How StartUp Chile Helps Entrepreneurs and Chile Alike

How Start-Up Chile Helps Entrepreneurs and Chile Alike

The Start-Up Chile accelerator was arguably the spark that ignited Chile’s entrepreneurial ecosystem. The Chilean government, through the development agency CORFO, founded Start-Up Chile in 2010 as a way to bring in foreign entrepreneurs who would galvanize Chile’s transition into an economy built on technology and innovation. Since then, Start-Up Chile has accelerated over 1,500 startups, of which 51.1% were still operating in 2016.

When it was first founded, the program was meant to “change the nation’s culture towards entrepreneurship and to position Chile as the hub of innovation for Latin America,” but its impact has significantly surpassed that goal. While economic growth was not one of the goals CORFO...






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