chile will accelerate and support your business. You will also be a part of an inclusive and energetic environment with other like-minded entrepreneurs to have the experience of a lifetime. We have built this program to help you to accelerate your business. Also, Start-Up Chile is here to be sure that you will have a life time experience in Chile, the best country in Latam for startups. The duration of your stay in Chile will be for at least 9 months.
Benefits
Foreign teams will be provided with a one year working visa. All teams will have access to the Start-Up Chile community which includes up to $300,000 USD in perks such as Microsoft BizSpark, Facebook Start, Amazon Web Services and many others. All startups are able to use our central co-working space for up to 9 months after their arrival to the program, free of charge.
Generation 21 application process will start on July 17th, 2018
Application process: From July 17th to September 4th, 2018
Results: November 30th, 2018
Program Starts: February 19th, 2019
In your application, do not forget!
To apply you will need to submit an application using our online platform. The application includes questions about leadership, the team and your motivations. In addition, you will need to submit a 90 seconds video and have a referee outline why you and your team are best suited to tackle your problem.
Apply here!