Difference between revisions of "Startup Chile"
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'''Editor's Rating''' [[File:awesome.png|20px|]] | '''Editor's Rating''' [[File:awesome.png|20px|]] | ||
| − | + | Excellent program for early-stage entrepreneurs seeking equity-free funding and mentoring. | |
==Introduction== | ==Introduction== | ||
| − | |||
==About Seed== | ==About Seed== | ||
| − | Seed is a 6-month acceleration program for companies with a functional product and early validation | + | Seed is a 6-month acceleration program for companies with a functional product and early validation. |
====Application deadline==== | ====Application deadline==== | ||
| − | September 5th, 2017 | + | September 5th, 2017. |
| + | Application link under References. | ||
===About Startup Chile=== | ===About Startup Chile=== | ||
| Line 38: | Line 38: | ||
The first round of evaluation is conducted by YouNoodle a Silicon Valley based startup that comprises a panel of judges consisting of, entrepreneurs, academia and investors who evaluate and judge applications. | The first round of evaluation is conducted by YouNoodle a Silicon Valley based startup that comprises a panel of judges consisting of, entrepreneurs, academia and investors who evaluate and judge applications. | ||
| + | |||
YouNoodle evaluates based on, Beneficiary 25%, Team members 25%, Product or Service 25% and Market and Competitive Advantage 25%. | YouNoodle evaluates based on, Beneficiary 25%, Team members 25%, Product or Service 25% and Market and Competitive Advantage 25%. | ||
| + | |||
In the second round, Corfo evaluates based on Team 25%, Product or Service 15%, Market and Competitive Advantage 20%, Impact in Chile 40% | In the second round, Corfo evaluates based on Team 25%, Product or Service 15%, Market and Competitive Advantage 20%, Impact in Chile 40% | ||
| Line 46: | Line 48: | ||
==Previous Winners== | ==Previous Winners== | ||
| − | Aswin Shibu Abraham | + | {| class="wikitable mw-collapsible mw-collapsed" |
| − | + | |+ class="nowrap" | 2013 - 17 | |
| − | + | |- | |
| + | |! style="font-weight: bold;" | Founder | ||
| + | ! style="font-weight: bold;" | Startup | ||
| + | ! style="font-weight: bold;" | Hometown | ||
| + | ! style="font-weight: bold;" | State | ||
| + | ! style="font-weight: bold;" | Year | ||
| + | |||
| + | |- | ||
| + | | [https://www.linkedin.com/in/rarjunpillai/ Arjun R Pillai] | ||
| + | | Profoundis | ||
| + | | Thiruvalla, Pathanamthitta | ||
| + | | Kerala | ||
| + | |2013 | ||
| + | |- | ||
| + | | [https://www.linkedin.com/in/rampapineni/?ppe=1 Ram Papineni] | ||
| + | | AppVirality | ||
| + | | Telengana | ||
| + | | Telengana | ||
| + | |2014 | ||
| + | |- | ||
| + | | [https://www.linkedin.com/in/aswin23/ Aswin Shibu Abraham] | ||
| + | | Sous Chef | ||
| + | | Pampady, Kottayam | ||
| + | | Kerala | ||
| + | |2015 | ||
| + | |} | ||
==Resources== | ==Resources== | ||
| Line 58: | Line 85: | ||
==Discussion== | ==Discussion== | ||
| − | Follow the discussion on this [https://www.reddit.com/r/RethinkCommunity/comments/ | + | Follow the discussion on this [https://www.reddit.com/r/RethinkCommunity/comments/6vptk2/startup_chile/ reddit thread] |
Latest revision as of 10:36, 24 August 2017
Editor's Rating 
Excellent program for early-stage entrepreneurs seeking equity-free funding and mentoring.
Contents
Introduction
About Seed
Seed is a 6-month acceleration program for companies with a functional product and early validation.
Application deadline
September 5th, 2017. Application link under References.
About Startup Chile
Start-Up Chile (SUP) is a public startup accelerator created by the Chilean Government for high-potential entrepreneurs to bootstrap their startups and use Chile as a foundation.
Reward
If selected to Startup Chile, the participant is expected to live in Chile for 7 months. The participant will also receive:
- Equity-free grant of 30,000USD
- Mentorship for 6 months
Eligibility
Following is the eligibility criteria:
- An early-stage startup (<24 months)
- Founder aged 18+, able to dedicate time to living and growing his/her startup in Chile for 7 months
Expected Candidate Profile
- Globally-minded, early stage entrepreneurs who want to start their business in Chile.
- Globally-oriented startup with the capacity to scale.
Application Process
- Questions about the startup
- Questions about the founders/team
- Video Pitch - 90 seconds long video answering the following
- What problem is your startup solving?
- What solution are you proposing to this particular problem?
- Why are you applying to Start-Up Chile?
- Introducing the team, founders' background and collective experience.
The first round of evaluation is conducted by YouNoodle a Silicon Valley based startup that comprises a panel of judges consisting of, entrepreneurs, academia and investors who evaluate and judge applications.
YouNoodle evaluates based on, Beneficiary 25%, Team members 25%, Product or Service 25% and Market and Competitive Advantage 25%.
In the second round, Corfo evaluates based on Team 25%, Product or Service 15%, Market and Competitive Advantage 20%, Impact in Chile 40%
Application Walktrough
Previous Winners
| Founder | Startup | Hometown | State | Year |
|---|---|---|---|---|
| Arjun R Pillai | Profoundis | Thiruvalla, Pathanamthitta | Kerala | 2013 |
| Ram Papineni | AppVirality | Telengana | Telengana | 2014 |
| Aswin Shibu Abraham | Sous Chef | Pampady, Kottayam | Kerala | 2015 |
Resources
References
- Application Link
- Tips to For Your Startup Chile Application
- How to get into Startup Chile, here’s an unedited application and Video
Discussion
Follow the discussion on this reddit thread
