{"maxtimeb":1409928561,"blinks":[{"id":"985","when":"1409928561","title":"Startup Chile is Open","description":"The program is ready for the twelfth application process which is taking place between September 2nd and September 30th. Start-Up Chile attracts every year entr","lat":"-33.4419","lng":"-70.6503","url":"http:\/\/www.startupchile.org","source":null,"category_id":"10","category_name":"Events","ba_mode":"accelerator","ba_id":"96","ba_name":"Startup Chile","ba_description":"Start-Up Chile is an initiative of the Chilean Government to attract early stage, high potential entrepreneurs bootstrap their startups using Chile as a platform to go global.<br \/>Mission<br \/>To convert Chile into the undeniable innovation hub of Latin America. To host and fund 1000 startups in Chile before 2014. To motivate Chilean entrepreneurs to think globally and be unafraid of failure. To create a $1b company.<br \/>Company Overview<br \/>Start-Up Chile is a groundbreaking initiative of the Chilean Government, created by the Ministry of Economy, executed by CORFO (the Chilean Economic Development Agency), that seeks to attract early-stage, high potential entrepreneurs to bootstrap their startups utilizing Chile as a platform to go global. The end goal of the program is to convert Chile into the innovation and entrepreneurial hub of Latin America. This is a general mission of the current government and is the primary focus of Chile’s Ministry of Economy.<br \/><br \/>In 2010, as a pilot, Start-Up Chile brought 22 startups from 14 different countries to Chile, providing them US$40,000 of equity-free capital to last for six months, and a temporary 1-year visa to develop their startups along with access to the most potent social and capital networks in the country.<br \/><br \/>The 2010 pilot phase lead into the expansion for 2011, where the first application process of 2011 closed with 330 applications from 44 countries from which 110 startup companies were chosen, hailing from 28 different nations. 85 startups ultimately arrived to Chile, totaling nearly 150 people.<br \/><br \/>During 2011’s second application round in August, the number of applications doubled. Over 650 applications were received from over 60 countries. This was the first time residents of Chile (nationals and expats) were permitted to apply– with the program now focusing on concentrating talent in Chile rather than solely attracting it. From those, 154 startups were chosen and will be arriving to Chile in November of 2011 and January of 2012.<br \/><br \/>A third application process is currently under-way, seeking yet another 100 startups in order to meet the goal of funding up to 300 startups in 2011.<br \/><br \/>By the culmination of 2014, the end hope is to have up to 1,000 startups participate in the program.","ba_url":"http:\/\/www.startupchile.org","ba_logo":"http:\/\/startupblink.com\/uploads\/280f641ee04e7fd6a0c6cd3708c5a7dc.jpg","ba_lat":"-33.441898345947266","ba_lng":"-70.65029907226562","ba_city":"Santiago","ba_claimed":null,"ba_country":"Chile","ba_status":"1"}],"blinkids":"985","fromsearch":true}