About Start-up chile
Start-Up Chile: Accelerating Technological Startups
Start-Up Chile is a leading accelerator of technological startups that focuses on different stages of development, from MVP to international expansion. The company has been instrumental in supporting the growth and success of numerous startups by providing them with the necessary resources, mentorship, and funding.
Founded in 2010 by the Chilean government, Start-Up Chile has become one of the most successful accelerators in Latin America. The company's mission is to foster innovation and entrepreneurship by attracting talented entrepreneurs from around the world to come and develop their ideas in Chile.
One of the key features that sets Start-Up Chile apart from other accelerators is its equity-free funding program. This means that startups accepted into the program receive up to $80,000 USD without having to give up any equity or ownership in their companies. This allows entrepreneurs to focus on building their businesses without worrying about diluting their ownership or control.
In addition to funding, Start-Up Chile provides a range of other resources and support services for its startups. These include access to co-working spaces, legal advice, accounting services, mentorship from experienced entrepreneurs and investors, networking opportunities with other startups and industry experts.
The accelerator also offers a variety of programs tailored for different stages of development. For example:
- Seed: A six-month program designed for early-stage startups with an MVP or prototype.
- Scale: A six-month program aimed at more mature companies looking to expand internationally.
- S Factory: A four-month pre-acceleration program focused on female-led ventures.
Start-Up Chile has helped launch over 2,000 companies since its inception. Some notable alumni include Platzi (an online education platform), Destacame (a credit scoring service), NotCo (a plant-based food startup), among others.
The company's impact goes beyond just supporting individual businesses; it has also played a significant role in promoting entrepreneurship culture throughout Latin America. Start-Up Chile has inspired other countries in the region to launch their own accelerators and startup ecosystems, creating a ripple effect of innovation and economic growth.
In conclusion, Start-Up Chile is an accelerator that has made a significant impact on the global startup ecosystem. Its equity-free funding program, range of support services, and tailored programs for different stages of development have helped numerous startups achieve success. The company's commitment to fostering innovation and entrepreneurship has also had a broader impact on Latin America as a whole.