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Start-Up Chile
Start-Up Chile is a seed accelerator created by the Chilean government, based in Santiago de Chile. It provides equity free investment for qualified Startup company, startups. The program The program is managed by CORFO, the Chilean Economic Development Agency, via ''InnovaChile'', with the mission of encouraging entrepreneurship and innovation to improve productivity in Chile. Start-Up Chile receives funding from the Ministry of Economy, Development and Tourism, Ministry of Foreign Affairs (Chile), Ministry of Foreign Affairs and Ministry of the Interior and Public Security (Chile), Ministry of the Interior. It launched in 2010, bringing 22 startups from 14 different countries to Chile, providing them with CLP 20,000,000 (Chilean pesos) of equity-free seed capital, and a temporary 1-year visa to develop their projects for six months. The selected Startup company, startups join a 24-week program in Santiago de Chile, Santiago where they receive mentoring, office space and access to ...
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Seed Accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators. Distinctive qualities The main differences between business incubators, startup studios, and accelerators are: # The application process is open to anyone but highly competitive. Y Combinator and TechStars have application acceptance rates between 1% and 3%. # Seed investment in startups is usually mad ...
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Seed Accelerator
Startup accelerators, also known as seed accelerators, are fixed-term, cohort-based programs, that include mentorship and educational components and culminate in a public pitch event or demo day. While traditional business incubators are often government-funded, generally take no equity, and rarely provide funding, accelerators can be either privately or publicly funded and cover a wide range of industries. Unlike business incubators, the application process for seed accelerators is open to anyone but highly competitive. There are specific accelerators, such as corporate accelerators, which are often subsidiaries or programs of larger corporations that act like seed accelerators. Distinctive qualities The main differences between business incubators, startup studios, and accelerators are: # The application process is open to anyone but highly competitive. Y Combinator and TechStars have application acceptance rates between 1% and 3%. # Seed investment in startups is usually mad ...
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Santiago De Chile
Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose total population is 8 million which is nearly 40% of the country's population, of which more than 6 million live in the city's continuous urban area. The city is entirely in the country's central valley. Most of the city lies between above mean sea level. Founded in 1541 by the Spanish conquistador Pedro de Valdivia, Santiago has been the capital city of Chile since colonial times. The city has a downtown core of 19th-century neoclassical architecture and winding side-streets, dotted by art deco, neo-gothic, and other styles. Santiago's cityscape is shaped by several stand-alone hills and the fast-flowing Mapocho River, lined by parks such as Parque Forestal and Balmaceda Park. The Andes Mountains can be seen from most points i ...
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Startup Company
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.Erin Griffith (2014)Why startups fail, according to their founders Fortune.com, 25 September 2014; accessed 27 October 2017 Actions Startups typically begin by a founder (solo-founder) or co-founders who have a way to solve a problem. The founder of a startup will begin market validation by problem interview, solution interview, and building a minimum viable product (MVP), i.e. a prototype, to develop and validate their business models. The startup process can take a long period of time (by so ...
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ABC News
ABC News is the news division of the American broadcast network ABC. Its flagship program is the daily evening newscast ''ABC World News Tonight, ABC World News Tonight with David Muir''; other programs include Breakfast television, morning news-talk show ''Good Morning America'', ''Nightline'', ''Primetime (American TV program), Primetime'', and ''20/20 (American TV program), 20/20'', and Sunday morning talk shows, Sunday morning political affairs program ''This Week (ABC TV series), This Week with George Stephanopoulos''. In addition to the division's television programs, ABC News has radio and digital outlets, including ABC News Radio and ABC News Live, plus various podcasts hosted by ABC News personalities. History Early years ABC began in 1943 as the Blue Network, NBC Blue Network, a radio network that was Corporate spin-off, spun off from NBC, as ordered by the Federal Communications Commission (FCC) in 1942. The reason for the order was to expand competition in radi ...
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CORFO
The Production Development Corporation (CORFO, from es, Corporación de Fomento de la Producción de Chile) is a Chilean governmental organization that was founded in 1939 by President Pedro Aguirre Cerda to promote economic growth in Chile. Originally, CORFO was responsible for the creation of basic industries during the Presidential Republic Era, namely oil, power, steel, sugar, transportation among many others (see Economy of Chile). CORFO oversees a variety of programs aimed at generating the economic development of Chile, through the promotion of inward investment and the advocacy of competitiveness In economics, competition is a scenario where different economic firmsThis article follows the general economic convention of referring to all actors as firms; examples in include individuals and brands or divisions within the same (legal) firm ... for domestic companies. CORFO’s main areas are Quality and Productivity, Innovation and Investment Promotion. References ...
