Startup Chile S Factory 2018 Pre-acceleration Program for startups led by female founders ( $15,000 USD in funding)

Start-Up Chile was created in 2010 by the Chilean Ministry of Economy, Development,
and Tourism and executed by Corfo, with the objective to position Chile as the hub of
innovation and entrepreneurship in Latin America. Startup Chile is looking for projects that are technology related with potential for high impact. Join the program for a 4 months experience to learn vital skills for a strong start in the world of entrepreneurship.

Application deadline: June 20,2018

Eligibility criteria

Female founder : At least one of the founders must be a woman.

Age: All participants must be over 18 years of age.

Less than 6 months : Founders with just an idea and the right team to execute it are suitable to apply, as well as teams that have already built a basic version of a prototype. Startup Chile is seeking early-stage projects to support which are still in their first 6 months.

Dedicated 100% : The female founder must be a 100% dedicated to the project. This means that she cannot be employed in any other company or studying while participating in the program. She also must be willing to relocate to Santiago, Chile for the entire 12 weeks program. Take in consideration an additional month to take care about the legal processes involved.

Benefits

Training: This 4 months program hosts workshops and training from experienced entrepreneurs and mentors.

Equity free funding : $10.000.000 CLP (around $15,000 USD) funding to help you to get off the ground. This funding is equity free, meaning we don’t take a cut of the company.

4 months experience : To turn your ideas into a viable business. Startups may validate their idea, build an MVP and get ready for the next level of investment. It is perfect to turn an idea into a reality.

Application

To apply you will need to submit an application using the online platform. The application includes questions about leadership, the team and your motivations. In addition, you will need to submit a 90 second video and have a referee outline why you and your team are best suited to tackle your problem.

APPLY HERE 

Timeline:

Open: June 6th, 2018
Close: June 20th, 2018
Results: July 20th, 2018
Program start on: August 27th, 2018

For more information,please visit http://www.startupchile.org/programs/the-s-factory/

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