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. Today, Start-Up Chile is the leading accelerator in LATAM, among the TOP 10 globally, and one of the biggest and most diverse startup communities in the world.

Start-Up Chile has been a global game changer. After it was created, 50 countries followed suit and created similar programs.

Start-Up Chile has a large portfolio, receiving in between 200 – 250 companies a year. This deal flow is represented by 2 programs based on the stage of the startup. After TSF and Seed, you can apply to other Corfo follow-on funds. The Start-Up Chile 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.

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.
• 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.
• Acceleration and 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 lifetime experience in Chile, the best country in Latam for startups. The duration of your stay in Chile will be for at least 9 months.