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Ministry Of Economy, Development And Tourism
The Ministry for the Economy, Development, and Tourism ( es, links=no, Ministerio de Economía, Fomento y Turismo de Chile) is a Chilean state ministry in charge of planning and executing the flow of policies and projects of the Chilean government. The ministry aims to generate feasible and sustainable economic development, with stable progressive equality in the allocation of economic interests. The current Minister of Economy, Development, and Tourism is Nicolás Grau. History The groundwork for the ministry were established in the 1930s—a period that saw the creation of the Subsecretary of Commerce that was dependent on the Ministry of Foreign Relations of that era. But the actual ministry itself was realized in October 1941 as Ministry of Commerce and Supply, and by 1942 it was ratified as the Ministry of Economy and Commerce. Subsequently, it was renamed to Ministry of Economy (1953–1960), and hitherto the Ministry of Economy, Development, and Reconstruction. Str ...
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Ministry Of Foreign Affairs (Chile)
The Ministry of Foreign Affairs of Chile ( es, Ministerio de Relaciones Exteriores) is the cabinet-level administrative office in charge of planning, directing, coordinating, executing, controlling and informing the foreign policy formulated by the President of Chile. It is located in the Edificio José Miguel Carrera at Plaza de la Constitución (''Constitution Square''), in downtown Santiago. The present Minister of Foreign Affairs (who is also known colloquially as ''Chancellor'') is Antonia Urrejola. History The office was first organized in 1812, during the War of Independence, under the name of Foreign Affairs Secretariat. It was abolished in 1814, after the Battle of Rancagua, when the Spanish government was re-established. In 1818, after independence, the secretariat was re-established, but this time as a dependency of the Ministry of the Interior, which at that time was named "Ministry of Government and Foreign Affairs" (1818 - 1824) or "Ministry of the Interior and ...
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Ministry Of The Interior And Public Security (Chile)
The Ministry of the Interior and Public Security ( es, Ministerio del Interior y Seguridad Pública, links=no) is the cabinet-level office of home affairs in Chile, in charge of "maintaining public order, security and social peace" within the country. It is also charged with planning, directing, coordinating, executing, controlling, and informing the domestic policies formulated by the President of Chile. As responsible for local government, the minister supervises all non-elected regional authorities. Izkia Siches has served as Minister of the Interior and Public Security since 11 March 2022; she is the first woman to hold this position. Her Undersecretary of the Interior is Juan Francisco Galli and the Undersecretary of Regional Development is María Paz Troncoso Pulgar. In the absence (because of travel, death, or other impediment) of the president of Chile, the Minister of the Interior becomes "vice president"; however, this is not a true vice presidential position, but rathe ...
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Latin America
Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived from Latin — are predominantly spoken. The term was coined in the nineteenth century, to refer to regions in the Americas that were ruled by the Spanish, Portuguese and French empires. The term does not have a precise definition, but it is "commonly used to describe South America, Central America, Mexico, and the islands of the Caribbean." In a narrow sense, it refers to Spanish America plus Brazil (Portuguese America). The term "Latin America" is broader than categories such as ''Hispanic America'', which specifically refers to Spanish-speaking countries; and ''Ibero-America'', which specifically refers to both Spanish and Portuguese-speaking countries while leaving French and British excolonies aside. The term ''Latin America'' was f ...
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Angel Investor
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origin T ...
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Venture Capital Financing
Venture capital financing is a type of funding by venture capital. It is private equity capital that can be provided at various stages or funding rounds. Common funding rounds include early-stage seed funding in high-potential, growth companies (startup companies) and growth funding (also referred to as series A). Funding is provided in the interest of generating a return on investment or ROI through an eventual exit through a share sale to an investment body, another trading company or to the general public via an Initial public offering (IPO). Venture Capital can be made in four methods: 1) Equity Financing; 2) Conditional Loan; 3) Income Note; and 4) Participating Debenture. Overview Starting a new venture or launching a new product in the market requires funding. There are several categories of financing possibilities depending on the scope of a venture. Smaller ventures sometimes rely on friends and family funding, loans, or crowd funding. For more ambitious projects, some ...
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