$40k just to stay 6 months in Chile, then you can leave. They don't ask anything in return. They're trying to push the Chilean entrepreneurship.
www.startupchile.org
But our target is USA market, we want to move to the Bay area, but we don't have resources to do it. I'm asking my self. Can be good be in Startup Chile program, to take mentorship, money to bootstrap, networking and try to raise capital to move to the US after it?
We're Italian. So, in your opinion, it's best to stay here 'cause in any case is not our target market, or move there, and work to have the resources to move next to US?
Thanks
I'm not sure I understand what you're asking, but targeting Americans and American culture without being familiar with it yourself is certainly going to be challenging. You may be able to get around this though by employing Americans, but I'm not so sure that would work out, either. I know there are many Indian startups with various degrees of success that are based entirely in India, so it may work out keeping your business in Chili. No matter what you decide though, be careful when writing anything that is client facing, in fact you may wish to hire someone similar to a publicist or a writer. (Not to be rude, but your writing has grammatical errors and the judgments native Americans will make against you for this will be detrimental to your business.)<p>Is there a specific reason why your startup cannot work in the Chilean (or Italian? Are you in Italy?) market?
I'm in the Start-Up Chile program right now. I don't understand the thinking behind this post, since there are no restrictions on what you do after the program. But if you have any specific questions feel free to contact me via email. And if you're just getting cold feet don't worry about it. The program is great, and congratulations on getting in!
By the time you get to the six month point of living in Chili, whatever you have left of that $40K may not get you much more time in the bay area. Your best move might be to stay put while you work on getting to the point of being profitable.